Asking price: £500k < 1m

Sales revenue: £118,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Take on a thriving business, with an enviable reputation,with one of the finest locations in Milford Haven, over-looking the 4th busiest harbour in the UK and demonstrate to a couple of pensioners, how it should really be done.
Or live in this lovely, relaxing old property and demonstrate that you already have done it.

Years established: 31 years.

Employees: 3

Trading hours: 6' til 10 daily

Home based: This business can be run from home.

Property: Freehold

Living accomodation
The managers,quiet, area comprises a large double bedroom, a sitting room and a large bathroom, incorporating a multi-jet sit-down shower with inbuilt lights,radio and telephone(dis-connected)

Location
Belhaven is a prime high street location, adjoining all the major banks, and overlooking the Marina and the beautiful Waterway.

Expansion potential
The turnover could be increased by accepting business, particularly at a weekend, that we reject, just to get a break. A further upgrade of furniture and furnishings would support higher tariffs. Living elsewhere and hiring a night porter, would enable the Managers accommodation to contribute to turnover by £15,000 or more. Obtaining a full license could enable the bar/dining room area to be run as a classy wine bar without the cost of kitchens and caterers. To open the restaurant to the public again, could easily step up the turnover by £50,000.pa.

Competition / Market
There is only one major( and bigger) competitor. It is essential to keep uprating food, service, furnishings and amenities to shave off their advantage. The biggest threat would be a drastic reduction to the petrochemical/shipping industries. But we are convinced that now that Pembrokeshire has been recognised as the "new Cornwall", that possible scenario would require ONLY a change of emphasis to attract more watersports/leisure customers, year round.

Support & training
Useful Written Standard practices for staff are included in the sale, plus similar instructions/procedures dealing with Fire Precautions and Food Hygiene, Health & Safety.

Reasons for selling
31 years.

Related website: www.westwaleshotel.co.uk

Related documents

		An Introduction

		Former Guests

		Tariff

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