Leasehold Public House
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Description Public House in Warwickshire: Leasehold: œ35,000 + SAV. Advent Business Sales are pleased to offer to the market this extremely well established late Victorian local public house for sale, which has had a continuing successful trading pattern. The current vendor has been in ownership for the last 6 1/2 years. The owner is reluctantly selling due to other family business interests. The pub is 98% wet sales with good regular session drinkers as a customer base.
Events are a regular occurrence:
Monday's being a 'jamming session' with a good mixture of music.
Tuesdays are curry and a pint for œ6.00.
Wednesday's quiz night.
Saturday is karaoke night.
On the first Saturday of the month and also once a month, an 8 piece band practice night, which blends into this vibrant scene.
Of course, we must not leave out Bonfire Night, St. George's Day, Burns night and many more including summer time bbq's in the very large and family friendly garden, which is fully walled and secure. The small pub kitchen also provides simple food such as burger and chips, curries and home made foods (stews etc). The pub is Camera recognised for its good ale and is advertised in the Camera magazine as a good drinking venue.
This is a comfortable, warm `British pub' full of character and charm with traditional decor, fixtures and fittings giving an excellent ambience. We are advised that stock at cost is approximately œ3,500. This would be ideally suited to a young go getting couple, who want a good first opportunity, the asking price reflects this.
Financial information:
Annual sales: œ176,000
Gross Profit: 41.5%
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