INDEPENDENT SUPPORT BEFORE YOU COMMIT
Thinking of Taking On a Pub?
Taking on a pub can be a great opportunity, but it's easy to fall in love with the site before properly testing the business behind it. Before you sign a tenancy, lease or other agreement, you need to understand what the pub realistically needs to take and what it will cost to run.
Asturias Consultants provides independent financial and business support for prospective publicans, helping you examine the opportunity, challenge the assumptions and understand the numbers before you commit.
Turnover can look attractive until you factor in gross profit, staffing, rent, utilities, business rates, repairs, finance costs and the amount you'll need to take from the business yourself.
We help you work backwards from the costs and expected margins to understand the turnover the pub actually needs to achieve. That gives you a much better basis for deciding whether the opportunity is viable and whether the assumptions being presented to you are realistic.
Understand the Agreement, Not Just the Pub
The same pub can look very different financially depending on the agreement behind it. Rent, beer tie, purchasing obligations, repairing responsibilities and other commitments can all affect how much profit is actually left for you.
We help you look at the financial impact of the proposed agreement alongside the trading forecasts, so you can see what the business may realistically produce after its commitments have been paid.
The purchase price or ingoing cost is only part of what you'll need. Opening stock, deposits, initial wages, utilities, licences, insurance and working capital can quickly increase the amount of cash required to get through the first few months.
We'll help you build a realistic picture of the money you'll need before opening and the cash the business should have available while trading settles down.
Taking on a pub should be an informed business decision, not a leap of faith. Having someone independently challenge the figures can help you spot risks, question unrealistic assumptions and understand what the opportunity could genuinely deliver.
If you decide to proceed, we can then help you turn those figures into a detailed pub business plan and financial forecast for the proposed tenancy or lease.
Considering a Pub Opportunity?
Before you sign anything, talk to us. We'll help you look at the opportunity from a financial and commercial point of view, understand the numbers and decide whether the pub genuinely works for you.