All Pubs articles – Page 289
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NewsOrchid reports impressive ROI
One year on from the start of its company-wide £20m investment programme Orchid Group, in which private equity and trade buyers are showing an interest, has reported impressive returns across its estate
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News
City Pub Co FY turnover to reach £7m; reveals acquisition targets
City Pub Company, the Enterprise Investment Scheme (EIS)-funded pub operator, expects turnover to reach £7m in 2013 and is targeting seven acquisitions under its forthcoming £10m fundraising drive, co-founder Clive Watson has told M&C Report
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NewsEnterprise tells Government it will cap drink price rises
Enterprise Inns has made a pledge to the Department of Business Innovation & Skills (BIS) that it will implement a cap on tied price rises
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News
Evan Evans to set up new pub vehicles
Evan Evans, the South Wales brewer and pub operator, is to set up three separate companies as vehicles for future pub acquisitions, M&C Report has learnt
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Analysis & Insight
Wet-led pub GP falls below 50%
Gross profit (GP) margins have slipped below 50% for community wet-led pubs, as they are unable to take advantage of the higher earnings potential of food sales, according to a new benchmarking report
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Analysis & Insight
Evolution of the pub to be key trend for 2014
Classic British pubs will push even harder in 2014 to transform and grab market share from conventional restaurants by focusing more attention on creating upscale, premium food and drink, and launching repositioned outlets in non-traditional sites
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News
Pivovar builds pipeline
Pivovar, the craft beer pub operator and beer importer, has revealed the next stage of its growth to M&C Report, with planned openings in Harrogate, Nottingham and Birmingham following a launch at the Trinity Centre in Leeds
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NewsEnterprise FY lfl net income 'to fall c3%'
Leading analyst Douglas Jack has predicts that Enterprise Inns will report a c3% fall in like-for-like net income at its full-year results on Tuesday, and predicted its shares are “likely to have a flat year” in 2014 if like-for-like net income growth does not occur
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News
Jack predicts Fuller's H1 PBT of £18m
Leading analyst Douglas Jack has forecast that Fuller’s will report a pre-tax profit of £18m in H1, up from £17.1m in the first half of 2012
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News
JDW acquires Punch site
The Crowborough Cross, a substantial public house that has been closed for sometime, has been acquired JD Wetherspoon from Punch Taverns
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News
Clapham next for Craft Beer Co
Craft Beer Co, the craft beer pub operator led by Martin Hayes, has secured a fifth site, in Clapham, as it predicts a “tranche” of future acquisitions
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NewsMore departures likely from Bramwell
M&C Report understands that more departures from Bramwell Pub Company are likely over the next few weeks, after the group built up an experienced management team since its formation last year
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NewsFlagship Living Room site on the market
The flagship Living Room site in London’s Heddon Street has been placed on the market after the landlord declined to assign the lease to new operator Stonegate Pub Company
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NewsLoungers reaches 40
Loungers the Piper-backed cafe bar operator, will open its 40th site on 20 November near Liverpool
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NewsPitcher swaps Bramwell for M&B
Rob Pitcher has become the first senior member of the management team at Bramwell Pub Company to leave the group to join Mitchells & Butlers (M&B) as its new brand operations director for its Sizzling Pubs and Oak Tree Pubs formats,
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News
High levels of interest in Bramwell sites
Christie + Co, which was appointed by Zolfo Cooper, the administrators of Bramwell Pub Company, to dispose of the leasehold interest in 35 of its sites has said it has already received high levels of interest in the bars
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NewsNWTC on track for FY sales of £9.5m
New World Trading Company (NWTC), the Tim Bacon and Jeremy Roberts-led pub group, is on track to deliver full-year turnover of £9.5m
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News
GT Pubs in administration
GT Pubs, the management company, which was set up in light of the administration of the Publicana business in 2010, has itself been placed into administration
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NewsSports Bar & Grill aims for promotion to Premier League
Sports Bar & Grill claims it is “entering the big league” with its new sites in London’s West End and Canary Wharf
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News
Moo to open first pub site
Moo Grill, the Argentinian café and wine bar concept backed by Alberto Abbate, will open its take on an ‘Argentine gastropub’ when it opens its third site in London’s Pimlico later this year