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Businesses For Sale > Business For Sale in Minster On Sea , Isle of Sheppey,Kent, UNITED KINGDOM - UK (UK)

CO142 -Minster On Sea , Isle of Sheppey,Kent-£850,000-Layzell's Clubs Limited for sale in Minster On Sea , Isle of Sheppey,Kent, UK

Minster On Sea , Isle of Sheppey,Kent, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 850,000 £ 200,000 £ 36,000

Business Summary:
Layzell's Clubs LimitedFreehold, Refurbished Licensed Bar, Nightclub and Entertainment VenueOffered for saleRef No: CO142:Location: Minster On Sea , Isle of Sheppey,KentAsking price: £850,000This business has been established for approximately thirty years and has been managed by the current owners for the last eleven. The business has for many years been well known as ‘the place to go ‘especially at the weekend on the Isle of Sheppey.Since taking over the business several years ago, the current owner has invested £500,000 to ensure that the venue is able to retain its reputation throughout the local community and beyond.New flooring, ceilings, bar areas, toilets, furniture and pool tables as well as converting dead space into an additional bar have all contributed to the continued success of the business.

 

   
Year Business was Established: 1980
   
Number of Employees: 13  
   
Potential Growth/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. The business does have a kitchen, but at present does not offer food for sale. With the growing trend for gastro pubs, adding food to the club’s list of services provides an obvious route for the business. The club is closed on Mondays and a more proactive approach to bringing customers in during the early part of the week, for example by showing sports on big screens or poker evenings would be another opportunity for growth. Special theme nights for example for singles would also add to existing levels of trade.  
   
Competition: The business only advertises sporadically in the local press. Posters are put up to promote future events.  
   
Owner willing to train: All necessary training and a full handover are available to ensure continuity of trading.  
   
Reason for selling: The current owner has is looking to take retirement.  
   
Seller Reference Number: CO142
BusinessMart.com Listing Number: 90678
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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