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English Pub/ Restaurant In Le Lude For Sale

Le Lude, Sarthe, France
Asking Price:
€175,000 Furniture / Fixtures included
Sales Revenue:
€100K - €250K
Cash Flow:
Not applicable

A fantastic opportunity to relocate to France this year to escape the uncertainty of Brexit and buy a home and ready made turnkey business generating an income from day one with this exceptional English Pub/Restaurant. It is situated 30 minutes south of Le Mans in a small Chateau Town with all year round loyal clientele made up of a good mix of both French and English.

The area has a large Expat community and many Brits have secondary homes here. In the Summer Months the town sees a large increase in trade due to people choosing to holiday in and around the Loire Valley.

The business is enjoying great success and within a short space of time has achieved a number one position on Tripadvisor, which it has maintained since and receives a certificate of excellence yearly. We also have a high Google rating.

The town is very proactive and hosts many events during the year which help to bring in large numbers of visitors to the town.

Due to our proximity to the Le Mans 24 hour circuit, we have become a draw for visitors to the track and host Barbecue's and Hog roasts for car clubs and other organisations.

We also cater/host birthday and anniversary parties by way of buffet and throughout the Summer months have regular music nights hosting live bands which prove very popular.

The business operate on a 5 day week and we take 4 weeks holiday a year. It is currently run by the two owners and one member of staff

The property comes complete with a two bedroom apartment, the loft is ideal for development should the new owner wish to perhaps offer accommodation or maybe add a Studio Apartment

The business has been operating for 3 years and the accounts show an increase in profits year on year.
Included in the sale price is the Building, Fixtures & Fittings , Alcohol Licence (Cat IV) and the Goodwill,
This really is an opportunity not to be missed, as a successful turnkey businesses in a lovely part of France doesn't come to the market every day.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

2 bedroom flat

Location:

Location is in a town on a main through road

Premises Details:

The building is 100 years old and is made of Tufo stone

Planning Consent:

Licence cat IV included in the sale

Business Operation

Expansion Potential:

Expansion would be possible above the pub

Competition / Market:

There are other restaurants situated within the town but we are very high on Tripadvisor and have the highest Google rating, because we offer a different type of cuisine we do not have any competition

Reasons for selling:

To return to UK

Trading hours:

Wednesday - Sunday lunchtime and evenings

Employees:
1
Years established:
3

Other Information

Support & training:

It would depend on what is needed

Furniture / Fixtures value:
€30,000 - included in the asking price

Contact Information

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