An exceptional opportunity has emerged to acquire a thriving, fully fitted, and beautifully refurbished pub located in the heart of Wrexham city centre. The pub, previously operating as part of a well-known national chain, underwent a meticulous transformation by the current owners, with a substantial investment of £250,000 in late 2023. Since its reopening in December 2023, this establishment has quickly established itself as one of Wrexham’s premier hospitality venues.
Financial Highlights
This high-performing establishment boasts an impressive annual turnover of £1.3 million for the year ending 2024. After accounting for exceptional costs, the net profit stands at approximately £253,000. The business primarily generates revenue through wet sales, which account for about 80% of total revenue with a healthy gross margin of 60%. Food sales contribute 20% of revenue with a gross margin of 40%. Additionally, machine revenue averages around £2,500 per week.
Lease and Terms
The asking price for this turnkey business is £60,000, which includes a lease assignment with seven years remaining at a monthly rent of £2,500. This represents a rare chance to step into a well-established, profitable venue with an extensive customer base.
Facilities and Equipment
The sale includes all fixtures, fittings, and systems necessary for operation, such as a £30,000 advanced AV system, a Python/smart beer dispense system, a kitchen fit-out worth over £50,000, and a full inventory of furniture, fixtures, and equipment (FF&E) along with a POS system.
Location and Growth Potential
Situated on one of the busiest streets in Wrexham city centre, the pub is surrounded by national retailers, banks, and transport links, ensuring high visibility and foot traffic. The location presents significant growth potential through:
Extended food offerings
Late-night trading opportunities
Increased machine revenue
Private hire and event options
Acquisition Details
The transaction includes a lease assignment, a £7,500 lease deposit, goodwill, all fixtures, fittings, and systems, as well as assignable contracts for utilities, rates, EPOS, and supplier accounts. The seller provides a full handover and operational training to ensure a smooth transition for the new owners.
Opportunities for Buyers
This is an ideal investment for operators, investors, pub companies, or multi-site hospitality buyers looking to capitalize on a well-established, high-turnover public house.
Contact Information
For more detailed financial information, brochures, and viewing arrangements, please get in touch today.
