A renowned steak restaurant in a prime location is now available for sale, offering a lucrative opportunity for aspiring restaurateurs or investors. Coalfield’s Steakhouse Bistro & Bar, situated on Main Street in the charming village of Holytown, has garnered a stellar reputation among locals and visitors alike. With an impressive average online review rating of 4.6 stars, this establishment boasts a loyal customer base and consistent ‘all-year-round’ trade.
Kirkstone Property, the sales agents handling the listing, have set the asking price for Coalfield’s at around £175,000. This price reflects not only the restaurant’s prime location but also its status as a fully licensed Class 3 restaurant and bar. Positioned on a bustling main street, the venue enjoys high visibility and foot traffic, making it a desirable investment opportunity for those looking to enter the culinary industry.
Spanning two floors, Coalfield’s is in turnkey condition, ready for new owners to step in and continue its success. In addition to the inviting interior space, the restaurant benefits from private parking—a coveted amenity in any bustling village setting. The current leasehold interest is available, presenting a chance for entrepreneurs to take over a thriving business with proven revenue potential.
Currently generating approximately £9,000 per week in sales, Coalfield’s Steakhouse Bistro & Bar has established itself as a go-to destination for diners seeking quality steaks, burgers, chicken dishes, hot dogs, and indulgent desserts. The diverse menu caters to a wide range of tastes, ensuring that patrons keep coming back for more. The restaurant’s consistent revenue stream is a testament to its popularity and strong customer base.
Opportunity for Growth and Expansion
Beyond its current success, Coalfield’s presents opportunities for growth and expansion under new ownership. With its prime location and established reputation, the restaurant is well-positioned to capitalize on the growing demand for quality dining experiences in the area. By introducing new menu offerings, expanding marketing efforts, and enhancing the overall dining experience, the potential for increased revenue and customer engagement is significant.
Moreover, the availability of the leasehold interest provides flexibility for future business strategies and potential renovations or upgrades to further enhance the restaurant’s appeal. Whether seeking to maintain the current concept or introduce fresh ideas, the foundation laid by Coalfield’s Steakhouse Bistro & Bar sets the stage for a successful venture in the competitive restaurant industry.
Community Engagement and Brand Loyalty
One of the key factors contributing to Coalfield’s success is its strong community engagement and brand loyalty. The restaurant’s reputation for quality food, attentive service, and inviting atmosphere has earned it a dedicated following among locals and visitors alike. By fostering relationships with customers and prioritizing their dining experience, Coalfield’s has built a loyal customer base that continues to drive its success.
Through social media engagement, local partnerships, and community events, the restaurant has established itself as a staple in the Holytown village dining scene. This commitment to building relationships and connecting with customers has not only boosted sales but also created a sense of belonging and loyalty among patrons. New owners can leverage this existing goodwill to further enhance the restaurant’s reputation and attract new customers to the establishment.
In conclusion, the sale of Coalfield’s Steakhouse Bistro & Bar represents a rare opportunity to acquire a highly-rated restaurant in a prime location with proven revenue potential. With a strong foundation, loyal customer base, and opportunities for growth, this establishment offers a solid investment opportunity for individuals looking to enter the culinary industry or expand their existing portfolio. By capitalizing on the restaurant’s strengths and implementing strategic initiatives, new owners can build on its success and drive continued growth in the vibrant dining market of Holytown.