6 days ago
'Distinguished' and 'traditional' Glasgow Irish pub for sale
The mystery boozer, which is located in the G1 postcode area, is being marketed by Starling Corporate Limited.
In the listing, the agents haven't disclosed what Irish bar it is or where it is located; however, they have encouraged anyone interested to contact them or put in an offer.
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According to the listing, the watering hole, which was established in February 2019, has a turnover of between one million and five million pounds, with a net profit of between £250k to £500k.
The agents also claim the pub has a 'loyal following' and a 'diverse' customer base.
The listing for the boozer reads: "This opportunity represents the acquisition of a distinguished traditional Irish pub established in February 2019 in Glasgow's prestigious G1 postcode.
"Operating from leasehold premises with a total capacity of 216 patrons (including a 30-seat terrace), the business has cultivated a loyal following through its authentic atmosphere, broadcast of live sporting events, weekend live music performances, and renowned quality of its Guinness service.
"Having achieved a peak turnover of £1,099,688 in 2022, the business currently sustains annual revenues of approximately £950,000, generating a robust operating profit between £200,000 and £220,000.
"Significant untapped potential also exists through the reactivation of its disused kitchen and extension of trading days.
"The customer base is diverse, attracting patrons across a broad age range, though the core repeat clientele typically falls within the 30 - 60 age demographic.
"These customers are drawn by the venue's authentic Irish pub atmosphere, its focus on high-quality beverages (particularly Guinness and lager selections), and the entertainment offerings of live sport and music.
"The Business consciously maintains its identity as a welcoming traditional Irish bar rather than solely a sports bar, fostering inclusivity and broadening its appeal.
"This business presents a compelling investment proposition for growth-oriented buyers seeking an established hospitality venue in a premier city-centre location."
