15 Century Licensed Restaurant in Gloucestershire
Sought after main road trading position, NORTH GLOUCESTERSHIRE TOWN, edge of the Cotswolds. WE ARE INFORMED by the owner when trading the turnover was in the region of £1,000 p.w. with a Gross profit of 65% approx.
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Buy a Public House - Taverns words of wisdom
Taverns has always had a strong following in the 18 – 24 year demographic, however following the smoking ban and the ever increasing popularity of celebrity chef culture the gastro pub offers an experience appealing across society encompassing family groups and senior citizens alike.
The key to having a successful taverns is identifying your client base and directly marketing to it. The most dynamic licensee’s achieve significant awareness across a broad spectrum of customers through experienced based initiatives such as hosting quizzes, tournaments, specialty food nights, karaoke, ladies nights, etc., – all have merit and with a combination of marketing and good quality customer service will be rewarded with customer loyalty.
In order to maximise taverns revenue the successfully licensee keeps business expenses to a minimum. Business expenses are more than merely the shrewd purchasing of stock and stock control. Premises costs need to be monitored and reviewed, most overheads are variable, so, to maximise net profit ensure staffing levels and therefore the wage bill is optimal.
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