45 Questions to ask a Pub Company
The market is awash with pubs to let, either under a tenancy or a lease agreement. There is also a growing market for self-employed managers (more on that later) but if you don’t know they take a % of the sales to pay for staffing the pub.
The issue remains in how to sort a good deal from a bad one, if you’ve never been in the trade our list is designed to help you by asking key questions. If you get answers to all of them that is great, you are going to be in a fantastic position to make an informed choice before you sign up.
However the more question unanswered or avoided (typical non-answer “every pub is different” etc) is bad news and you risk making a leap of faith. If you get lots of missed or non answers the alarm bells should be ringing loudly as the biggest pub companies in Britain have been running rent models for decades now, they have extensive data on the costs the sales and the numbers that work so there should be no reason not to have any answers.
45 Questions to ask a Pub Company
- How long has your business been going?
- How long has the rent model you are offering been in operation for?
- How experienced is the team running it?
- What is your financial investment in the…
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