Popular Caribbean Bar & Restaurant in Greater Manchester

Altrincham, Manchester
REF: R06730

Asking Price:
£99,950
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: R06730

Overview

Tenure:
Leasehold
Established:
TBC
  • Additional vegan menu (catering to various diets) & a children’s menu
  • Strong online presence and brand imagery
  • Wide range of authentic Caribbean dishes and cocktails
  • Large, contemporary premises
  • Late licence (until 3am)

The business for sale is a contemporary bar and restaurant specialising in a unique Caribbean experience in a prime location in Greater Manchester.

The bar and eatery has built up a large customer base due to its authentic dishes and rum-based cocktails. It is a menu that combines Caribbean spices with fragrant marinades and signature meaty mains. In addition, the restaurant provides a vegan and children’s menu which draws in a high number of clientele.

Premises are large and contemporary with a warm décor; the business is now for sale on a leasehold basis.

The business operates from large premises within a unique building incorporating a warm, colourful yet contemporary décor primarily accommodating wooden furniture and bold, bespoke decorations and furnishings - which are included within the sale.

The premises are set on the ground floor and host an attractive covered outside area that can seat up to 30 diners. The bar area accommodates a further 45 covers. The bar is set at the rear and is fully fitted and easily accessible for staff. Behind this is a very well fitted out kitchen. To the right of the bar area is the toilets with a door leading out the back where the beer and gas dispensers are.

All furniture is included in the sale including kitchen equipment such as fridges, freezers, cooker, microwave, grill, S/S units and tables.

This is an opportunity which would best suit an established national operator or a large regional player looking for the next step.

Despite firm foundations set, there are ways to grow the business further.

The company would gain exposure by implementing an advertising campaign to showcase the already established online presence. Remaining open for longer during the winter months would also ensure that the company does not miss out on large family and friend socials.

The current owner is also willing to discuss a transitional period, if needed. In addition, there is consultancy available for first 6 months as a hand over of operations if taken on as ‘The Drop’, this includes license to use the brand.

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  • Altrincham, Greater Manchester
  • prominent location
  • High footfall
  • Surrounded by complimentary businesses
Rent
£16,300
Rates
TBC
Lease Term
5
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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