Business Opportunity
An opportunity exists to purchase the business and assets of an East London Bar and Brasserie.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement.
Business Overview
The Company was incorporated in 2013, providing a cocktail focused drinks selection and French brasserie inspired food offering.
The business operates in the East of London.
The Company currently employs 6 fulltime professional staff.
Recent Financial Information
Profit & Loss
From June 15 - May 16
Turnover: 468,427
Cost of Sales: 474,593
Gross Profit: (6,166)
Operating Profit: (137,986)
From June 14 - May 15
Turnover: 458,361
Cost of Sales: 511,415
Gross Profit: (53,415)
Operating Profit: (213,865)
Premises
The company operates from leasehold premises.
Assets Available for Sale
- Lease
- Goodwill
- Intellectual Property
- Chattel Assets
- Stock
Deadline for Offers
Indicative offers to be received no later than 12 noon on Tuesday 21st November 2017, all offers are to be supported by proof of funds
Business For Sale: Bar & Brasserie Business
Simon Creber
T: 0161 435 6036
E: Simon.creber@gtcappraisals.co.uk
E: info@gtcappraisals.co.uk