Thriving Wollaston Establishment

3 weeks ago


Stourbridge, Dudley, United Kingdom Star Pubs Leased & Tenancy Full time
Investment Opportunity in Wollaston

The Star Pubs Leased & Tenancy business is seeking an ambitious entrepreneur to take on the management of The Plough Inn, a prime pub location in Wollaston. As a result of a planned refurbishment, this historic establishment is poised for revitalization, offering investors a promising return on their investment.

The refurbished Plough Inn will feature modern amenities, including a catering kitchen, car park, and extensive garden area, which will not only enhance the customer experience but also provide opportunities for revenue growth. A dedicated team will support the new manager in achieving commercial success.

To be considered for this role, candidates must have experience in managing a retail business, preferably within the hospitality industry. They must also demonstrate an aptitude for staff management, marketing, and customer service. Additionally, a solid understanding of the local market and the ability to develop effective strategies for growth will be key factors in securing this position.

This investment opportunity is expected to generate an estimated annual turnover of £525,477, supported by minimum ingoing costs of £51,954 and an annual rent of £36,850. A deposit of £9,213 and working capital of £3,500 are also required.

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