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Pub leases

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Andy008 | 15:18 Fri 24th Mar 2006 | Jobs & Education
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How easy is it to get a pub lease and set up in the pub business being able to pay yourself a salary and a share of the profits?
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judging by what goes on where I live it's pretty easy to get a lease but a lot harder to make a profit! and the pubs that are leased from the breweries don't seem to have same tenants long. That's a rural area though, towns may be easier!
The pub trade has been consistently decreasing over the past few years. Whilst it's not so hard to get yourself in to a pub after liscensing, etc it is a lot harder to not only keep enough trade to pay bils, and huge brewery fees but you can't guarantee yourself a salary of any kind. Not trying to put you off, but you do need to be 110% sure you want to do that and do your homework before you sign anything.
I think you need to look at the reality of this profession. Pubs in general are closing down in their droves. people dont use them anymore. I know of a few guys who had a go and ended up bankrupt. The profit making pubs are very rarely for sale so the only advice I would give you is to do your research first. But you need to ask yourself this question. Why should someone leave their house/flat with all their home comforts to pay inflated prices at the pub!

there is a pub local to me........its a bit of a dive,however, it got took over by a local couple about 2 years ago.......... the brewery gave them reduced rent for a while,but there likeable attitude and bright ideas have turned this dump of a pub into a profit making business!!


also, may i add, he still has a full time job aswell so it is not no1 income??

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