It’s probable that most individuals will not have the requisite capital available to acquire a property and also renovate it. However, if you can afford it, there are definite advantages to buying or taking a mortgage on the property. The financial burden will be considerably heavier than just renting but it may also be easier…

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Owner Insights
I have a lower cost of sales on beverage and I don’t need a kitchen-full of expensive staff to serve it!
Irish Pub Operator | PENNSYLVANIAView Owner Insights
Pub Facts

Most restaurant businesses have a food to beverage ratio of 75% to 25%. In Irish Pubs the ratio is usually closer to 50%/50%, making them significantly more profitable as a result of lower labor and product costs.