City Business Brokers are delighted to welcome to the market this well-established, Free of Tie popular public house and restaurant business located in Staffordshire.
The business was established in 2015 and has been in our clients` careful ownership since. Only now is the business being offered to the market due to our clients` other business commitments. The business operates 5 days per week and generates a turnover in the region of £200,000 plus per annum with good gross profit. The turnover includes VAT and is generated from wet sales.
Our clients` offer a wide range of beers, lagers, wines, spirits and has a great reputation for cocktails.
The business has built up an enviable reputation within the area for the high quality of the beverages.
The premises boast a spacious bar area and a 50+ covers as well as spacious lower ground floor for storage, offices and an under-utilised function room.
A new owner could also launch a small marketing campaign to advertise the business and fayre offered. The business has an excellent website in place to advertise the business and the services offered. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
Trading Hours: Tuesday to Thursday 5pm-10pm, Friday 4pm-10pm & Saturday 2pm-10pm. #New owners could benefit from later opening times in line with other venues plus Monday and Sunday opening.
Number of Employees: 1 full-time and 2 part- timers.
Tenure: Leasehold is currently on a flexible arrangement, however a new lease is available.
Location Details: The Pub occupies a central market square site with offices above. The Grade II premises boast a prominent trading location and benefits from a high volume of passing trade.
To summarise: The business needs to be owner-run to maximise profits.The location is superb overlooking the town square. The potential needs to be realised by opening longer hours i.e. Mornings ((coffee house) and cater for food, sandwiches etc. Finally, this business is surrounded by offices and this opportunity must be exploited further by offering gin, cocktails and wine to the locals post-work.
The vendor is now looking forward to a well-earned semi-retirement after a successful period of ownership. The existing business creates the groundwork and framework on which a new owner could continue to build.
The business is fully set up for continued operation and we believe it would make an attractive proposal for anyone looking to acquire a hospitality business in an established location.
This project and investment is ideal for someone with an energetic approach and experience in the trade and is willing to work long hours.
Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
All information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy.
#Library Image Used.
Central market square location.
Flexible arrangement but new lease available.