If you are looking for managed partnership pubs in Birmingham, you could run The Golden Hind !
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Managed Partnership Pubs In Birmingham – Run The Golden Hind
Overview
If you’re an skilled publican or retail manager with food experience then check out our latest opportunity to run the Golden Hind in Kingstanding on our Retail Agreement.
The Golden Hind holds a prominent position in Kingstanding, beside a busy road, a stones throw from the Alexander Stadium of Commonwealth Games fame, and surround by the hustle and bustle of outer Birmingham. The pub was refurbished in 2019, and boasts a large bar area with a dedicated darts area, live sports shown on large screen TVs and gaming machines. The well appointed lounge / restaurant enjoys comfy lounge style furniture and access to a rear private beer garden. This business is a great proposition for the right pair of hands. The upstairs accommodation is a large three bedroom flat with roof access, kitchen, lounge, and bathroom.
The Golden Hind has a large central bar with 120 covers internally and more outside to maximise sales in the warmer months. The pub has 80/20 wet trade to food trade mix and is currently trading around £12,500 a week – this business is primed and ready to hit explosive growth with the right leader. There should be a good level of experience in branded food delivery (The food offer is already growing), as well as growing community based wet sales.
Marston’s is looking for either an experienced operator or front and and back of house team that are proven at growing drink sales. The next operator needs to be able to encourage local teams to use the business and drive sport / local entertainment. A good food understanding would help to grow the existing food business to the next level.
The Anticipated Partner Profit for this site is TBC per annum
Please note this figure does not include the additional benefits of running a Retail Agreement with Marston’s as detailed below.
The Opportunity
That idea you’ve always had about running your own pub – always seemed like a distant dream, didn’t it? Bet you never realised it was just a £5k security deposit away (plus legal fees) with a Marston’s retail agreement. Your earnings will be based on a percentage of weekly net turnover and for those of you interested in delivering a food offer, the agreement may include one of our branded food menus. With low ingoing costs, all the training and support you need to set you up for success, this is a great way of running your own business.
What’s in it for you?
A 22% share of weekly sales, excluding VAT.
Incentive bonuses based on business performance and standard audits
Low ingoing costs, starting with just a £5,000 deposit and £360 legal fees. See ‘Things to consider’ for more information.
Support obtaining your personal licence
Accommodation provided with most bills covered, except the council tax.
Call on us to cover the cost of repairs, fixtures and fittings
All of your stock, including food, and all associated consumables are supplied for free by Marston’s, although you will be responsible for managing it once it has been delivered.
Comprehensive induction training and ongoing support and training.
A dedicated area manager working with you to help you grow the business.
Access to our 450 strong-support teams whenever you need them – including Marketing, Recruitment and Food and Drink specialists.
All our Pub Partners get access to our FREE Learning, Development and Training platform Campus (a package worth over £300!).
What we expect from you:
Our Retail Agreement is a proven business-model, perfect for entrepreneurs who can drive sales, standards and guest experience.
In addition to the £5k security deposit required for this agreement, you will need to cover legal costs (£360 inc VAT), and your own insurance (except building insurance, which we’ll cover). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters.
Before we all sign the agreement and see you heading into a whole new life, you’ll just need to show us proof that you’ve had independent financial and legal advice and have completed a sustainable business plan, in accordance with the Pubs Code. And, of course, obtain your personal licence (ask a member of our team about booking this course free of charge with us) and complete your induction training.
It’s a five-year commitment, so you have loads of time to build the business and get it performing brilliantly but, if you do want to leave early, there’s always the option of six months’ notice with a ‘break’ clause in the contract.
Accommodation
Private Kitchen
Yes
No of Double bedrooms:
3
No of Single bedrooms:
0
No of Reception rooms:
1
No of Private bathrooms:
1
Office
Yes
Financial Info
Estimated weekly sales:
£13,515
Security deposit:
£5,000
Legal fees:
£360
Training/business development fee:
£0
Working capital:
£0
Total ingoing costs:
£5,360
Anticipated Partner Profit (per annum):
£ TBC
Managed Partnership Pubs- The Golden Hind Birmingham
Marston’s is looking for either an experienced operator or front and and back of house team that are proven at growing drink sales. The next operator needs to be able to encourage local teams to use the business and drive sport / local entertainment. A good food understanding would help to grow the existing food business to the next level.
