If you’re looking for managed partnership pubs in Derby, run The Royal Telegraph !
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Managed Partnership Pubs In Derby – Run The Royal Telegraph
Overview
Managed Partnership Pubs
If you’re an skilled publican or retail manager with food experience then check out our latest opportunity to run the Royal Telegraph in Derby on our Partnership Agreement.
The Royal Telegraph is perfectly situated in the centre of the city close to the Derby County stadium and opposite the Derbion Shopping Centre and is popular with shoppers, football fans, tourists and locals alike. Inside is a large open plan venue, which segmented zones for dining/sports and games all serviced by a central bar. Outside is an inviting beer garden and large customer car park ideal for eventing and destination dining.
This is a great prospect for an licensee who is passionate about a busy city centre pub. The site currently takes on average £11,500 per week with 85% of sales from the wet side of the business, but has the potential to achieve up to £18k a week by targeting extra food and drinks sales using the popular Marston’s menu.
The Royal Telegraph attracts a wide base of customers, with daytimes supported by local housing (large new build estates surrounding the pub) and shopping centre footfall building to evening and weekend which attracts the sports fans to watch the games and late night crowds. On Derby County match days the pub is always busy and home fan favourite. There is plenty of opportunity for growth with the surrounding housing estate and more links to the shopping centre employees and visitors.
We are looking for a licensee/s who can build strong links within the local community and has the drive to boost sales and drive the Royal Telegraph to reach its’ full potential.
Anticipated partner profit for the Royal Telegraph is £61,175 based on 15% of Turnover to be payroll expenditure.
Please note this figure does not include the additional benefits of running a Partner Agreement with Marston’s as detailed below.
If this is not the pub for you do you know someone who is? If so, let us know using our Refer a Friend scheme and if successful in being placed in the pub we will give you a £1,000! (Terms & conditions apply)
The Opportunity
What’s in it for you?
A guaranteed annual retained sum of £25k, released weekly.
22% share of weekly sales, excluding VAT.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost. See ‘Things to consider’ for more information.
Accommodation included with most bills covered, except the council tax & TV License.
All of your stock, including food, and all associated consumables are supplied 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 supporting you to help you grow the business.
Access to our 450 strong-support teams whenever you need them – including Marketing, Recruitment best practice 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!)
If you do want to leave early, there’s always the option of six months’ notice with a ‘break’ clause in the contract.
What’s expected from you:
Our pubs are at the heart of the community, bringing locals and the communities together by serving great drinks, perfect food and fantastic events. It’s a proven business-model, perfect for skilled publicans or retail manager with food experience, 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), 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 advice from an accountant and solicitor and have completed a sustainable business plan, in accordance with the Pubs Code. And, of course, obtain your personal licence (which we can help with) 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!
Private Accommodation
Private KitchenYes
No of Double bedrooms:3
No of Single bedrooms:1
No of Reception rooms:1
No of Private bathrooms:1.5
OfficeYes
A guaranteed annual retained sum of £25k, released weekly.
22% share of weekly sales, excluding VAT.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost. See ‘Things to consider’ for more information.
We are looking for a licensee/s who can build strong links within the local community and has the drive to boost sales and drive the Royal Telegraph to reach its’ full potential.
