BusinessSales.ltd Logo

Middletons Bar

Pubs & Bars • Edinburgh, Midlothian Management opportunity
Listing image

Summary

Middleton's Bar is a 100% drinks led bar mixed with an eclectic ‘edge of the city’ feel. Students, local working people, families, tourists and football fans travelling to games are all attracted to the bar.

Description

The new operator will need to make this pub the go to sports experience with excellent online marketing and customer service. To compliment the sports offer a regular entertainment programme can be introduced, drawing in crowds and giving customers a reason to stay longer. Middleton's can be further developed without losing the football crowd heart of the bar. There is a need to be attract new customers and these could be young professionals, students, millenials and Gen Z’s all currently strangers to Middleton’s in it’s current under invested form. A basic food offer of paninis, toasties and pizzas/pies could be developed and served from the bar. The new operator will need to be experienced in sports focused hospitality offers, with a drinks background and an understanding of events management, ideally with good knowledge of Scottish football, maximising the proximity of the bar to Hibernian's Football stadium Easter Road. Key facts • Annual rent: £15,000 • Upfront cost: £12,875 • Forecasted operator turnover: £296,083 • Forecasted operator profit (inc machine): £29,440 • Forecasted operator machine profit: £5,000 • Type of tie: Partial tie: Tied All Beer, All Cider & Minerals • Machine product agreement: Unrestricted (100% to licensee) Entry costs Entry cost is approximately £11500 which includes estimated stock, deposit and working capital. Fixtures and Fitting will be rented with weekly payments made. Any additional costs will be confirmed in your schedule 1 information. Trading space There are two main entrance doorways to this prominent corner site. Both lead into one long trading space with clear access to a traditional bar opposite a large light filled windows. There is also a small snug to the rear. In addition there are toilet facilities, a small office and kitchen prep area (unfortunately there is no ventilation and isnot food compliant). Private accommodation There is no accommodation on site

Upfront cost

£12,875
Cost type: Upfront

Key facts

Upfront cost
£12,875
Turnover (annual)
£296,083
Rent
£15,000 (annual)

Location

Edinburgh, Midlothian
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

Enquire

Message the seller. We’ll forward your details so they can reply directly.
By sending, you agree we may forward your message and contact details to the seller for this listing only.