business for sale

Business for sale

can be found easily from thousands of

businesses for sale

.

Find business opportunity

,

search business franchise

, and

look for business

brokers.
Free Listing
 
Business for sale
Buy a franchise
Sell your business
Business Wanted
My account
FAQs
Welcome Guest | Sign In | Forgot Password?
8853SG HERTFORDSHIRE L\H£89,950 PUBLIC HOUSE

Asking Price: GBP 89950
Contact Seller Now Add to favourite    |    Email to friend
Business Location: United Kingdom » Hertfordshire » HERTFORDSHIRE 
Category: Leisure » Bars & Nightclubs
Description:
LOCATION
This attractive and highly visible public house occupies a large plot in a prominent location in
Stevenage, Hertfordshire. The area is predominately residential but the pub benefits hugely from
being close to the football stadium.
The business has excellent parking facilities with a large customer car park with a capacity for
approximately 20 vehicles and off road parking nearby.
Nearby towns include Letchworth, Luton, Hertford and Welwyn Garden City.
Access to the area is from the A1(M) off the M25.
THE BUSINESS
Advent Business Sales is pleased to have
been instructed to offer to the open market
this long standing and very popular public
house.
Established over 45 years ago, the pub has
been in the hands of the current vendor for
over 6 years and is only now being
reluctantly offered for sale due to her
retirement plans.
Currently staffed by the vendor plus 1 full
time and 2 part time employees,, the public
house currently operates a 100% wet sales
trade, although there is a commercial kitchen
on the ground floor.
On football match days more staff are
required to cope with the very large number
of customers.
The pub, which is only tied on bottled and
keg beers, has been voted local Camra pub of
the year for 3 years in a row, which is an
excellent testament to the quality of the real
ales offered.
Although the pub does not have a dry trade,
its kitchen is quite easily capable of
achieving a good offering. It has 3
microwaves, a 4 ring electric cooker with
oven under, tall fridge, tall freezer, 6 ring
gas cooker with oven under and extractor
over, small upright freezer, 2 fryers and a
range of stainless work units.
Four darts teams support the pub and it also
has a pool table.
Net income from the juke box, pool table and
bandits was £18,004 in the last financial
year.
We are advised that stock at cost is
approximately £6,500.
This attractive and well decorated premise
also benefits from good sized family living
accommodation including 2 double bedrooms,
kitchen/office, large lounge, bathroom with
shower over, separate w/c.
REF: 8853SG
 
« previous    next »
Financial Information:  
Annual gross sales: (GBP) 253794
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 2002
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 1FT\2PT
No of trading hours: Mon – Sat: 12noon – 11.30pm Sun: 12noon – 3pm & 8pm 11pm
Reasons for selling:
 now being reluctantly offered for sale due to her retirement plans.
Market competition and expansion:
 Whilst already a successful business, this public house offers excellent potential for growth including: 1. Offering food sales and bbq’s, especially on football days/nights 2. Allowing children into the pub in the evenings, as non are allowed at present 3. A working couple who took over the pub would save considerably on wage costs
Contact Seller Now Add to favourite    |    Email to friend
 
Search
Featured businesses
for sale
 
  Terms & Conditions   Buy a Franchise
  Privacy Policy
   Unlimited Business Listing
  Site Map   Contact Us
  FAQs  
2Checkout.com, Inc. is an authorized retailer of sale-business.com  Pay with paypal  Valid XHTML 1.0 Transitional
© 2007 Sale-Business.com