Nest pubs by Greene King
SPREAD
YOUR WINGS
WITH A PUB OF YOUR OWN
NEST PUBS IS A FRANCHISE AGREEMENT FROM GREENE KING PUB PARTNERS
If it’s your ambition to run your own pub business, then a Nest Pub provides the perfect ready-to-trade solution.
This is a unique, low-risk opportunity to fulfil your full potential.
The Benefits
3
WAYS TO EARN
Recieve a 20% share of net turnover, paid weekly. If your pub is successful we will share between 5-10% of the profit with you. On top of this, there is also an annual bonus scheme worth up to £5,000
LOW
RISK
The low entry cost of £3,000 includes your agreement fees and all required training, including our 4 day Induction and in pub training for you and your team.
READY
TO GO
We’ll provide a quality pub that’s ready to go. So, you can focus on the customer experience.
RELIABLE PUBS WITH HEART
Nest Pubs are simple to operate. With a simple food offer there is no need for expensive kitchen teams.
Utility bills, Sky & TNT sports is all paid for by Greene King.
What Experience Do I Need?
If you have pub or hospitality management experience, then you are perfectly placed to become a Nest franchisee.
We’re looking for people with:
- High standards
- Good admin skills
- Team leadership
- Brilliant people skills
- A drive to succeed
Our franchisees are enthusiastic, outgoing and approachable people that always demonstrate integrity. They also have an open mind when it comes to improving the pub experience.
3 Easy Steps To Becoming A Franchisee
Step 1
Request a call back today or call us on 01284 843 200 to talk to our recruitment team. They’ll give you more information and assess your suitability for the role.
Step 2
Complete our online application form.
Step 3
Discuss the finer details of the role with one of our experienced Business Development Managers (BDMs).
“Having Greene King stood next to us has made it feel a lot more manageable. They are so patient, so supportive, it's been life changing really.”
“Greene King are very approachable and supportive. It's the freedom to run our business as we want.”
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fees and on going costs
£3,000 ENTRY
The £3,000 entry cost will cover all of your training and agreement fees.
Employee Costs
Any staff wages, including national insurance and any other statutory deductions.
Insurance
Liability insurances to protect the business and the public.
Council Tax
Council Tax for private accommodation.
REDUCING YOUR RISK
GREENE KING PROVIDES EVERYTHING YOU NEED
- You’ll have a pub that’s ready to trade, this includes all the fixtures and fittings and furniture - just walk in and start serving customers.
- We pay the business rates and utility bills. Services, property insurance and licensing are all covered too.
- We take care of all the repairs to the building.
- We supply all the drinks to sell.
These are available to order online from us. - The pub will serve an agreed food menu, where all dish ingredients, crockery, menus and promotions are provided.
- We will install an EPOS smart till system to provide management information and help you manage the business more effectively.
Frequently Asked Questions
WOULD I BE EMPLOYED BY GREENE KING?
No, you would be fully self-employed. You will need to set up a Limited Company and become VAT registered to operate this type of agreement.
WHAT SKILLS AND EXPERIENCE DO I NEED TO BE A SUCCESSFUL GREENE KING FRANCHISEE?
Experience makes the difference and that’s why we are looking to create the perfect partnerships with excellent operators who have pub or hospitality management experience. We are looking to partner with Franchisees who are energised, approachable and genuine to create a community led pub experience through a branded concept.
DO GREENE KING PAY FOR EVERYTHING?
We pay all running costs including utilities and Sky/TNT Sport (where applicable). You will need to pay for the following:
- Staff (including employee national insurance and any other statutory deductions),
- Insurances (such as public liability and contents insurance for private accommodation),
- TV Licence and Council Tax for private accommodation.
CAN I TAKE THE AGREEMENT AS A SOLE TRADER?
No, you will need to set up a Limited Company to operate this type of agreement.
WILL TRAINING BE PROVIDED?
Yes, before you start the business, we will provide relevant training in the standards, procedures, techniques and methods which make up the franchise system and in all aspects of the business. Initial training will cover the following.
- Safestart
- BII Cellar Training
- Food Safety Level 2
- Systems Training
- Pre-opening on site training at the property
Additional training may be provided as we deem appropriate. We will also loan you copies of all relevant manuals.
HOW MUCH WILL IT COST?
The ingoing cost is £3,000. This includes the agreement fees and the induction and on-site training. You will also be required to pay for independent financial and legal advice before you take on the agreement. £2,000 in working capital is required to ensure you have enough money to set your business up and float the tills before we start paying you your percentage of net turnover.
WHY DO I NEED WORKING CAPITAL?
This is to ensure you have enough money to set up your business and float your tills before we start paying you your percentage of net turnover.
WHAT DOES TURNOVER INCLUDE?
All drinks, food and accommodation (if applicable) and excludes machines income. Turnover is calculated weekly and paid weekly in arrears.
DO I NEED TO PREPARE A BUSINESS PLAN?
Yes, using the information we provide you, and your independent professional advice, you will need to prepare a business plan that is realistic and sustainable. We will provide you with a business plan template to assist you.
CAN I IMPLEMENT MY OWN MENU?
No, the franchise system includes Greene King food and drink menus. We will provide all allergen information, food specification books and food order guides.
WHO PAYS UTILITIES?
This cost is covered by Greene King.
IS SKY/TNT SPORT INCLUDED?
Yes, where applicable this is paid for by Greene King.
WHAT IF I WANT TO LEAVE EARLY?
Our pub franchise agreement includes a break clause of not less than 3 months written notice. This break clause can be exercised at any time.