Asking price: £150,000

Sales revenue: £200k < 500k

Net profit: £100k < 250k

Fixtures value: £40,000

Stock value: £10,000

Business description
World Music Bar & Restaurant for Sale. Great location. Sumtuous settings. Late License. Stage Area. Dance Area. Small Gallery. Fully Sound Proofed. Very Established (4 years). Mediterranean Menu. 60 Covers. 100 Capacity. Great Reputation. No Other Venue Like This For Miles. Data Base of Clientele Mailing List approx. 4000. A 'One-Off' Venue. £150,000. Seating / Smoking Area Outside. Comprehensive Data Base of Live Acts. DJ Console & Mixing Desk. The Best Deal You'll See This Side of 2008.

Years established: 5

Employees: 3

Trading hours: Sun - Thu 5pm - 1am, Fri 5pm - 2am, Sat 10am - 2am.

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
20 Years Lease Rent £21,000 per annum Premium is £150,000 4 year rent review Rates £5,500 per annum

Location
ViVa ViVa is on a prime High Street Location with a constant flow of traffic and great parking facilities close to underground / overground trains and buses.

Expansion potential
The name ViVa ViVa is a fantastic brand name and unique business. Anyone who can see it has enormous potential and anyone with good marketing nous could make this business as good as, if not better than the likes of the ever expanding 'Giraffe' bars and restaurants.

Competition / Market
As you will find out for yourself ViVa ViVa is an absolute one-off and is very strongly placed. There are a couple of pubs near by but I am safe to say that we have dominated the area over the last four years and have an envious position.

Support & training
I would be willing to help out for the first six months in training and support.

Reasons for selling
I had 2 children in quick succession (now 1 year and 2 year old) and find going in at night extremely difficult.