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To: andrew2527

Supposedly, the pub is for sale because the owner has realized the business “isn’t for him,” and doesn’t enjoy it. He has owned it for about five years. The kitchen appears to be clean and functional. Overall, the place is very clean, and attracts a nice-looking clientele that includes young children during the day.


66 posted on 03/02/2010 5:02:05 PM PST by Yaelle
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To: Yaelle
the pub is for sale because the owner has realized the business “isn’t for him,” and doesn’t enjoy it...

Whatever the reason, this is a large warning signal to you. This is another failed pub. One of many.

In doing your "due diligence" you will of course examine all aspects and in your mind, have plenty of marketing tips to "turn" the pub around. You fall in love with the 'dream', but the reality is most restaurants still FAIL.

IF you do go ahead, discount the owner's asking price. Not a token mark-down but a significant discount, and simply be prepared to walk away if they won't come down from pie-in-the-sky asking price.

131 posted on 03/03/2010 9:15:46 AM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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