Business For Sale Listing 154568
Birmingham Public House
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
PUBLIC HOUSE BIRMINGHAM REF:8745B ASKING PRICE:
LEASEHOLD:£50,000+SAV
THE BUSINESS
We are delighted to have been instructed to offer to the market this extremely popular and profitable wet led public house with excellent potential. The pub has been trading successfully for over 40 years with the current owner at the helm for 3 years and is only now being reluctantly offered for sale due to family ill health.
Although a predominantly wet led business, the pub does offer hot food at lunch times and has a good kitchen which could be
utilised further in the future and includes:
4 ring electric cooker with oven and
grill under
Deep fat fryer
Microwave
Pizza oven
Drawer fridge
Chest freezer
The owners have built an enviable local reputation and have a loyal customer base with a good community spirit prevailing. The pub supports two football teams and the local fishing, golf and pigeon clubs hold weekly meetings there. Poker nights are every Monday and they have DJ’s every Friday and Saturday which are very well supported and ensures a full house every week.
The pub employs the vendor plus 2 full time and 4 part time staff (16 hours per week average) and achieves an excellent turnover
of approximately £8,000 per week net and a gross profit of 47% and carries approximately £5,000 stock. The pub has a Punch lease and is tied on beers, lagers and ciders. The fruit machine income is split 50/50 after the rent cost is deducted.
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