Another Reason to avoid taking a Pub Co Tied Lease or a TAW. The major Pub Co’s have taken a good working system of a Tied Tenancy, that had worked for years, was user friendly and changed it for a Commercial Tied Lease. We’re not saying don’t take a Pub Co Tied Lease, just avoid… Read More »
Pub Buyers and unpleasant facts (Barrel Dregs) Please note, access to this site is totally free if you would like to subscribe (No Charge) on www.buyingapub.com, they are free to be read for your guidance and aimed to help you get through a time of considerable pressure and demand. Barrel-Dregs has been run for many… Read More »
False Pub Accounts (Barrel Dregs), a tale for the unwary business buyer Please note, access to this site is totally free if you would like to subscribe (No Charge) on www.buyingapub.com, they are free to be read for your guidance and aimed to help you get through a time of considerable pressure and demand. Barrel-Dregs has… Read More »
Assigning a Pub/Commercial Lease and the Pitfalls, Part 2 Dilapidations With the advent of the Pub Co’s and tied leases, a new problem entered the industry on a large scale, previously Brewers had short term tenancies with limited responsibilities and the tenant was not responsible for repairs and structural faults, only painting and decorating, the… Read More »
Barrel-Dregs. My sources in the Pub Co world tell me that certain Pub Co’s may well have “Hit the Wall of Reality” and things are not happy in the individual Camps, are well it had to happen at some stage, you can’t keep milking a cow after the udders are dry, my farmer friend has… Read More »
A Lease with a Sting in the Tail (Barrel Dregs) Please note, access to this site is totally free if you would like to subscribe (No Charge) on www.buyingapub.com, they are free to be read for your guidance and aimed to help you get through a time of considerable pressure and demand. Barrel-Dregs has been… Read More »
STOCKTAKERS- When they can be an Asset or sometimes, through their errors, a Liability? Stocktakers are they of value? I have detected a serious issue relating to the use of professional stocktakers that needs to be aired. While many publicans may baulk at the cost of a regular stocktaking exercise, its value could be to:… Read More »
Rent Appeals Question Marks on the 50/50 split of profits? An interesting point was bounced off me this morning on this so called 50/50 division of profits on rent assessment. For some extraordinary reason a lessee and his wife or partner are not allowed to include their basic drawings in the running costs of the business and are… Read More »
Brulines and fallibility? Barrel Dregs I had a phone call from am old friend who runs an advisory help line for licensees in trouble, asking how much did I know about Brulines. I said that I had been involved in a meeting with a Brulines Manager and he had said that the present system was… Read More »