Asking price
POA
Annual turnover
£250,000
~£4,808/wk
Annual net profit
On request
About this business
Highly regarded, Stylish Cocktail Bar in the heart of Peckham This opportunity represents the sale of a prestigious and highly-praised cocktail bar in Peckham. Frequently appearing in Time Out's "50 Best Bars" and "50 Best Cocktail Bars" alike, along with receiving their "Best of The City" award, media coverage for this venue has appeared in notable publications such as The Guardian, Evening Standard, GQ, Vogue and HuffPost UK.
The business benefits from a loyal and growing clientele, as well as a well-established reputation for serving exceptional, high-end cocktails.
The business occupies a 30-square-metre site on a bustling parade of restaurants and shops, with residential units above. The bar comfortably accommodates 28 indoor seats and has two roadside tables that provide an additional four covers, allowing for a relaxed and intimate atmosphere all year round. Additionally, The bar holds an off-licence, which allows for the retail sale of alcoholic beverages, providing an additional revenue stream. The business also benefits from business rates exemption, which significantly reduces overhead costs.
This sale represents a rare opportunity to acquire a profitable, highly-regarded and stylish venue in the heart of London. The business boasts a prestigious location, a loyal customer base, and a strong brand identity, all of which position it well for future growth. With the potential for multi-site expansion, a proven track record of success, and solid financials, this sale presents an attractive investment for hospitality operators seeking a premium asset with significant growth potential.
Enquiries are encouraged on this opportunity, and offers are invited.
Additional information
This business is relocatable.
Asking price
POA
