£120,000 + SAV
Description

Well-known, Award Winning, Independent, Music Loving Bar & Events Space Business, in the heart of Skipton

- North Yorkshire

Alan J Picken are delighted to offer this a well-known, award winning, independent, music loving bar and events space business in the heart of Skipton onto the market.

UNEXPECTEDLY REOFFERED ONTO THE MARKET… MOST ADVANTAGEOUS PRICE £120,000 + SAV         

The business occupies an enviable trading position in the bustling market town of Skipton, located in a beautiful Grade II listed building in the canal quarter of Skipton.

Currently trading 4 days a week, operating as both a busy town-centre bar and a live music venue, serving an ever-changing line up of craft beer, real ale, spirits and cocktails as well as hosting a wide variety of regular events. Events are both free and ticketed and include open mic nights, quiz nights, live music and comedy and burlesque, with the majority of the ticketed events selling out within minutes or days of going on sale!

Since establishing the business, our clients have transformed the once basic premises into a truly eye-catching space, which has been fitted with high quality fixtures, fittings & equipment. This effort and attention to detail has not gone unnoticed by its visitors who often comment on the décor. A loyal and local clientele and an excellent reputation has been established over the years, as well as attracting those from further afield. The business also has a prominent social media presence with over 5.3 thousand followers on Facebook and a large subscriber database, as well as boasting an impressive 4.8 Google rating and 5/5 Tripadvisor rating.

Annual turnover, for the past 3 years, in the region of £350,000 to £400,000.

Gross Profit 67%.

Net Profit in excess of £100,000 per annum.

Scope to increase sales via extended openings, the significant private hire demand, and the potential to introduce food offering.

We trust this will prove a resoundingly successful acquisition, for a dedicated enthusiastic working proprietor to continue to exploit the full potential and derive maximum profits. Early inspection of this genuinely fantastic opportunity is strongly recommended. It is an established, turn-key business with even more potential to expand.

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Business £120,000 + SAV

Leasehold.

Skipton, North Yorkshire.

Reference. W10668

Property Features

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