Business
Please quote reference B06581
CoGoGo is delighted to present to the market Split Drinks, a truly unique mobile event bar opportunity established by our clients in 2018.
The exciting business opportunity is now being sold due to our client’s other business venture which is located closer to their family home. They admit they only take on the work they can fit into their busy diaries and that any new owner will have the ability to easily double the current turnover/profit levels.
Split Drinks is the ultimate ‘retro bar’ that can be used at many different types of events and has very quickly established a tremendous following on Facebook, Instagram and Tik Tok.
Our clients started out wanting to own a mobile drinks business with a difference and decided to import an authentic VW camper van to the UK. The original 1966 Split screen model has been completely transformed by specialist converters who have created the unique interior and exterior you see in the attached photographs.
The complete refurbishment cost in the region of £90,000 and included a brand new engine.
The sale of the business includes –
Split Drinks offers the perfect backdrop to any event and always attracts a constant flow of guests intrigued by its retro appearance and drinks menu. The lighting is interchangeable which allows the mood to be suited to the event it attends.
The van can be stocked to suit any event, from refreshing Pimm’s for outdoor summer events to winter warming mulled wine for the chilly Christmas parties. They offer an excellent selection of spirits (including a large choice of flavoured gins), champagne and prosecco, wines, cider and craft beers, cocktails as well a choice of hot drinks.
Each event is ordered well in advance and allows our clients to discuss with organisers the most appropriate bar menu to suit their event or party.
We are advised that throughout 2019, they attended over 50 individual events/parties! The calendar for 2022 already has 30 booked in events which should easily generate a turnover of around £90,000.
Key selling points –
CoGoGo identifies that many physical events, parties and weddings have been cancelled due to the Covid pandemic and that 2022 will be a staggering year for all businesses related to both inside and outside events organisation.
** Please note the value placed on Split Smiths is purely based on the combined asset value transfer only.
Location
Split Drinks is currently run from our clients home office in Warwickshire.
The nature of the business model allows the bar to be driven and used at any event across the country, whether that be a private event in York, corporate event at Gatwick or food event at London Olympia.
Split Drinks is being sold as a 100% transferable business opportunity.
Premises
N/A
Tenure
We are advised that the business is being sold on a Business Only basis.
Hours
We are advised that the business trades 24/7, and can be booked anytime throughout the year.
Staff
We are advised that the business is run and managed by both of our clients.
Financial Profile
This business generated a turnover of £125,000. Full financials can be made available upon further request.
Please quote reference B06581
£79,999
Bars, Business, Other Entertainment & Leisure Businesses, Pubs
Bars, Other Entertainment & Leisure Businesses
£125,694
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