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#Business ID: 16460

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Licensed Sports Club Bar & Restaurant West Midlands

Business Location: Halesowen, West Midlands, England

Asking Price: £ 99,950 Revenue: £ 104,000 Cash Flow: £ 0 to 100k

Business Summary

Halesowen West Midlands – Licenced Sports Club Bar & Restaurant
Sports club for sale comprising of 7 snooker tables and 6 pool tables with Sky sports TV fully fitted and equipped licenced bar fully fitted and equipped kitchen with 48 cover restaurant/function room, ladies & gents WC and smoking area. The club which has over 700 members has been established over 20 years and operates from a premise on the 2nd floor of an office building in the centre of Halesowen and has a licence till 4am. The whole property which is approximately 5,000 sq.ft is secured on a 6 year renewable lease with a rent of £300 per week. Our client who is emigrating to the USA took over the club in March 2013 and has spent a considerable amount of money investing in the business and has now a turnover of £2,000 per week which is still increasing and offers great scope to any enterprising new owner.

Property Details

Size:

5000 sq.ft

Years Established:

Over 20 years

Property Type:

Lease

Other Business Details

Business Location:

The business is located in Halesowen Town centre on the first floor of a commercial property.

Premise Details:

First floor property 5000 sq.ft with bar/reception area lounge pool table area two snooker rooms restaurant/function room fully fitted & equipped kitchen and ladies and gents WC's

Business Operation Details

Employees:

Operated by the owners with two part time staff

Trading Hours:

12.00pm to 11.00pm Monday to Thursday and 11.00am to 2.00pm Friday & Saturday and 12.00pm to 8.00pm Sunday

Support & Training:

Full support and training will be given to any new owner

Miscellaneous Details

Reason For Selling:

Emigrating to America

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