Silver Cod looking for a new landlord/manager. £2k ingoing required. Good opportunity in the right hands.
Suit retired ironmonger/successful author/HDM whore? The views expressed in my posts are not necessarily mine.
10 years ago, maybe. The only two pubs I ever showed an serious interest in where The Old English Gentleman and St. Johns. They wanted £100k ingoing for the OEG and you literally worked for the Dudley and Woverhampton Brewery, and the St Johns was also a hefty ingoing but nowhere near the OEG, which was by far too much for the size of the trade and B@B side of it was virtually unworkable, or so we thought. Three letting rooms as far as I remember and a shared bathroom, with us, if we lived in. It was a few years ago all of this. Both good strong pubs though and both still trading well today. I had a serious talk about the pub trade with a friend of mine who'd been in it, along with his family for a number of years and ran some big clubs too, and he told me to stear clear. If I have any regrets, not taking the plunge and running a pub is maybe one of them. But that aside, I still think Silver Cod has a future and wish anyone well who takes it on.
These places only stay open as they keep finding people with some romantic notion of running a pub, who waste all their savings/redundancy/pension finding out that it's impossible to make a profit.
It would take a brave man to invest in the pub game nowadays,they're closing at the rate of 50 pubs a month.Large chains,Wetherspoons for example,can undercut our locals by some margin and have become the norm in just about every Town and City you can think of. All well and good for now but once they put an end to our locals,they too will drive up their prices and drinkers will have painted themselves into a corner with no exit...
Nah, Cityzen is more suited to the pub trade. Oh sorry, Al Murray has his particular niche covered. The views expressed in my posts are not necessarily mine.
