Intelligent Business Transfer are excited to bring to the market this superb opportunity to purchase an established public house and restaurant on Demontfort University Campus, in Leicester.
The pub has been trading since 2010 and within this time has experienced financial growth on an annual basis since then. The quirky pub has been renovated to an extremely high standard and has a great reputation amongst the student community. The student population in the area is expected to grow significantly in the next couple of years due to expansion of the university campus and living accommodation in the area.
The business boasts excellent reviews online, as proven by the 5 star TripAdvisor rating, over 4000 like on Facebook and established accounts on Twitter and Instagram.
The turnover for the business is in the region of £312,000, which consist of weekly takings in excess of £6,000.
These financial figures are expected to grow significantly in the next couple of years due to the current developments in the area. A potential buyer could increase these figures beforehand, if they were to increase the advertising of the business using social media sites, to appeal to the large amount of students in the area. The business has not yet tried marketing to rugby and football fans or NHS staff, they have not also tried any offers or discounts on certain days. If a potential buyer was to implement these things then turnover is likely to increase.
It is with a heavy heart that the current vendor is selling the business in order to pursue other business ventures. This business would suit an entrepreneur or a large corporate client looking for a bolt on acquisition with huge potential and impressive financial figures. There is the bonus of the possibility of renegotiating lease length or change of use.
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