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Business For Sale

F\H Food Led Public House- Worcestershire

Worcestershire, United Kingdom, GB

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$695,000
$290,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2005
Not Disclosed
233724767

Business for Sale Overview:

Advent Business Sales is delighted to have been instructed to offer to the market this extremely well established Freehold Public House, which is positioned on a good sized plot of land. The Pub was established in approximately 1915 and has been in the hands of the current vendor for approximately 2.5 years. It is only now reluctantly offered for sale due to the vendor’s retirement plans. The business is predominately food led with the current split approximately 80/20 dry/wet sales. There is an excellent commercial kitchen, which briefly consists of:  6 burner hob;  overhead grill;  2 deep fat fryers;  4 industrial microwaves;  turbo fan oven;  2 stainless steel 6’ freezers;  walk in freezers;  walk in cold store;  stainless steel prep fridge;  small freezer;  large dishwasher and a water softener. There is an average spend of between £25 to £30 per person in the evenings and of £15 to £18 at lunchtimes.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Tenure: Freehold; Tenure: Leasehold; Lease length: 10 years; Review Every: 3 years; Rent: £850 per week; We are advised that the annual business rates are currently: £878 owner’s accommodation and £8,350 business. This Public House is set in the heart of the South Worcestershire countryside and within easy traveling distance of Worcester itself. The Malvern Hills are on the edge of the Vale of Evesham. Cheltenham, which is considered to be the gateway to the Cotswolds, is also within striking distance. The Pub is renowned for its excellent rage of quality home cooked food with seasonal produce being sourced locally. They have an excellent specials board with frequent changes to maintain interest. Their real ales are a specialty with many local types of ale available most of the year.

Market Competition and Expansion:

Expansion Potential: Whilst this excellent freehold public house is already very successful, it still offers very good growth potential. A conservatory could be added which would add approximately twenty covers and the garages could be converted to form an additional two extra letting rooms. Plans are available outlining the proposed extensions.

Reason for Selling:

retirement plans.

Additional Details:

  • The property is owned.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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