Award winning Gastro Pub operator with 7 units in desirable locations in the South East of England (“The Company”)

Description

Business Opportunity:

An opportunity exists to purchase the business and assets of a UK based operator of 7 Gastro Public House located in desirable location in the South East of England

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuations Limited as appointed agent on behalf of the vendor.

 

Business Overview:

  • Well established operator of popular local gastro pubs.
  • Leasehold premises including full trading inventory of fixtures and fittings.
  • Award winning operations with excellent reputation.
  • Loyal customer base.

 

Assets Available for Sale:

  • 7 leasehold public houses.
  • 3 units currently trading; 4 temporally suspended trading due to Covid-19 restrictions.
  • Owned tenants’ inventory of fixtures and fittings.
  • Wet stock (at valuation).
  • Excellent branding and IPR.
  • Active social media presence.
  • Goodwill & IPR.

 

Historic Financial Information:

Full Year to 30/9/17:

  • Turnover: £8,264,670
  • Gross Profit (after staff costs): £2,316,578
  • Operating Profit/(Loss): £139,272

Full Year to 30/9/18:

  • Turnover: £7,904,619
  • Gross Profit (after staff costs): £2,310,839
  • Operating Profit/(Loss): (£440,636)

Full Year to 30/9/19:

  • Turnover: £8,004,582
  • Gross Profit (after staff costs): £2,407,699
  • Operating Profit/(Loss): (£181,214)

 

Location:

South East, England.

 

Deadline for Offers:

Any party interested in this opportunity is encouraged to promptly contact Middleton Barton, and to sign and return a Non-Disclosure Agreement (issued on request). Deadline for offers at 12 noon on 17th September 2020.

 

Further Information:

Please contact the Manchester office on 0161 4172727.

 

Sector

Hospitaility

Turnover

£8m

Category

Business For Sale

Location

South East, England
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