Pub/bar for sale in Stockport, England, United Kingdom SK4

Business
Please quote reference B07757

CoGoGo are delighted to welcome to the market Scarlet Door, Cocktail bar & Malaysian Kitchen, a high rated Cocktail Bar that also serves up Malaysian food in Heaton Moor, Greater Manchester.

The business was first established by our client in 2023, building up an excellent reputation and regular customer base during its short time trading. As seen by the online ratings and reviews, the business is extremely popular within the area.

Scarlet Door, Cocktail bar & Malaysian Kitchen has now come to the open market due to our clients desire to move onto other business ventures.

This unique business opportunity specialises in Malaysian Street Cuisine, with offering small plates with own unique twist. This is the perfect location to meet friends or relax. The premises is licenced until 1am.

Key selling points -

• High footfall location


• Scope for expansion


• Staff in place


• Outstanding reputation


• Repeat custom


• Average sales of £11,000 per week.

Scope for further growth -

• Increase advertising and marketing


• Offer a local delivery service


• Push an outside catering side of the business

Location
Scarlet Door, Cocktail bar & Malaysian Kitchen is located on Heaton Moor Road, in Heaton Moor, Greater Manchester.

The business is situated in a prime trading position, receiving high levels of footfall and passing trade.

There is ample parking in the area.

Premises
Ground floor -

• Modern bespoke décor and furnishings


• Fitted kitchen with ample storage


• WC


• External seating

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease. The rent is £40,000 per annum.

Hours
The current trading hours are -

Wednesday through to Monday - 12:30pm until late

Tuesday- Closed

Staff
We are advised that the business has 11 members of staff, 3 of which are managers.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £570,000. Further financials can be made available upon request.