Summary
- Asking price:
-
£500k < 1m
- Sales revenue:
- £118,000
- Net profit:
- < £100k
- Years established:
- 31 years.
- Employees:
- 3
- Home based:
- This business can be run from home.
Business description
Take on a thriving business, with an enviable reputation,with one of the finest locations in Milford Haven, over-looking the 4th busiest harbour in the UK and demonstrate to a couple of pensioners, how it should really be done.
Or live in this lovely, relaxing old property and demonstrate that you already have done it.
Property information
- Property:
- Freehold
- Living accommodation:
- The managers,quiet, area comprises a large double bedroom, a sitting room and a large bathroom,
incorporating a multi-jet sit-down shower with inbuilt lights,radio and telephone(dis-connected)
- Location:
- Belhaven is a prime high street location, adjoining all the major banks, and overlooking the Marina and the beautiful Waterway.
Other information
- Expansion potential:
- The turnover could be increased by accepting business, particularly at a weekend, that we reject, just to get a break.
A further upgrade of furniture and furnishings would support higher tariffs.
Living elsewhere and hiring a night porter, would enable the Managers accommodation to contribute to turnover by £15,000 or more.
Obtaining a full license could enable the bar/dining room area to be run as a classy wine bar without the cost of kitchens and caterers.
To open the restaurant to the public again, could easily step up the turnover by £50,000.pa.
- Competition / Market:
- There is only one major( and bigger) competitor. It is essential to keep uprating food, service, furnishings and amenities to shave off their advantage.
The biggest threat would be a drastic reduction to the petrochemical/shipping industries. But we are convinced that now that Pembrokeshire has been recognised as the "new Cornwall", that possible scenario would require ONLY a change of emphasis to attract more watersports/leisure customers, year round.
- Support & training:
- Useful Written Standard practices for staff are included in the sale, plus similar instructions/procedures dealing with Fire Precautions and Food Hygiene, Health & Safety.
- Reasons for selling:
- 31 years.
- Trading hours:
- 6' til 10 daily
- Website:
-
www.westwaleshotel.co.uk
- Related documents:
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