Mexican restaurant and tequila bar with "massive scope" in heart of Poulton put on the market
The owner of a Mexican restaurant and its neighbouring bar in the heart of Poulton has put the businesses on the market.
Cincos in Breck Road, Poulton, claims to be ‘Lancashire’s best Mexican’, and is known for its colourful decor and authentic food.
The business - which attracts top reviews on Tripadvisor and Google - is being offered for £65,000 with Kays Peake Properties Ltd, and for another £65,000 you can also take over Rumba next door - a rum and tequila bar.
Cincos has space for 38 covers inside and an additional 40 covers outside. Rumba has a bar area and eight picnic tables and barrel seating outside.
Trading
The owner has said the average weekly takings of the bar are £4,000 - but it is only open on Friday and Saturday nights due to other business commitments. However, the premises is licensed seven days a week, 11am to 1am, “providing massive scope to increase.” Average weekly takings for Cincos is said to be approximately £6,500.
Both businesses have leases on the buildings. Rumba’s is £16,800 per annum, and Cinco’s is £12,700.
The agent has said the businesses and premises could be combined, “which would result in a very large and unique rear outside space.”
They add that both businesses are on the main run of bars and restaurants in Poulton, and “benefit from the vibrant nightlife”.
What the owner said
Simon Liptrott of Boca Bar Group said: “Both Cincos and Rumba have been fantastic venues for us, and we’re really proud of what they’ve become within the local nightlife scene. The decision to list them is simply down to a change in direction for us personally — after many years in the industry, we feel it’s the right time to hand the reins over to someone new who can take the venues into their next chapter.
“There’s definitely a great opportunity here for the right buyer. Both sites have strong existing customer bases, established reputations, and plenty of room for further development. We’ve always believed they have even more potential than we’ve had the time to explore — including the possibility, subject to the necessary permissions, of knocking through and creating one larger, combined venue. It’s exciting to think what a fresh pair of hands might do with that scope.”