FOR SALE
620278
PU-HEM-009 / Rightbiz
Category: Pub/Events
Location: Hertfordshire
Business Overview:
This charming canalside public house, now available for sale, is a well-established and thriving community hub with a reputation for hosting a variety of events and offering an inviting, family-friendly atmosphere. The property features a spacious garden, complete with a playground and bouncy castle (weather permitting), making it ideal for families. It has also been designed to welcome dog owners, with clear policies ensuring all pets remain on a lead.
The business is highly versatile, regularly hosting private functions, charity events, and corporate gatherings. The indoor function room, along with an outdoor marquee option, offers the perfect setting for anything from small private parties to larger-scale events. A full-service kitchen operates daily from 12 PM to 8 PM, Monday through Saturday, and a popular Sunday lunch is served between 12:30 PM and 4 PM. Additionally, the pub provides a takeaway service for pre-booked collections, adding an extra revenue stream.
The pub boasts a robust calendar of community-focused events, attracting regular patrons through themed evenings, such as car clubs, salsa and ukulele classes, and open mic nights. Fridays are known for live music and bands, while outdoor music events and barbecues make the most of the summer months. The venue has a strong relationship with the local Waterways Trust, frequently organizing charity events that bring the community together.
This pub is not only a local favorite for families but also caters to a wide range of special interest groups, from knitting circles and car clubs to motorbike and camping enthusiasts. It is equipped to handle everything from weddings and birthdays to funerals and corporate events. The pub’s extensive offering also includes unique gatherings like dog shows, biker meetups, and motor cross events (riding takes place offsite), ensuring a steady flow of visitors throughout the year.
For a buyer seeking a well-rounded, community-centered business with multiple revenue streams, this canalside public house represents a turnkey opportunity in the hospitality sector, poised for continued growth and success.
Key Financials:
Annual Revenue: £400k
EBITDA: £60k
Inventory: £7k
Tangible Assets: £7k
Debtors: £15k
Cash in Bank: £7k
Employees: 3 full time 3 part time 2 casual
Reason for Sale: Retirement
Growth Potential: Events, All year-round use of the garden - Music venue
Client Base: Normal regulars plus a reputation for private parties in the function room and garden marquees (summer only). Large garden attracts families in summer & events brings customers to see whoever is performing etc
Competitive Advantage: free private car park, along popular canal walk, Huge garden with outside bar & seating. Pay area for kids.
Facilities:
Location Type: Pub
Square Footage: 1438 sq ft of trading area with a 50000 sq ft garden
Lease Term: 5.5 years
Transition Support:
Up to 12 months if needed
Confidentiality:
Strict confidentiality maintained during the sale process.
NDA Required: Yes
Financing Options: Pre Approved finance available.
Contact Information:
Business Broker: Sammie Hicks
Broker's Contact Information:
07445 154185
[email protected]
Disclaimer:
Information is for informational purposes only and subject to confidentiality agreements. All prospective buyers must sign an NDA before receiving detailed information.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Pub for Sale in Hertfordshire – Established Pub to Buy with Strong Local Presence - PU-HEM-009 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.