NatWest has become the official funding partner for Greene King Meet & Eat Pub Franchises.
Franchisees looking to take a Meet & Eat franchise can approach NatWest and receive preferential borrowing rates to support the franchise opportunity.
Speaking about the funding partnership, Simon Longbottom, managing director for Greene King Meet & Eat franchises said, “NatWest has been involved with the franchise sector for 30 years so by linking up with them and their franchise fund, franchisees looking at our business opportunities have easier access to secure funding for their plans.
“We’re seeing our Meet & Eat franchise pubs bucking the trend in terms of expected returns and annual income for the pubs. Currently the return on investment is 45% on an expected investment of £100,000 allowing a franchisee to typically expect a projected annual income of £45k per year. So this partnership with NatWest makes real sense in helping us develop the right package for franchisees going forward”.
Mark Scott, NatWest, Director, Franchise Development said, “I have been working closely with Greene King since the launch of the franchise and am pleased to offer Greene King Meet & Eat franchisees the banking services they need to fulfil their ambitions. Every franchisee taking over a Meet & Eat franchise will be supported by a specialist bank manager whose experience in the franchise sector will help them get off to the best possible start”.
Greene King is rolling out Meet & Eat franchises across the country. The NatWest Franchise Fund is endorsed by the British Franchise Association (BFA) and the Greene King Meet & Eat franchise received British Franchise Association accreditation earlier this year.
Greene King has today launched a new Greene King Meet & Eat website where customers can look up where their nearest Meet & Eat pub is. The new website, www.greenekingmeetandeat.co.uk can be accessed from a desktop pc as well as a mobile phone. Whilst on the move consumers can view pubs near them, check out the entertainment, register for offers and also have a look at new Meet & Eat franchise business opportunities too.
Speaking about the new site, managing director for Greene King’s Meet & Eat franchise pubs, Simon Longbottom said, “This website will provide consumers, who are getting to know and love Meet & Eat pubs, where they can locate one. The menu and offer is consistent across the Meet & Eat estate so they’ll be guaranteed excellent service every time. As the numbers grow we’ll add more and more pubs onto the site which all have their own individual webpage links”.
The new site features an easy map to view where Meet & Eat pubs can be found with links to the individual pubs showing menus, events and offers. On accessing each pub, customers can find directions to the pub from where they are.
Greene King Meet & Eat has opened 24 Meet & Eat pubs in England in the last year and will be developing more across the country in the coming months. Meet & Eat franchise opportunities can be found on www.greenekingpubsfranchise.co.uk.
Greene King Meet & Eat franchise pubs have had a new menu cooked up for them ready for Christmas and the winter season. The Meet & Eat franchise pub chain enables franchisees to offer great portions on food and excellent value for money served every day from 12 – 9 pm.
Speaking about the new menu, managing director for Greene King Meet & Eat pubs, Simon Longbottom said, “Meet & Eat pubs offer fantastic value for customers in bright and modern surroundings. Our franchisees are able to access this unique menu and deliver it with ease, very quickly. All dishes are created in our own development kitchens and food is sourced at the best prices through Greene King’s extensive buying power”.
The new brighter looking menu has some exciting seasonal favourites and great offers to complement the existing pub classics and big grills. Also featured are meal deals everyday including Monday and Tuesday burger and drink or 8oz rump steak and a drink, £4.99; curry and drink Thursday at £4.99 and all day Friday – two classic fish and chips only £6.99. Sunday offers all day Sunday roast with unlimited veg, gravy and roast potatoes for only £4.99.
Greene King Meet & Eat has opened 24 franchise pubs in the last year and has three more going on site for full refurbishment in December. The benefits of the Meet & Eat franchise can be found on www.greenekingpubsfranchise.co.uk.
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