- Business ID: 3150
- Price: £99,950 +SAV
- Annual Turnover: £650,000
- Business Category: Bars & Restaurants
- Location: Greater Manchester
- Tenure: Leasehold
- Living Accommodation: No
- EPC Rating: E
An outstanding opportunity to acquire a highly regarded and fully operational hospitality venue situated within a sought-after and affluent suburban location. This well-established business has built an excellent reputation with its loyal customer base and enjoys strong levels of repeat trade, delivering an impressive turnover of circa £550,000 over a 10-month trading period.
The business currently operates from the ground floor only as a highly successful restaurant, generating average weekly takings of approximately £13,000 and demonstrating the strength of its core offering. The ground floor provides around 75 covers and offers a warm, stylish trading environment that has clearly resonated with diners seeking a quality-led dining experience. Food is produced from the fully equipped basement kitchen, which is capable of delivering a high standard of cuisine suitable for both everyday service and more premium dining occasions.
The dining area within the restaurant is light, airy and beautifully presented, creating an inviting setting for customers to relax and enjoy their experience. A particularly appealing feature is the option to open the sliding doors, allowing natural light to flood the space and bringing the outside in, which further enhances the overall atmosphere and dining experience.
The first floor offers another major advantage and presents a superb opportunity for further growth. Beautifully presented throughout, this additional space currently provides seating for up to 55-60 covers and has been enhanced by a state-of-the-art sound system, making it ideal for private parties, celebrations and events. Importantly, the first floor benefits from its own entrance together with separate toilet facilities, allowing it to operate independently from the ground floor if required. This creates clear scope for an incoming owner to develop a highly profitable private hire and events side to the business, with pre-booked food and drink packages offering the potential for strong margins and additional revenue.
The third floor also offers added value for any potential buyer, as it can be renovated to suit the owner’s needs, whether as additional living accommodation, storage space or an office
With a total capacity of around 130 covers across both floors, this is a rare chance to acquire a thriving hospitality business that already performs strongly, whilst still offering excellent scope to increase both turnover and profitability through the greater utilisation of the first floor events space.
This is an ideal acquisition for an experienced operator, hospitality group or investor seeking a profitable and scalable venue in a desirable location with proven demand, strong existing revenues and multiple avenues for future growth.
- Turnover circa £550,000 over a 10-month trading period
- Ground floor operation averaging approximately £13,000 per week
- Around 75 covers to the ground floor plus 55-60 covers to the first floor
- Potential to renovate third floor for use to suit the owner
- Sun-drenched outdoor seating area proving extremely popular in summer months
- First floor private events space with its own entrance, toilets and sound system
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