Turnkey bars, takeaway and food truck with extra rental income and security systems.
Established dual-site hospitality business with strong annual profits
Two well‑established hospitality operations in central Southport combine strong trading performance with immediately usable assets. Annual management accounts show turnover of £411,805, gross profit £304,554 and net profit £148,922 (year ending 31 July 2024). The sale includes a freehold Duke Street site with a two‑bed flat above, a leasehold Rufford Road bar, and a fully equipped food truck. Additional rental income of £24,400pa further boosts returns.
Both venues sit on busy main roads with high footfall and visible street presence. Duke Street benefits from corner positioning, takeaway counters, dining area, cellar storage and external brick outhouse; Rufford Road offers an upmarket tapas bar layout with seating for c.45 indoors and capacity for 119 including outside. Security systems (CCTV and alarms) are fitted at both premises, and an experienced staff team is in place to support ongoing trade or a managed handover.
Strengths are clear for an owner‑operator or investor seeking turnkey hospitality income and expansion potential: established customer bases, multiple revenue lines (bar, food, takeaway, rental, mobile catering), and the option to sell sites separately (one freehold, one leasehold). Kitchens are operational but compact; any buyer should budget for routine maintenance and possible upgrades to meet specific concept changes.
Notable considerations: the local area is classified as deprived which can affect long‑term footfall patterns and financing terms; one site is leasehold so lease terms should be reviewed. Practical limitations include confined kitchen and storage spaces at Duke Street and reliance on key staff during transition. Prospective purchasers should verify accounts, lease documentation and planning constraints before committing.
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