Business Opportunity 

An opportunity exists to purchase the business and assets of a Devonshire all-day dining restaurant & Bar.

 

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 2018, providing daytime brunch, lunch & cocktails, and evening dinner and music.

 

The Company currently employs 34 staff.

 

Recent Financial Information

Profit & Loss:

Year Ended 30 November 2021

Turnover:                          481,414

Gross Profit:                     131,358

Operating Loss:              (29,995)

 

Year Ended 30 November 2020

Turnover:                          361,412

Gross Profit:                     184,455

Operating Loss:               (3,747)

 

Premises

The company operates from leasehold premises.

 

Assets Available for Sale 

- Lease (Subject to Landlord Consent)

- Goodwill

- Intellectual Property

- Chattel Assets

- Stock

 

Deadline for Offers

Indicative offers to be received no later than 12 noon on Friday 16th September 2022, all offers are to be supported by proof of funds.

Business For Sale: Restaurant & Bar

  • Iain Gash
    T: 0161 435 6036
    E: iain.gash@gtcappraisals.co.uk
    E: info@gtcappraisals.co.uk