If you are looking for managed partnership pubs in Hampshire, Pitcher & Piano Southampton is available.
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Managed Partnership Pubs In Hampshire – Pitcher & Piano Southampton Is Available !
Managed Partnership Pubs In Hampshire – Pitcher & Piano Southampton Is Available !
Seeking Publicans, General Managers or Bar Managers to run a high volume town centre pub in Southampton.
As part of our evolving pub strategy, we are converting the Pitcher & Piano Southampton onto our industry leading Retail Agreement. The sites are nestled in the heart of your favourite vibrant towns and cities welcoming you from day to night with a sophisticated escape suited for every occasion, whether it’s bubbles over brunch or a relaxed Sunday roast, after work drinks or a night to remember.
Each Pitcher & Piano has been carefully crafted to bring something unique and the soon to be re-named Southampton bar is no different. This is the perfect opportunity to take on a popular site as a Self Employed Pub Partner where you will receive a guaranteed retained sum of £25k per annum plus a 22% share of weekly sales.
The Pitcher & Piano Southampton is perfectly situated next to to the water and overlooking one of Britain’s most stunning Marina’s. With an abundance of bars, restaurants, businesses and flats around the area, it is not short of potential customers. It is a one room operation with an external terrace and is known for its quality food alongside and extensive drinks offer. The bar currently averages £28,000 a week in takings with a split of 70/30 wet to food trade. The trading area has over 120 covers internally with more externally to max trade in the summer months.
This is an amazing offer to take over the rebranded Pitcher & Piano that would suit an experienced town centre food operator or General Manager that can lead a team and deliver great guest service every visit alongside adding events to drive the reasons to visit through the week to further drive sales.
Please note this figure does not include the additional benefits of running a Retail Agreement with Marston’s as detailed below.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pitcher & Piano Southampton
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 guaranteed annual retained sum of £25,000k, released weekly
Plus 22% share of weekly sales, excluding VAT.
Incentive bonuses based on business performance and standard audits
Support obtaining your personal licence
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
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!).
Financial Info
Estimated weekly sales:
£28,000
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
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
