Buying a Business
Pub, hotel and leisure funding – bringing your dreams to life.
With 25 years Senior Management experience in the brewery and hospitality trade there is not much our Senior Commercial Manager doesn’t know about the Pub and Leisure sector. There is equally no doubt that this sector is suffering greatly in the current economic downturn with many business failures and an increasing number of Leasehold and Freehold properties coming on to the market, many at knock down prices.
However, as the old proverb goes “ it is an ill wind” and we are still helping many clients to realise their dream and enter the Pub and Hotel sector.
Key underwriting requirements:
- Demonstrable experience in the sector.
- Deposit funds available at 30% - 40% of business purchase price
- Stock funding and working capital to be available
- Special arrangements for well established sitting tenants
- Three years trading accounts with proof of affordability
- Pubs need a balanced wet / dry revenue mix
- Solid business plan and cash flow forecast
For a confidential discussion on how we can help you secure your licensed premises please call us today on 0845 838 8579 or submit an enquiry and we will call you back.