Business Summary:
LOCATION
The public house is ideally located on a busy through road of an affluent town in the heart of the Cotswolds. The pub and many of the surrounding properties are constructed from the very attractive Cotswolds stone.
The business benefits from having its own having its own parking approximately 20 cars; free of street parking is also available in the surrounding side streets.
The pub is situated on the A419 which is a feeder road to the M5 motorway at junction 13. Nearby towns include Stroud and Cirencester.
THE BUSINESS:
Advent Business Sales are delighted to offer for sale this extremely well established public house with excellent future potential.
The pub was founded over 100 years ago and the current vendors have been in ownership for over 3 ago are only now reluctantly offering it to the market for family reasons.
The pub which is free of all ties has an excellent gross profit of circa 58% which is growing steadily, as the business is becoming more focused food sales.
Trade is drawn predominately from the local residential area and from nearby businesses during the day time, who are attracted by the real ales. Turnover can increase dramatically during the summer months with the advent of the tourist season.
The pub has a fully fitted commercial kitchen, its equipment includes:
• 6 ring gas burner with oven under
• Double deep fat fryer
• Coffee machine
• Grill
• Coffee grinder
• 1 industrial and 1 domestic microwave
• Upright freezer
• 2 under counter fridges and 1 freezer
• Stainless steel work unit
• Splash backs and extraction
We are advised that stock at cost is approximately £3,000.
REF: 9151GL
STAFF DETAILS
The business is run by our vendors full time with the assistance of 3 part time staff, who work for a total of approximately 20 hours per week.
TRADING HOURS:
Mon-Sun: 12 – 11pm
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:
Annual sales: £187,414
Gross Profit: £102,402
Adj Net Profit: £33,576
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES:
Ground Floor
• Into the pub direct from the pavement
• Carvery display and bar facing, 28 cover restaurant to the left, rear male and female w/c’s
• Large attractive open fireplace, dining area is fully carpeted, at the rear are double patio doors
• Rear of carvery display is commercial kitchen
• On right of entry, is the snug with darts throw area, 2 games machines, large plasma tv, pool table (being removed) seating for approx 20, oak floor
• Side kitchen prep area with side exit
First Floor
• Private accommodation includes: 3 bedrooms (2 doubles), 2 bathrooms, lounge and kitchen
External
• Covered smokers area with seating for approx 12
• Large tarmac standing with 8 garden benches
• Own rear car park with approx 20 spaces
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