This business was established over a year ago by four hospitality business owners with a proven track record of success in the industry (five well known hospitality & leisure venues in the existing portfolio).
Launched in May 2021 it has established itself over the past 12 months to a steady trading level. The venue is still experiencing strong growth in both wet and dry trade and with a great deal of potential for further improvement.
Located in the beating heart of Southampton's Bedford Place, the venue benefits from a large outdoor area, and a good amount of passing trade throughout the week.
Reasons for sale; Re-balancing of existing portfolio with a focus on diversification into other areas, unforeseen external time pressures within current ownership team.
The venue provides a unique offering not found anywhere else in Southampton with three bookable shuffleboard tables plus a private upstairs event space with dedicated bar and facilities.
This listing is being sold as a turnkey business, including staff, licence (including live sport), 25 year lease (with 5 year break clauses), social media, cleaning contracts, dedicated sales manager and established web presence and all existing marketing assets. In addition to this, the business benefits from an existing digital infrastructure, which includes: bookkeeping, rota management, digital EPOS, specialist bar stock management, online booking system with integrated payments, and more.
The venue is also fitted with a fully integrated AV system, including digital mixer, integrated media server, Chamsys-controlled lighting system and distributed video and AV system.
The business also benefits from an ongoing working relationship with a local marketing agency that handles all aspects of social media, marketing and bookings.
Ideal owner will have some experience of working in the hospitality industry, and a passion for delivering a unique experience to customers.
This listing includes all existing assets, to include, but not limited to; bar fixtures & fittings, furniture, and a functional kitchen (with twin deck pizza oven, walk-in fridge, freezer, and counter top fridge).
3x 14ft Premium SHUFL brand Shuffleboard tables are included in the listing, however this is negotiable depending on intended use.
This is an opportunity to purchase a ready-to-go venue that will start generating income from day 1. The business would benefit greatly from a passionate individual/team that could leverage this fantastic venue's potential.
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