Pub/bar for sale in London, England, United Kingdom E11

Business
Please quote reference B07967

CoGoGo welcomes to the market Dina Wines Ltd, a highly rated Wine bar located in the Leytonstone area of East London.

The business has been under our clients ownership since the end of 2021, originally trading as a shop before changing to the current wine bar. As seen by the online ratings, reviews and large social media following, the business is extremely popular within the area.

Dina Wines Ltd has now come to the open market as the business is too much work for one person.

Dina Wines Ltd is a Buvette style wine bar based in the heart of South Leytonstone, serving up small plates alongside a daily changing offering of natural wines. Playing mostly great music on @audiogold and having the occasional guest chef, the business has proven to be a go to in the area.

The sale of the business includes the business website and social media accounts, with an Instagram platform of over 5,000 followers.

Key selling points -

• Excellent reputation


• Fantastic online ratings and reviews


• Large social media following


• Plans in place for a large development in the area - flats to be built behind the high road which could bring more customers

Scope for further growth -

• Expand the online business


• Get a full time chef


• Offer Coffee/Brunch


• Increase advertising and marketing

The bar was rewired when our client took over. A full breakdown on the equipment and fixtures/fittings included in the sale can be made available.

Location
Dina Wines Ltd is located on High Road, in the Leytonstone area of East London.

Due to its location and position on this main road, ith receives high levels of footfall and passing trade.

Premises

• The premises consists of one main room with a total covers of 18 seated.


• A kitchen, small storage area and toilet to the rear.


• A premises that comes alive in the evening.

Tenure
We are advised that the business is being on a Leasehold basis, currently with 2 years remaining on the lease (as of April 2024). The rent is £1,200 per month.

Hours
The current trading hours are -

Monday to Tuesday - Closed

Wednesday to Friday - 4:00pm - 10:00pm

Saturday - 2:00pm - 10:00pm

Sunday - Closed

Staff
We are advised that the business has 3 part-time staff members.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £167,000. Further financials can be made available upon request.