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Public House In Scotland
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $300000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory $25,000 not in asking price.
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Can be obtained locally.
Reason for Sale Job offer and need to relocate.
Description The Swan Inn is a locals led public house, located in South West Scotland in the busy ferry port town of Stranraer. based purely on wet sales, at the moment with massive potential.
The public house has a large number of regular customers and regularly organised activities, including 3 domino teams, a darts team and a pool team. These organised teams are also supplemented by regular events in the public house from the Stranraer Branch of the British Legion to a Folk Club that operates every Wednesday Night, and live entertainment on a Saturday Night.
The property consists of a public bar (50) with a pool table and two big screens, a spacious Lounge Bar (94) with an 8 foot screen and stage area, 2 letting en-suite bedrooms. A Four bed roomed spacious owner accommodation, in walk-in condition. The owner house is completely separate from the public house, with separate rear entrance and superb views over the public park opposite. Also included in the sale is a large piece of land, currently utilised as a beer garden and car park, but with scope to build 5 chalets or two houses. The turnover of the business is in the region of œ165,000 and is increasing. The profits are low as the current owners have attempted to renovate the business bit by bit. Given the size of owners accommodation, the beautiful location (there are 8 World Class golf courses nearby) and there is a public beach and park on your doorstep, this would be an ideal purchase for a family, or first purchase.
The Asking price is offers over œ285,000, based on an actual market value of œ300,000. I would accept instantly anything over œ290,000. If you would like to know anything else you would like to know, please do not hesitate to contact me on any of the following mediums; Email or call Tel: +44 1776702973 for more information on this Public House for sale. If phoning please ask for Nick or Lisa, we are reluctant sellers but have been offered a job in the family business and need to relocate.
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