• Fair Maintainable Trade (FMT) turnover – £692,000 per annum
  • Rent – £72,500 per annum / 10.5% net turnover
  • Fantastic town centre location with great roadside presence
  • Large historic site with great growth potential
  • There is no parking at the venue, however the town centre car parks are well positioned to access the Olive Branch

 

Comprising two restaurant areas, complete with theatre kitchen and deli counter, a beautifully designed separate public bar for the casual diner and post work drinker. The back garden is enclosed from the hustle and bustle of town centre life. The front boasts a terraced area which adjoins the pedestrianized high street. A stunning old building which simply oozes character, with a contemporary twist. An ideal Business Partner will have track record in running succesful higher volume turnover sites, with experience of town centre locations and developing a strong food trade alongside the drinks side of the business

We are delighted to present you with an outstanding opportunity to become the Business Partner for a prestigious High Street public house. The Olive Branch benefitted from a major investment in  2010. Comprising two restaurant areas, complete with theatre kitchen and deli counter, a beautifully designed separate public bar for the casual diner and post work drinker. Walk outside to find an oasis of a garden enclosed from the hustle and bustle of town centre life. Walk around the front and find a terraced area which adjoins the pedestrianized high street. A stunning old building which simply oozes character, with a contemporary twist.

Top Line Figures

  • Rent*: £72,500 per annum / 10.5% net turnover
  • Initial Investment: c.£30,000
  • Fair Maintainable Turnover: £692,000 per annum

 

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £780
  • Working Capital: c.£5,000 – £7,000
  • Fixtures & Fittings: Estimated at £40,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings

 

 

Additional Information

  • Estimated Split: wet 68%/ dry 32%
  • Business Rates: £19,848
  • Available From: 07/01/2019

 

 

  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 227
  • 4980
  • 1030
  • 3500
  • Last Year
  • 206
  • 6240
  • 860
  • 4220
  • 2 Years Previous
  • 218
  • 6547
  • 965
  • 4326

Trade
Asset 2

Although The Olive Branch has a 68/32 Wet/Dry split, the segregated conservatory restaurant area and wrap around bar give a great flexible space that allows a strong wet and dry trade simultaneously. Based on the west side of Horsham Town centre, typical trade is diverse, so the pub needs to be capable of catering for a range of demographics.


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.

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