Well presented 3 bedroom owners’ accommodation
Long established and highly reputed business
Early viewing essential to fully appreciate
Advised annual turnover of £468,000
New estate being built close by
Scope for further development
Genuine reason for sale
Meridian Business Sales are delighted to offer for sale this superb public house/restaurant which was established in 1974 and has been in the careful hands of our client for the last 3 years. Our clients are reluctantly offering the business to the market due to a desire to concentrate on other business commitments. Since our clients took ownership of the business it has been run at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £468,000 with a gross profit margin of 52% which is derived from the provision of a selection of beers, wines and spirits in addition to soft drinks and light bar snacks, they also have a beautifully presented 75-100 cover restaurant offering a delicious and popular hot & cold food menu. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
This excellent public house/restaurant is located in the quaint town of Biddulph in Stoke-on-Trent, Staffordshire. The town is also known as the 'Garden Town of Staffordshire' due to its beautiful open country and moors which are all accessible by road within any point in Biddulph. Throughout the seasons of spring and autumn the town is full with nature. Biddulph also won the Large Towns Gold Award in the Heart of England in Bloom. The town is popular with tourists for the activities from walking, running, cycling, fishing, exploring, horse riding etc. The near by towns include Knypersley, Astbury, Horton, Rudyard and Newchapel which are all in close proximity of the Biddulph. The town is easily reached through the M6 leading to the A54 allowing easy access for tourists and visitors.
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