Are you looking for Managed Partnership Pubs in the Lichfield area? Why not run ‘The Kings Head’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Kings Head is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Managed Partnership Pubs In Lichfield – Run The Kings Head !
Overview
The Kings Head is an iconic city centre pub dating back to the 15th century well known for its historic links to the Staffordshire regiment. The King’s Head is a listed building and benefits from 2 main trading rooms, a covered courtyard area and a large upstairs function room. There is also a rear external drinking courtyard, along with a well equip catering kitchen. The central location of the Kings Head in Litchfield City Centre draws on locals, shoppers, tourists and weekend socializers and it currently has a great name for live music at weekends. There is an opportunity for a sports offer to be launched in the pub and to enhance lunch times with a great food offer.
Whilst experience isn’t an absolute must for this site; if you are an operator(s) who can demonstrate a passion for great customer service and driving great standards we really want to hear from you! There is a fantastic opportunity to plan and create a diary of fantastic events at the site and get involved with the wider city community, so opportunities such as the Lichfield Bower and Food festival can be maximised. This is a once in a lifetime opportunity and pub like this seldom become available.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Managed Partnership Pubs In Lichfield – Run The Kings Head !
The Opportunity
Let your big ideas for your own pub run free as a foundation partner. Your earnings will be based on a percentage of weekly drinks sales, but you’ll have the flexibility to choose the food you offer and keep every penny of food sales! It’s the chance to:
Leave your old life behind and be your own boss
Commit to five of the most exciting years you’ll have ever worked
Live rent-free in the pub
Take home 30% of weekly drinks sales
Keep 100% of the money you make on food
Keep 50% of the profits from any gaming machines
Offer the award-winning range of fantastic Marston’s beers, wines, spirits and minerals
Have your drinks stock supplied and paid for by Marston’s, not to mention your heating and lighting
Learn from the best during your induction training and enjoy on going training and support from your dedicated Business Development Manager
Things to consider
You’ll need to put in a £5k deposit, plus legal fees and cover your own insurance (except building insurance, which we’ll pay for). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters. We’re on-hand to offer guidance as you plan your business overheads, like business rates (and your own residential Council Tax). Also, start thinking about any internal repairs and decoration you’d like to do to bring the place up to standard and committing to an annual decorating fund.
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, as dictated by the Statutory Pub Code. And, of course, obtain your personal licence (which we’ll 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.
Kings Head – Lichfield
Financial Info
Estimated weekly sales:
£10,000
Sales Mix:
90 wet /10 dry
Security deposit:
£5,000
Legal fees:
£360
Working capital:
£3,000
Total ingoing costs:
£8,360
Private Accommodation
Private Kitchen
Yes
No of Double bedrooms:
2
No of Single bedrooms:
1
No of Reception rooms:
1
No of Private bathrooms:
1
Office
Yes
You’ll need to put in a £5k deposit, plus legal fees and cover your own insurance (except building insurance, which we’ll pay for). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters. We’re on-hand to offer guidance as you plan your business overheads, like business rates (and your own residential Council Tax). Also, start thinking about any internal repairs and decoration you’d like to do to bring the place up to standard and committing to an annual decorating fund.
