Pubs for sale in North Yorkshire

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Y. MacGregor (Nov 2017)
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Leasehold Price: £340,950 Price Reduced Annual Turnover: £300,000 Annual Net Profit: £82,000
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Business Description

Intelligent Business Transfer is excited to be able to offer for sale a hugely successful, newly refitted bar in Pocklington, East Yorkshire. The new and highly fashionable business has a great deal going for it following a £200,000 refit by a well-known professional developer. The most outstanding thing about the company is that its turnover stands at well over £400,000 per annum with weekly takings exceeding £20,000 during the Christmas period.

After the massive investment by the current owner the bar has quickly taken off to become one of the most popular in the area. With careful management and further guidance, it can easily carry on its upward trend, becoming a very big source of income.

This is an ideal opportunity for an owner operator partnership or family to acquire a very successful business that they can run themselves. There is also a lot of potential for one of the more quirky and pro-active chains to get involved and incorporate the business into their platform or launch a new platform.

With low overheads and a massive turnover, the business is all ready to be a success as it is. However, it can easily be grown. It currently opens for only a few hours per week. Extending these will bring in a great deal more money, besides which the business’s takings will grow as it establishes itself in the area.
Tenure: Leasehold

Listed by: Intelligent Business Transfer

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