Yes, I've read an article on the PubCos scam ... its a shocking state of affairs when someone can plunge their life savings, redundancy money or loan into a pretty simple business,... only to realise that they have little or no chance of making a living.
BUT ...BEWARE... the same applies to driving schools (BSM in particular) ... and some taxi companies.
Now, I have to say that the lads who run the Townhouse are not bad guys at all, and I don't think the Conwy locals gave them a chance whilst in situ at The Mailcoach.
I understood that the ex landlord had no animosity to them, and he hoped that the locals would continue drinking there ... but it seems not.