• Fair Maintainable Trade* (FMT) Net Turnover: £450k per annum
  • Rent: £39k per annum
  • Initial Investment: c.£25k
  • Wet/Dry split: 39%/61%
  • Recently renovated with substantial domestic accommodation
  • Fantastic reputation as a food destination pub
  • Thriving business in a great location

The Boars Head has built a fantastic reputation in recent years as a ‘go to’ foodie destination for guests of all ages, with the quality and consistency of the offer causing guests from the Horsham area to visit time and time again. The pub was recently renovated to a high standard and is in great condition throughout. The interior features a dining room and bar area which seamlessly mingle, whilst outside there is a glorious covered veranda with terrace seating, overlooking rolling fields. Add an excellent sized car park, and the end result is a business which is simply charming, and which most importantly, has proved it can turn over £500k.

 

Ideal applicants would be chefs and restaurateurs, existing managers or tenants, or entrepreneurs.  This pub would be very well suited to a couple with strong operational experience in food led pubs.

The management accommodation benefits from a three bedroom flat, complete with living room and kitchen. This has been redecorated to welcome the prospective new Business Partner. The upstairs also benefits from an additional four bedrooms, with a bathroom and office.

Top Line Figures

  • Rent: £39,000 per annum
  • Initial Investment: c.£25,000
  • Fair Maintainable Trade* (FMT) Turnover: £450,000 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,000 plus VAT
  • Working Capital: £7,500
  • Fixtures & Fittings: c.£25,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 39%/61%
  • Business Rates: £14,877
  • Available From: 17/07/2020
  • Closing Date: 30/06/2020
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 79
  • 2450
  • 60
  • 1440
  • Last Year
  • 92
  • 2930
  • 70
  • 1850
  • 2 Years Previous
  • 88
  • 2620
  • 70
  • 1710

Trade
Asset 2

The Boars Head is a thriving business with fully booked lunchtimes throughout the trading week. The pub currently attracts more mature guests, who enjoy the great quality and value, as well as the variety, of the food offer.


Misrepresentation

* Fair Maintainable Trade (FMT) is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process. Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business – we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

† The Full Investment Breakdown for each public house is higher than the minimum investment we will accept because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies. The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees – please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

Asset 2

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