Leading Bar Establishment
2 weeks ago
This is an excellent chance for a skilled and ambitious individual to become the manager of an Empire Bar in Burnbank, Hamilton. With a diverse community of approximately 3,229 adults, there is immense potential for business growth and development.
The pub features a range of appealing aspects, including a foundation tenancy with a three-year fixed term, live entertainment, live music, and pub games machines. Our beverage selection includes a variety of popular beers, ciders, wines, and spirits.
To succeed in this role, we seek an individual with the following qualities and skills:
- Strong knowledge of the local community and market trends
- Ability to develop and implement effective business strategies
- Outstanding leadership and customer service skills
The pub's facilities consist of a trading area with one main bar operation, a horseshoe-style bar, and over 30+ covers. Additional amenities include a music venue and pub games.
Financial details for this opportunity are as follows:
- Estimated Total Ingoing Costs: £15,369
- Estimated Minimum Ingoing Costs: £8,790
- Annual Rent: £15,477
- Estimated Annual Turnover: £231,816
- Deposit: £3,869
- Estimated Fixtures & Fittings Value: £4,000
- Estimated Stock Valuation: £4,000
- Estimated Working Capital: £3,500
The estimated annual salary for this role is around £45,000-£60,000, depending on experience.
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