If you are looking for managed partnership pubs in Wolverhampton, The Wheatsheaf Inn is available !
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Managed Partnership Pubs In Wolverhampton – The Wheatsheaf Inn Is Available
The Wheatsheaf is a real hidden gem of a pub offering a perfect place to enjoy home cooked food, a drink in the bar with your dog, or bring along the family and enjoy the beer garden and play area. Situated just off Junction 11 of the M6, it has a long standing reputation in the area and is popular with locals and those that live further afield.
The trading area consists of a large restaurant/ bar with a conservatory with approx. 60 covers. There is a separate room that can be used for dining, private functions etc.
It benefits from a large car park and beer garden. The Car park has electric hook ups for camper vans and we will also be installing electric car chargers in the near future.
The pub is well known for the weekly Quiz’s and entertainment.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Opportunity
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.
What’s in it for you?
Retain an agreed percentage of all income streams – 20% drinks 80% food.
You’ll have full control over your menu and accommodation (where applicable).
We’ll work together to agree the wet product range to support your food offer.
Keep 50% of the profits from any gaming machines
Incentive bonuses based on business performance and standard audits
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.
Accommodation provided with utility bills covered, except the council tax.
Call on us to cover the cost of repairs, fixtures and fittings (except private residential accommodation).
Your drinks stock 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 business development 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!).
What we expect from you:
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.
Private Accommodation
Private Kitchen
Yes
No of Double bedrooms:
3
No of Single bedrooms:
0
No of Reception rooms:
1
No of Private bathrooms:
1
Office
Yes
Financial Info
Estimated weekly sales:
8000
Sales Mix:
60/40 food
Retailer % Wet Sales:
30
Retail % Food Sales:
80
Security deposit:
5000
Legal fees:
360
Working capital:
5000
Total ingoing costs:
10360
The Wheatsheaf Inn Wolverhampton
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.
