Buying a pub?
Buying a pub in the UK?
i want to buy a pub but i have no GCSE no nothing i have never owned/managed a pub before just worked as a barmaid! what would i have to do/get to own a pub???
Written by on October 15th, 2009 with
4 comments.
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#1. October 15th, 2009, at 7:01 AM.
2. Don't 'BUY' a pub – because you'll be buying the freehold of the building as well and it's very expensive.
'LEASE' a pub, this can be done very cheaply/
3. Check out this website http://www.fleurets.com they sell/lease pubs.
4. Go for a pub with a good food trade as well, if you go for a 'wet' only pub (most of the sales come from drinks) then you will struggle to attract new customer and your margins will be lower.
Edit.
GOOD pubs aren't closing daily.
As a long time pub goer myself, I have seen dozens of pubs almost go to the wall because they were managed by miserable sods who has no idea what a pub is all about, and then a new energetic landlord comes in with some good ideas, decorates the place, starts doing good food, introduces quiz nights, introduces Karaoke, gets live singers in, gets sky in for the football and before long, you've got a packed pub most nights of the week.
Get to know your regulars, find out their names, treat them like royalty, remember the beer they drink and you won't go wrong.