We’re on the hunt for tenants for the Thomas Arms in Llanelli. This is a wonderful prospect to build on what is already a well-established business with a fantastic reputation.
The Thomas Arms hotel is located on just on the edge of Llanelli town centre, in the county of Carmarthenshire, only a short drive from Swansea and Carmarthen. The Thomas Arms has 10 letting bedrooms (all en-suite) and also benefits from a large function room that can hold over 200 people. The Function room also benefits from a wedding licence so is perfect for those special occasions. The site itself has 3 dining areas, a small outside seating area and two small carparks.
There is huge potential to drive sales on wet and dry buy focusing on consistency and delivering a great customer experience. The bar area we have the traditional darts board and pool table and casual dining. There is a strong food sales offer in place with our recent menu change and not forgetting the Sunday Carvery.
This business will require applicants with experience of running a business with a good food income and ideally some experience of letting rooms. Experience of using social media effectively and platforms such as Booking.com will be an advantage. Local knowledge isn't essential - more important is having ideas to drive wet/dry sales and the drive to implement them and attention to detail and impeccable standards are a must. Superior marketing skills and excellent people skills. The Thomas arms has so much opportunity for growth and to offer to the right operators!
Financial Costs to consider
* Rent (Per Annum): £36,000
* Working capital: £25,000
* Estimated stock and glassware: £7,000
* Fixtures & Fittings Value: £45,000
* Service Charge: £2,500
* Decorating fund: £4,800
* Insurance: £1,200
* Fully tied on wet
* Barrelage Discount: £120
* Fair Maintainable Turnover: £120,000
* Estimated annual operator profit: £65,000
What’s in it for you?
* Keep 100% of the business’ profits.
* Put together your own menus and choose your own food.
* Keep 50% of profits from any gaming machines.