If you are looking for managed partnership pubs in Ombersley, you could run The Kings Arms !
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Managed Partnership Pubs In Ombersley – Run The Kings Arms !
Managed Partnership Pubs In Ombersley – Run The Kings Arms !
The Kings Arms is located in the Worcestershire Village of Ombersley. It is a 15th Century Black & White Timber framed Country Pub full of Character.
The Kings Arms is everything you want from a Country Pub; with cosy Dining areas throughout or comfy bar seating for a quiet drink or 2 in front of the roaring fires. There is a private room to the rear of the building perfect for small Community meetings or private dining for those extra special occasions. For those summer months there is a decking area for drinking or dining and a small garden space too.
The Kings Arms attracts customers from both the local area or from further afield travelling for a relaxing lunch or special dining occasion.
We are looking for a great operator with a really passion for serving fantastic food in a great country pub.
Have you always dreamt of running a self – employed pub but don’t know where to start?
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
You can have the best of both worlds with our new and exciting Pillar Agreement. Support is key for this turnover-share agreement which shares the risk and the opportunities between both parties, creating a partnership and focus to give your guests a first-class experience. We share the net sales and some of the cost base – building a deal that gives both parties a solid base to build and grow a profitable business.
• The option to leave your old life behind and be your own boss
• Live rent-free in the pub
• Marston’s will pay your utilities for you – lighting, heating and water
• Between us we will agree the wet product range to support your food offer.
• You retain an agreed percentage of all income streams (net of VAT) and have full control over your food offer and accommodation (where applicable)
• Low ingoing costs
• Marston’s will take responsibility for all repairs and decoration both internal and external, (except the private residential accommodation).
• No service charge applies to this agreement
• Have your Broadband, cutting-edge EPOS system and online booking tools (where appropriate) supplied by Marston’s
• Fixtures and fittings would be owned by Marston’s
• 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
• Expert induction training plus on-going training and support from your dedicated Business Development Manager and support teams
Financial Info
Estimated weekly sales:
£12,500
Sales Mix (Wet/Dry/Rooms):
40:60
Partner % Wet Sales:
30%
Partner % Food Sales:
80%
Partner % Rooms Sales:
N/A
Security deposit:
£5,000
Legal fees:
£360
Working capital:
£5,000
Total ingoing costs:
£10,360
Things to consider
You’ll need to put in a £5k deposit, plus legal fees and monies to cover your insuring obligations under the agreement (except building insurance, which we’ll pay for and recharge to you). 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).
Before we all sign the agreement and see you heading into a whole new life, you will need to show us proof that you have taken independent financial advice from a suitably qualified accountant on your business plan and professional advice from a solicitor, in accordance with the requirements of the Pubs Code Regulations. And, of course, obtain your personal licence (which we’ll help with) and complete your induction training.
This is a five-year commitment, so you have plenty of time to build a successful business. However, if you do want to leave early, there is a break option in the agreement which entitles you to give six months’ notice to terminate.
