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Firm closing


finlo

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8 minutes ago, Banker said:

So how would it operate without any lease as presumably the property is not included in price?

Lots of goodwill.  Established customer base. Trade agreements and accounts. Established bank account and credit terms with suppliers if you buy the ltd co? Vehicles?

Sounds reasonable for someone to me assuming the business has been breaking even as they are probably retiring.

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11 minutes ago, Asthehills said:

No big deal, and why it’s so cheap

It’s cheap I’d suggest as rather than merge most competitor businesses in the IOM would rather wait for you to go bust and pick up your customers for absolutely nothing than pay anyone a penny for any goodwill you might think you have. 

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2 hours ago, Boris Johnson said:

As someone else mentioned, in the late 90s the prom was one big nightclub.

There is no call for that anymore and therefore no need for normal pubs to go to before you go to a nightclub.

Going to the pub from work, before you go home is also something that is not done anymore, or if it is,  its only 50+ year olds that do as younger wives/ partners won't put up with it like they did in the "Good old Days" 🙂 

Pubs, like snail mail are a 20th Century thing.

Except they have been going from the 1500's so not a 20th Century thing at all do your homework

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3 minutes ago, alpha-acid said:

Except they have been going from the 1500's so not a 20th Century thing at all do your homework

To the extent that coaching inns and ale houses can be described as pubs, yes, they date back a long time. But the pub as we know it is a Victorian invention.

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3 minutes ago, alpha-acid said:

H+B's in Trouble

New “enterprise park” could be coming to Kewaigue as plans submitted

https://www.iomtoday.co.im/news/property/new-enterprise-park-could-be-coming-to-kewaigue-as-plans-submitted-567822

To me they’ve missed the boat. How much more ‘premium’ commercial space can the IOM accommodate in a recession? 

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5 minutes ago, alpha-acid said:

H+B's in Trouble

 

New “enterprise park” could be coming to Kewaigue as plans submitted

https://www.iomtoday.co.im/news/property/new-enterprise-park-could-be-coming-to-kewaigue-as-plans-submitted-567822

Where in that article does it say they're in trouble. Jeez, we know you're bitter but let it go for heavens sake.

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2 minutes ago, Asthehills said:

With a pool table, burgers on slates, sky sports and an outdoor heated smoking area?

Ha, ha. Pubs really only started after the Beer Houses Act 1830. Ale houses were just front rooms in otherwise private houses before that. 

Of course pubs and what they sell and what entertainment they provide and the facilities have changed in 190 years.

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