How much will it cost
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HOW MUCH WILL IT COST

The amount you will need to pay depends on the type of Agreement you choose and the size and style of your pub.

ENTRY COSTS

Every pub that's currently available shows an amount we've estimated for Entry Costs roughly how much you'll need to find up front before you start trading. They include:

  • A deposit
  • Stock and fixtures and fittings you'll need to buy from the outgoing Licensee
  • Business advice and professional fees (Accountant, Solicitor, Surveyor, Stocktaker, Broker etc.)
  • Moving costs
  • Miscellaneous set-up costs, eg: computer/internet access
  • Working capital
  • Marketing and printing costs
  • Opening food stock
  • Stamp Duty
  • Annual Premises Licence fee
  • PPL and PRS Licence fees
  • Training

ONGOING COSTS YOU NEED TO PAY GREENE KING

There are other ongoing costs you will need to pay once you are up and running.

  • Rent (this is shown on each pub listing)
  • Annual Premises Licence fees and any Licensing variation fees
  • Maintenance and Service Plan (for Tenancy Agreements) or Repairs Fund (for Lease Agreements)
  • Greene King's buildings insurance
  • Repairs carried out by us on your behalf
  • Machines Management Fee if applicable
  • Items you buy from us (beer, promotions, training, paper copies of invoices etc)
  • Administration costs (Deed of Variation, duplicate Agreement, failed Direct Debits etc)
  • Interest charged on overdrawn Trade Account balances.

RUNNING YOUR BUSINESS

You'll need to pay for the day-to-day running of your business. This includes everything from staff salaries to gas bills and any food you serve. You can, if you choose, take advantage of special discounts we've negotiated with key suppliers through our Bar Gains buying service. If you need some help to budget, we've put together a Business Plan template that helps to make sure you have everything covered.

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Greene King Brewing and Retailing Limited, Westgate Brewery, Bury St Edmunds, Suffolk, IP33 1QT, +44 (0) 1284 763222, company registration no. 3298903