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Fri, Sep 20 2019 07:08:56 AM  |  /

Layzell`s Clubs Limited Freehold, Refurbished Licensed Bar, Nightclub and Entertainment

Business Id:000311     |    Reference: CO142
Freehold Price:
£850,000.00
Business Description

Layzell's Clubs Limited
Freehold, Refurbished Licensed Bar, Nightclub and Entertainment Venue
Offered for sale
Ref No: CO142:
Location: Minster On Sea , Isle of Sheppey,Kent
Asking price: £850,000

 

Since taking over the business several years ago, the current owner has invested £500,000 to ensure that the venue is able to retain its reputation throughout the local community and beyond.

The club opens until 2 am on Fridays and Saturdays and it is these weekend evenings where the establishment comes into its own.

The venue can cater for approximately 200 people in the function suites and another 200 in the main club/bar area. The business has a separate pool/snooker room that is used by the club’s own pool team. Other social and sports clubs have and still are using the venue as a base or meeting point.

The freehold property has under gone an extensive refurbishment and is constantly maintained to an excellent order.

Equipment:

Customer Service:

The business manages several thousand customers during a normal month and has the systems, infrastructure and people in place to ensure that customers are always satisfied. High quality service, excellent value for money and a welcoming atmosphere are paramount to the success on which the bar and club were built upon. The results of this are self evident in the businesses sustained levels of repeat customers.

The business benefits from its excellent reputation for offering very affordable venue hire. Weddings, birthdays, anniversaries and wakes bring in revenue several times a week.

Growth and Expansion:

The business does have a kitchen, but at present does not offer food for sale. With the growing trend for gastro pubs, adding food to the club’s list of services provides an obvious route for the business.

Special theme nights for example for singles would also add to existing levels of trade.

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Advertising and Marketing:

Premises:

Business Hours:

Friday: 5 pm - 2 am

Sunday: 12 noon – 12 pm

The business has an alarm system and CCTV.

The business employs only minimal staff at the beginning of the week. This figure rises to as many as thirteen on a Saturday evening.

All necessary training and a full handover are available to ensure continuity of trading.

The current owner has is looking to take retirement.

 

Business Information
Turnover:£200,000.00 Annually
Profit:£36,000.00 Annually
Property Status:   Freehold
Is this business relocatable: No
Business Sector: Other Entertainment & Leisure businesses, Bars, Nightclubs
Statistic Information
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