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Town Centre Pub And Night Venue

Undisclosed Staffordshire
STAFFORDSHIRE PUB AND NIGHT VENUE Town Centre Location diverse income from letting rooms, karaoke, disco, food & dart tournaments W/T: £9,000 GP: 49% Scope to increase foods and profits for working couple L/H: £159,500 +SAV REF: 9911DE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 58543
ADVERT IMPRESSIONS : 15,239 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

LEASEHOLD:

£145,000
 

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BUSINESS DETAILS:

LOCATION:

• Situated in heart of town centre
• 200 town parking car spaces nearby
• Free car parking after 5pm
• Opposite main shopping centres and tax office
• Close to Costa Coffee
• Benefits from high volumes of town centre footfalls

HISTORY

• The vendor has been in ownership for the last nine years
• An extremely well known business dating back to the 1800’s

REASON FOR SALE

• A genuine retirement sale

FINANCIALS

• The vendor has informed us that sales are averaging £9,000 per week, with an average gross profit margin in the region of 49%.

CUSTOMERS

• Mainly from the local area with a high number of regulars

STAFF

• The vendor works on a full time basis together with the assistance of one full time and five part time staff members

PREMISES

• The premises have been maintained to a good standard. They briefly consist of:
• Bar
• Seating area
• Outdoor smoking area
• Fully equipped commercial catering kitchen
• Male and female W/Cs
• Karaoke and disco bar
• First floor owners living area
• W/Cs and small kitchen area
• Several smart letting rooms
• Further letting rooms to the second floor

TRADING HOURS:

• Sun to Thurs: 10am to 1am
• Fri to Sat: 10am to 2am

STRENGTHS

• Growing sales
• Many regulars
• Diversity of income from teams/disco/carvery/letting
• Good standard of dιcor throughout
• Strong darts teams following with both tournaments and male/female dart teams
• Fri/Sat karaoke and disco
• Sunday carvery 12 noon to 4pm
• Wednesday evenings crib night

SCOPE

• A working couple to reduce the salaries overhead
• To develop food trade from breakfasts to lunches and evening meals







DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
   
  FOR SALE
   

REFERENCE:

9911DE / RightBiz
   
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ENQUIRIES:

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