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Pros and Cons

message posted 09-May-08 11:01:46
Hi Guys

Just saw this on the job section, what do you think, Pros and Cons Please.

We Need Entrepreneurs!!!!

This is a fantastic opportunity to run your own tenanted business and reap the financial rewards in a safe environment with a minimum risk. You will be running a successful tenanted pub that has had a minimum of 100,000 spent on it.

You will have the support of a fantastic team, including Development Chef, Bar Trainer and Marketing Manager as well as great financial and admin support. As a successful tenant you will be working with a small established and successful company that will help you get your business off the ground with their own brand of personal support.

You will have total responsibility for your own business. The operations are community pubs with a strong wet trade as well as an opportunity to serve fresh wholesome pub food with regular lunch and early evening trade. The pubs pride them selves on being the hub of the community with local sport teams and charity events - some of the pubs also have bedrooms.

This is a live-in position and would suit a couple or an individual operator. You will be required to have 10, 000 to put down as a refundable security deposit that basically gets you the keys! You will also have to provide proof of anything up to 25,000 working capital. The ideal candidate will be someone who is looking to run their own operation and some form of hospitality experience is a benefit.

Berkeley Scott is acting as an Employment Agency in relation to this vacancy

The full ad : D=eV5UVw%3D%3D

message posted 03-Jun-08 10:44:17
Its cheap way to get into being your own boss. BUT with tenanted propertie rember that you dont own the property, you have to pay a huge rent wich in my experience goes up whenever you show a profit. You are also tied into purchasing their product in some cases at a higher price than if you were freehold.

In my experience, wait to go freehold, tennanted operations just screw you.

If this has not put you off, then get all the facts and figures together and go and see an accountant and listen to what he has to say, then go and have lunch in the competitions place and pump the staff for all the info you can get.

If you then feel you can do it then Go for it, we will all support you !
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