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Sold Cocktail Bar Business
Description
Bar de Cru is a new mobile cocktail bar business started in 2013 which has been lovingly created from a 1981 Citroen H Van. We offer our services for a range of events including weddings, birthdays and corporate functions.Our story began at the start of summer 2012 when purchased the van which had been transported from the South of France in a state of disrepair. We instantly fell in love with its charm and authentic looks. We understood that we would be undertaking a huge project to convert and restore this classic vehicle; however we were drawn to the size and great looks of this iconic French classic and stood out to be the perfect vehicle for the job.
Citroen produced almost 500,000 H Vans in a range of models over a 34-year period. Our particular model is quite rare as it is a short-wheeled base van with an original extended top. We believe ours is one of the finest examples in existence due to the sheer love, labour and attention to detail involved in its transformation. The value of these vans alone are increasing steadily every year. The van itself makes a solid investment to any owner.
We position ourselves in the high end market range in order to gain great clients and in turn we get to be a part of some fantastic one off events. We have been trading since April of 2014 but our unique bar has already created quite a stir within the events and wedding industries. We have been featured in the FHM magazine and articles have been written about us in The Oxford Mail and twice in The Oxford Times. We have created a solid social media platform over 6 sites, we also have a high-ranking website and branding package. We have catered for celebrity wedding's and high-end corporate functions such as Renault, BBC, Amazon and Jigsaw.
The van itself is left branding free in order to be versatile to our corporate clients needs. This then leaves the van open to corporate branding to be applied to the side of the vehicle in a dry hire rental situation. If you would like to see some images of the various stages of restoration and our events to date please visit our website www.bardecru.co.uk or our Instagram and social media pages: @bardecru
Total Value of Assets: £50,000
Breakdown of Assets:
Mobile Citroen H Van Bar: £35,000
Brian James C4 Blue trailer & Winch and straps: £5,000
High-ranking website & 6 thriving social media sites: £10,000
Bar equipment, utensils, brochures, useful documents and A.O.B: £500
Our Charge of Hire to Date:
Dry Hire: £1500 per day + £1 per mile travel.
*We will not supply any staff, stock, menus, glassware, gas, or generators with dry hire unless otherwise agreed.
**Dry hire is the van on it's own. Bar utensil hire can be added for £30.
Wet Hire: £500 booking fee + £2000 min spend on bar takings + £1 per mile travel.
*The full Bar de Cru service includes tailored menus, glassware rental, members of staff & generator if required.
Glassware is rented @£1 per head.
Rough drink prices:
– £4.00 pint
– £7.00 cocktail
– £4.50 glass of wine
– £5.50 prosecco
– £3.50 single spirit mixer
– £5.50 double spirit mixer
– £4.00 mocktail
– £2.50 soft drink
– £1.00 water bottle
– £3.00 single shot
– £5.00 double shot
– If the bar is required on site the day before or to be picked up the day after there is a £200 charge per day the van is on site but not in use.
With this in mind if the bar is rented out just once per week throughout the year there is a potential net profit of £90,000+ per year.
News Features in our 1st year:
FHM Feature:
“How to Man-up Your Wedding”
FHM choose to feature us to show unique wedding ideas in the August 2014 edition.
The Oxford Mail:
“Salut! Friends cause a stir with French cocktail van”
Bar de Cru was given a half page spread in the Oxford Mail in August 2014.