Recent content by Russell2010

  1. R

    Pub Accounts

    By way of background 1 the prospective buyers are very young for landlords... under 30 2 they are likely to get lots of free family help in getting it onto a good footing before having to employee outside staff, including providing cover for hols etc Historically before downturn caused by...
  2. R

    Pub Accounts

    PS I should perhaps add that this is planned to be a 2 person operation with little or no use of casual staff Also external finance will be limited to around 25% to 30% LTV, so I am allowing £7K max for finance costs (at present rates)
  3. R

    Pub Accounts

    Thanks David for your comments This is a pub that historically has achieved 60% GP so I am potentially looking at £100K+ GP Property costs such as heat, light ,power, rates and water are known and finance costs can be calculated. I am also getting an insurance quote What I am trying to do is...
  4. R

    Pub Accounts

    I hope someone can help I am putting together a business plan for a family member who is planning to purchase and run a freehold pub. Turnover likely to be £170K-£200K Gross margin is known historically I would just like to have some idea of the likely level of non property overheads ie how much...
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