If you are looking for managed partnership pubs in Stoke On Trent, you could run The Rising Sun !
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Managed Partnership Pubs In Stoke On Trent – Run The Rising Sun
The Rising Sun is located a few steps away from the Scholar Green Canal Boat Moorings on the Macclesfield Canal Cheshire. A food led destination venue appealing to Locals and Tourist alike. The trading area is open plan with defined drinking and eating areas. Whilst food led the pub maintains a traditional pub drinking trade and offers pub sports & occasional live entertainment there is also an external patio / drinking area to the front of the pub. The building is traditional but well presented.
The Opportunity
If you’re looking for maximum freedom and the chance to run a business in your own way, a Marston’s tenancy will allow you to really flex your creative muscles. This agreement is for the real entrepreneurial types, who have a bit of money to invest, some solid business skills and the vision to bring their dream to life.
You can implement your own ideas and develop your own food offering. And, whilst you’ll be running your own business your way, you can still lean on the Marston’s team for all the support you need.
This is your chance to:
Take on a pub for three or five of the most exciting years of your career yet
Be your own boss and do things pretty much your own way
Offer the award-winning range of fantastic Marston’s beers, wines, spirits and minerals
Keep 100% of the business’ profits
Put together your own menus and choose your own food
Keep 50% of profits from any gaming machines
Learn from the best, with brilliant induction training, not to mention on going training and support from your dedicated Business Development Manager, who’ll help you make the most of the business
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
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.
Private Accommodation
Private Kitchen
Yes
No of Double bedrooms:
3
No of Reception rooms:
1
No of Private bathrooms:
1
Office
No
Financial Info
Estimated weekly sales:
£9,600
Sales Mix (Wet/Dry/Rooms):
50/50
Partner % Wet Sales:
35%
Partner % Food Sales:
85%
Security deposit:
£5,000
Legal fees:
£360
Working capital:
£5,000
Total ingoing costs:
£10,360
The Rising Sun Stoke-On-Trent
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.