Business for sale, Buy a business or sell a business. Find a business broker or a franchise for sale. Over 19,000 banks and 2,700 venture capital firms in The Business Place

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in

Business for sale in United Kingdom - Ac259-freehold night club and irish bar-darlington, county durham

Asking Price: 1,245,000 £ Real Estate: Ownership
Sales Revenue: 300,000 £
Net Profit: 1 £
Year Established: 2007
Employees: 1FT, 2PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/Darlington, County Durham

Business types:

Accommodation & Food services

Business categories:

Bars & Taverns ; Nightclubs ; Other Accommodation & Food Services

Business description

during the past three years this has become the no 1 night club in the town of darlington, successfully beating off the other clubs in the town. They now have very little competition and the business is going from strength to strength. The owner has invested into the freehold premises which now has, as well as the night club, a separate irish bar which is open thursday to sunday from 12 noon until late. The bar shows all the latest football / rugby matches and music videos along with its own music system. The business operates from a prime freehold location in the centre of the town and has eatblished itself as the major venue within the local area. The club has an excellent up to date sound and lighting system with dance floor and poduim, bar and vip lounge with a separate bar next door for non-club goers. The business is not tied to any brewery and is able to negotiate its own deals for their drinks. This allows the bar and the club to be highly competitive in attracting growing numbers of customers to come and spend their money whist having a great night out. The freehold property has under gone an extensive refurbishment 18 months ago and is constantly maintained to an excellent order with an opportunity to utilise the upstairs and convert the rooms into office space or a self contained flat. Over the past three years the business has been growing steadily and there are considerable opportunities within the club and bar area to increase turnover. Add to this the space available upstairs to create office or living accomodation and you have an excellent investment opportunity. Equipment: everything that is needed to run such an establishment is included in the sale of this business including cigarette machine, 3 bandits, quiz machine, two sound systems & a lighting system with a full 5 till epos cash system. All of the beer dispensing equipment and cooling system are owned by the business as they are not tied to any brewery. Customer service: the business manages several thousand customers during a normal month and has the systems, infrastructure and people in place to ensure that customers are always satisfied. High quality service, excellent value for money and a welcoming atmosphere are paramount to the success on which the bar and club were built upon. The results of this are self evident in the businesses sustained levels of repeat customers. In addition to sales the venue offers in house adverting to local businesses for a fee, bandit sales, quiz machine sales, and cigarette sales etc. Key strengths: this is an independently owned business with the owner having a “hands on” approach to both the bar and the nightclub. The owner has nurtured a good team who work within the business capable of overseeing all aspects of a smooth running venue. The club is well established with a prime location in the town centre, two factors that have helped them to fight off competition. It holds circa 450 people at any one time. They are not tied to any brewery which allows them to negotiate excellent deals for drinks, keeping both the club and the bar highly competitive during the recent economic situation. They also own and replenish cigarette dispensers & bandits within the premises. The club runs special promotions every week with “students night” on thursdays, “party night” on fridays, “club night” on saturdays and an “over 25’s night” on sundays. The separate bar shows all the latest football & rugby matches and has music videos playing on large screen tv’s with a further independently run sound system. The club is available for private hire on fridays and sunday day time they regularly have birthday parties and other celebrations in the club. The club provides door staff, dj’s and can also provide food requirements such as running buffets. Growth and expansion: the current market for this business’s services is growing and the forecast in the near and long term is for significant growth. The business has little or no competition in the local area and they are well positioned to take advantage of the growth as it occurs.

Additional information

Additional information: Not Disclosed
Support & training: The owner would be happy to help with a smooth transfer of the business in any way possible for a period of time.
Reasons for selling: The owner and his family are emigrating.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: This is a two storey freehold property with cellar and is in excellent organised and impeccable order. It is in a prime town centre location in Darlington nearby to all other local amenities. Downstairs is a main nightclub area with a separate entrance and reception/cloakroom. The club has its own bar, standing and seating area with a dance floor, a VIP lounge and Bar upstairs and a DJ booth. There is a small outside smoking area to the 1st floor for the VIPs adjoining the night club, although with its own entrance, is a public bar which allows non-club goers to enter. This has its own Female /Gents toilet block, there is a small kitchen and office area adjoining the bar. Below the bar is a good sized cellar area for the store of barrels, dispensing equipment and bulk bottle storage. Upstairs there are five rooms which at present only two are in use. These are currently used as an office and a storage area. There is potential to either rent out the office to a small firm or create a self contained flat for rental or to be utilised by a member of staff. The 1st floor area has a rental value of £600.00 per month which has recently been evaluated.

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in