Stylish cocktail and wine bar for sale in Wigan town centre with growth potential and ready-to-trade facilities

Description

A stylish and well-located cocktail and wine bar in the heart of Wigan, @31 presents an excellent opportunity for a new owner to develop and expand an already established hospitality venue. The business benefits from a growing customer base and a modern, high-quality interior, making it well suited for private events, social gatherings and evening trade.KEY HIGHLIGHTSPrime town centre location with strong pedestrian footfallFully licensed and professionally fitted interiorCurrently trading on limited hours with significant scope to extend evening operationsStrong potential to introduce a food offering or bar snacks throughout the weekOpportunity to increase revenue through live music, DJ events and themed nightsSuitable for an experienced operator or ambitious new entrant to the hospitality sectorThe venue is fully equipped and ready to trade from day one, with all fixtures and fittings included in the sale.BUSINESS STRUCTUREThe business is currently operated through a limited company with a clean trading history, which can be transferred if required or restructured under new ownership. Accounts are prepared up to the end of June 2025 and will be submitted thereafter.Projected performance for the last 12 months indicates turnover of approximately £89,000 with net profit of around £16,000, based on part-time trading. The business is not VAT registered.LEASE TERMSA new lease can be negotiated, including options for lease length and break clauses depending on purchaser requirements.SUMMARYThis represents a well-presented cocktail and wine bar with strong branding, a central location and clear potential for growth. It offers an ideal opportunity for an operator looking to expand trading hours, develop events-based revenue and build on an already established hospitality concept.