_Business_
_Please quote reference B07202_
Hilton Smythe are delighted to welcome to the market Piggy Banks, a highly
rated bar in Bolton, Greater Manchester.
The Piggy Banks has been under our clients ownership since 2017, building up
an excellent reputation and a very loyal client base.
The business has now come to the open market as our client is now looking to
retire.
Piggy Banks is a much loved free of tie community focused bar opportunity
located opposite the main train station in Bolton. The business attracts both
regulars and those catching a train or bus. The bar is sports and games
focused, having their own darts team, pool teams & dominoes team. They also
offer weekly quiz games and free karaoke. Piggy Banks also sponsor the Bolton
players.
Key selling points -
* Busy Free of tie bar opportunity
* Very desirable town centre position facing the main train station
* Surrounded by offices, busy shopping centre & High street
* Very loyal community customer base
* Located within major redevelopment part of Bolton which is looking to increase the number of people both working and living within the town centre
* 100% wet sales
Scope to improve -
* Increase the current food menu
* Increase the social media presence
* Increase live music events
* Open earlier to attract the morning coffee/breakfast market
_Location_
Piggy Banks is located on Newport St, in the town centre of Bolton, Greater
Manchester.
The business has eye catching signage, receiving high levels of footfall and
passing trade.
Business benefits from being located directly facing the main train station
and bus stations. The area is undergoing major redevelopment which is allowing
both higher visibility to the parade of shops and increasing the level of
footfall.
_Premises_
Occupies a single fronted premises on a busy road.
Ground floor -
* Open plan bar - Seating for 50+ people
* Central bar area - includes display fridges, commercial fridges, points of dispense, glass wash, till, 9 x camera CCTV system.
* Male & female toilets (both disabled friendly)
* Cellar space – with 3 x rooms and 2 x storage rooms
External -
* Front terrace area - seating for up to 6 people
_Tenure_
We are advised that the business is being sold on a Freehold basis.
_Hours_
The current trading hours are -
Monday – 11: 00am to 11: 00pm
Tuesday – 11: 00am to 11: 00pm
Wednesday – 11: 00am to 11: 00pm
Thursday – 11: 00am to 11: 00pm
Friday – 11: 00am to 11: 00pm
Saturday – 11: 00am to 11: 00pm
Sunday - 12: 00pm to 22: 30pm
_Staff_
We are advised that the business has 3 members of staff.
_Financial Profile_
We are advised as per the 2021/2022 accounts, the business generated a
turnover in the region of £147, 000. Further financials can be made available
upon request.

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