Sector |
Turnover |
Location |
|---|---|---|
| Hospitaility | £8m | South East, England |
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.