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| Financials |
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| Asking price: | £49,950 | | Sales revenue: | £140,000 | | Furniture / Fixtures value: | £50,000 | | Inventory / Stock value: | £5,000 |
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| Business description |
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Fantastic opportunity to purchase one of the best new businesses in this market town. Current trade built on an offering of great locally sourced food, large selection of wines and beers and live music every weekend.
This bar and restaurant has been recently revamped and operating under the current ownership for less than a year. Due to other business commitments, it is currently up for sale at an attractive price. |
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| General information |
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| | Years established: | 1 | | | Employees: | 3 full time, plus casual staff | | | Trading hours: | 11:00am to 3:00pm, 6:00pm to 11:00pm |
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| Property |
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| Leasehold |
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| Lease terms: 14 year lease, with 13 years left to run. FRI and standard commercial terms. |
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| Location |
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Situated in an ideal location, just off the high street but with plenty of street presence and footfall. Located between the two main railway stations in town and near a large carpark and market, the restaurant has plenty of footfall.
Development of the old brewery site 50 yards away is due to near completion next year which will draw more shoppers from the surrounding area and the upper part of town, further increasing passing trade. |
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| Expansion potential |
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| Potential to expand further in the weekday evening trade, however the real revenue earners are the lunch trade and weekend music and drinks markets - an area currently not well catered in venues other than pubs. |
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| Competition / Market |
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| Dorchester has a bustling lunch trade, of which the restaurant is currently growing it's market share. The restaurant has gained an excellent reputation for evening and weekend dining, which is the main revenue generator at the moment.
While there are many venues offering lunch in town, this venue differs by looking to satisfy for the demand for evening and weekend dining as well as live music - areas currently in short supply within the town. Combined with the unique selling point of sourcing many of it's ingredients direct from local farmers, the restaurant offers something genuinely different than most other venues in Dorchester. |
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| Support & training |
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| Full training and support for first three months of handover. |
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| Reasons for selling |
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| Currently engaged in other businesses and lacks the time to dedicate to this business. |
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| Financing available |
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| Options available on application |
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| To find a professional adviser, click here |
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