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Chic Wine Bar Brasserie In Affluent County Town For Sale

Dorchester, Dorset, United Kingdom

Financials

Asking price: £65,000

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Classy wine bar brasserie recently completely refurbished to an exceptional standard. Quality business offered for sale with a solid customer following, including exceptional links with local district, town and county councils. This business has recently had a large amount of favourable press coverage and has a large amount of advance bookings in place. 40 covers on offer in stylish restaurant, complemented by a further 20 in contemporary bar area, also 28 cover outside area. This property also comes with the benefit of a completely refurbished, good sized 1 bedroom flat. We have over 1200 bookings secured over the Christmas period.

Years established: Relaunched April 08

Trading hours: 11:00am - 3:00pm, 6:00pm - 11.00pm

Property: Leasehold


Lease terms
Brand new 25 year free of tie lease with private landlord. Current rent 25k

Living accomodation
A good sized dual aspect 1 bedroom flat with brand new contemporary kitchen and bathroom. New carpets and recently redecorated throughout.

Location
Situated in a lovely position just off of the main high street, and shopping street in the town. A lovely outside seating area provides 28 covers, a unique feature in the town.

Expansion potential
An exciting opportunity to continue with the great reputation that is being built for this business. This property offers a great venue for private functions, an area not currently being explored. Currently run under management and would benefit hugely from an owner occupier.

Competition / Market
There are no other businesses in the town offering the quality displayed here. Our unrivalled links with local businesses provides a solid repeat business and secures many large parties. Dorchester is an afluent, bustling market town, with a healthy tourist trade, from which we benefit hugely due to strong links with local B & B's and hotels. Customer comment cards recieved, confirm the high regard this business is held in.

Support & training
Training and support available if required.

Reasons for selling
Owner has other business interests and lacks the time to dedicate to this business.

Related website: no6northsquare.co.uk


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