Category: Pub/Events

Location: Hertfordshire

Business Overview: 

This charming canalside public house, now available for sale, is a well-established and thriving community hub with a reputation for hosting a variety of events and offering an inviting, family-friendly atmosphere. The property features a spacious garden, complete with a playground and bouncy castle (weather permitting), making it ideal for families. It has also been designed to welcome dog owners, with clear policies ensuring all pets remain on a lead.

The business is highly versatile, regularly hosting private functions, charity events, and corporate gatherings. The indoor function room, along with an outdoor marquee option, offers the perfect setting for anything from small private parties to larger-scale events. A full-service kitchen operates daily from 12 PM to 8 PM, Monday through Saturday, and a popular Sunday lunch is served between 12:30 PM and 4 PM. Additionally, the pub provides a takeaway service for pre-booked collections, adding an extra revenue stream.

The pub boasts a robust calendar of community-focused events, attracting regular patrons through themed evenings, such as car clubs, salsa and ukulele classes, and open mic nights. Fridays are known for live music and bands, while outdoor music events and barbecues make the most of the summer months. The venue has a strong relationship with the local Waterways Trust, frequently organizing charity events that bring the community together.

This pub is not only a local favorite for families but also caters to a wide range of special interest groups, from knitting circles and car clubs to motorbike and camping enthusiasts. It is equipped to handle everything from weddings and birthdays to funerals and corporate events. The pub’s extensive offering also includes unique gatherings like dog shows, biker meetups, and motor cross events (riding takes place offsite), ensuring a steady flow of visitors throughout the year.

For a buyer seeking a well-rounded, community-centered business with multiple revenue streams, this canalside public house represents a turnkey opportunity in the hospitality sector, poised for continued growth and success.

Key Financials:

  • Annual Revenue: £400k
  • EBITDA: £60k
  • Inventory: £7k
    Tangible Assets: £7k
    Debtors: £15k
  • Cash in Bank: £7k

Employees: 3 full time    3 part time   2 casual

Reason for Sale: Retirement

Growth Potential: Events, All year-round use of the garden – Music venue

Client Base:  Normal regulars plus a reputation for private parties in the function room and garden marquees (summer only). Large garden attracts families in summer & events brings customers to see whoever is performing etc 

Competitive Advantage: free private car park, along popular canal walk, Huge garden with outside bar & seating. Pay area for kids. 

Facilities: 

  • Location Type: Pub
  • Square Footage: 1438 sq ft of trading area with a 50000 sq ft garden
  • Lease Term: 5.5 years

Transition Support:

  • Up to 12 months if needed

Confidentiality:

Strict confidentiality maintained during the sale process.

NDA Required: Yes

Financing Options: Pre Approved finance available.

Contact Information:

  • Business Broker: Sammie Hicks
  • Broker’s Contact Information:
    07445 154185
    s.hicks@dealmakr.io

Disclaimer:

  • Information is for informational purposes only and subject to confidentiality agreements. All prospective buyers must sign an NDA before receiving detailed information.

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Additional Details

Profit: £60k

Turnover: £400k

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