17th Century Traditional Freehold Country Pub and Restaurant in Lancashire for Sale
Edgworth, Lancashire
- Status
FOR SALE
- Date Submitted:
16/01/24
- Advert ID
605108
- Reference
165852 / Rightbiz
- Call Agent:
- Leasehold: £10,000
- Turnover: £192,500 (£3,702 Per week)
- Net Profit: On request
Key Features
- Price Reduced
- Price Further Reduced
- Company for Sale
Business Details
TRADITIONAL COUNTRY PUB AND RESTAURANT
Edgworth, Bolton.
Annualised YE24 turnover in excess of £192,500, with an EBITDA of £50,730.
Bed and breakfast rooms under renovation that are anticipated to generate £115 each per night in additional revenue.
The goodwill and assets of business to be included within the sale.
17th-century premises with refurbished kitchen and cellar cooling system.
Provides entertainment including live music, weekly quizzes, and karaoke nights.
Operates from leasehold premises, with long-term contract in place.
Benefits from a strong reputation, with an average rating of 4.5 stars on Google Reviews.
Offered for sale due to personal reasons.
£10,000.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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