Buying A Pub

Buying a pub is a testing time and time consuming period, we will help by:

Producing profit & loss and cash flow forecasts.
Producing business plans.
Meeting with lenders.

Simple Guide to Accounting in Public Houses

*NEW & IMPROVED*

2005/06

Thinking of buying a pub, worried about the accounts, VAT, HM Revenue & Customs?

Never Fear!

We have a new and improved version of our simple guide to help you on your way.

Full of tips, advice and good management indicators together with a simple guide to all the new regulations the 'Simple Guide to Accounting in Public Houses' is the book for you.

Priced at just £4.99 including postage and packing for a small cost this book could save you a fortune.

Telephone 08707 744 970 with your credit card details to receive your copy by return of post.

Buying a Pub with the help of one of the UKs leading Pub Accountants.

Whether buying a pub or considering buying a pub with a lease you need to do your homework first. Look at the local area, pubs, clubs and hotels. How are they trading, what price are they selling products for? Get talking to local landlords, find out the history of the pub you're going to buy and it's reputation.

When buying a pub obtain recent accounts from the seller and barrelage figures from the brewery. Many prospective licensees forget to ask about rates, these can be up to £1000 per week and can be a reason for not buying a pub.

Produce a business plan – what are you going to do to make the unit work?

When buying a pub you should think about:

· local competition,

· refurbishment,

· promotions and new products etc.

Once you have produced this you should then prepare a profit and loss forecast/cash flow forecast with the help of Roslyn's specialised pub accountants – if we are lucky enough to obtain your business when you move in we prepare profit & loss and cash flow forecasts free of charge!

If you are signing a lease or buying a pub ensure you have a survey completed by a qualified person, in the event of areas of concern becoming known. It doesn't mean that you should avoid buying a pub, just negotiate with the brewery/pub company so that they remedy the faults or reduce the selling price so that you can.

Buying a pub/club/hotel is a time consuming business, you may well need assistance every step of the way. Roslyn's pub accountants will assist you with this giving advice, support, production of information – most of this (subject to certain conditions) is free of charge.

Using specified pub accountants is the first step in ensuring that your venture into buying a pub is a successful one. Pub accountants are able to assist you and give helpful relative advice every step of the way.

Running a pub is a rewarding business, offering good social life, and in a lot of situations a good profit, but you must get the right advice first.

Good Luck!!

For more information about buying a pub please contact us..