Cabin

10 Alderwood Precinct, Sedgley, Dudley, West Midlands, DY3 3QY

A GREAT COMMUNITY LOCAL

The Cabin is a great community local, which is soon to be refurbished and relaunched as a Hive Pub. Taking on a Hive Pub as a franchisee is a low cost way of running your own pub business. They come ready to trade with a great-value, good quality food offer and excellent drinks range, so you can focus on running a great business and providing excellent service. Hive Pubs are a buzz of activity, where something is always happening from live sport and quizzes to music gigs. If you have pub management experience and are looking to take the next step and run your own pub business, we want to hear from you!

Location

The Cabin is situated in Alderwood Precinct at the heart of the Northway estate. The 27 bus to Wolverhampton and Dudley stops immediately outside of the pub. Walkers can take a scenic twenty minute walk via Sedgley Hall Farm Park to access Sedgley Bull Ring for various bus connections and other amenities

Business Information

Annual rent

n/a

Weekly rent

n/a

Entry costs

£7,000

Turnover royalty

n/a

Forecasted Operator Turnover

£639,904

Forecasted Operator Profit (inc machine profit)

£32,250

Agreement

Pub Franchise Agreement is an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay • £5,000 We give • Greene King sets up the pub and takes liability for the property and pays all running costs including stock. • We also supply marketing, training and ongoing support. You get • You’ll be paid a guaranteed income of £20,000. • You will be paid a percentage of weekly sales know as the weekly turnover share • You can earn bonuses based on business performance and standards audits. • Private accommodation where available.

Entry cost of £5000 is payable on change day. This includes legal fees and start up training costs. An extra £2000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.

Deposit

N/A

Fixtures & Fittings

N/A

Legal Admin Fee

N/A

Broker Fee

N/A

Stocktaking Fee

N/A

Working Capital

£2,000

Other Costs

£5,000

Total Entry Costs

£7,000

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2021 183 921 3,466
2020 137 772 1,880
2019 283 1,290 5,599

The internal space will be completely refurbished inline with our Hive brand guidelines, to improve functionality and covers throughout the space. Please see the images to get a feel for what we have planned

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

100

Trade Gardens

1

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

20

Current Premises Licence Opening Hours

Sun-Wed: 09:00-00:30
Thu-Sat: 09:00-01:30

The accommodation comprises 3 bedrooms, kitchen, lounge, bathroom, toilet and office

Private Rooms

8

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

1

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an experienced couple or individual with pub management experience who can meet our applicant profile and effectively deliver the offer within our franchise agreement. The Pub Franchise Agreement allows those with the relevant experience to launch their own business, with low ingoing costs. If you feel this may suit you, then please contact the recruitment team for further information

Andy Wearn, Business Development Manager

Apply for this property

The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.