If you’re looking for managed partnership pubs in Newbury, The Bacon Arms is available !
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Managed Partnership Pubs In Newbury – The Bacon Arms Is Available
If you’re a skilled publican or retail manager with food experience then check out our latest opportunity to run the Bacon Arms in Newbury on our Partnership Agreement.
The Bacon Arms dates back to the 17th Century Civil War and has historically been a coaching inn.
Now the Bacon Arms serves as a community pub with a wide range of daily pub classics and 14 letting rooms!
The Bacon is situated on the main road and a short walk from other local pubs and bars and benefits from a strong local music scene, sports teams and links with local businesses, especially at lunch times.
The current reputation locally is strong and the team have worked hard to drive a consistent level of service. The new operator needs to jump on this wave and take it to new heights. Regular events (small self funding ones) need to form the bread and butter of the week with locals bingo, meat draws, raffles and charity and community events. There is room to grow sports teams here also.
The is huge scope to grow food sales in this site with consistent opening times, addition of a cooked breakfast for hotel guests and booking in of coach parties and people going to the races. The introduction of a good quality Sunday Roast here would also see sales grow!
Private Accommodation
Private KitchenYes
No of Double bedrooms:2
No of Single bedrooms:0
No of Reception rooms:1
No of Private bathrooms:1
OfficeYes
We are on the look out for operators that have experience running hotels and a managed food menu.
The site currently takes on average £7000 per week on an 80/20 wet led split but has the potential to achieve higher a week by targeting extra food, drinks and rooms sales.
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, deposits starting from £5,000 deposit and £360 legal cost. *deposits can vary dependant on business – ask us for more details*.
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.
Managed Partnership Pubs
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 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!
