Intelligent Business Transfer are pleased to offer to the market this very rare opportunity to acquire one of Great Yarmouth’s most popular Public House and Restaurant.
The business is hugely popular amongst the local and tourism community due to the range of services they offer from a sports bar to a restaurant, plus offering outside seating and a function room. The business has been completely renovated to a high standard and offers a relaxing and modern atmosphere.
Despite having impressive financial figures there are several other ways in which a potential buyer could improve these figures. One way in which this could be done could be to increase the advertising of the business. A potential buyer could use advertising methods to increase the custom for the restaurant and function room. A potential buyer may also choose to increase their prices, to be in line with competitors and increase the annual turnover figures.
The current owners have experience growth on an annual basis since the business was established 5 years ago. The turnover for the business last year was in excess of £325,000 with an impressive net profit figure.
It is with a heavy heart that the current owner is willing to sell the business due to retirement. This would suit an entrepreneur or couple with the drive and energy to manage this profitable business and implement the changes mentioned above.
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