Essex Skipper

Rochford Way, Frinton On Sea, Essex, CO13 0AZ

HIVE PUBS - INVESTMENT PLANNED

The Essex Skipper 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

Frinton is a relaxed and peaceful coastal town, although it has some attractions you would associate with the seaside, this business is at the heart of a residential area so your customers would be from the neighbourhood or those using the nearby mini-supermarket. The Essex Skipper is located just 1/2 a mile from the beach and all the seaside amenities. The pub is right next door to the 'Triangle Shopping Centre' which boasts 12 different shops including the Co-op Supermarket. The pub enjoys significant footfall from customers to these shops.

Business Information

Annual rent

n/a

Weekly rent

n/a

Entry costs

£7,000

Turnover royalty

n/a

Forecasted Operator Turnover

£618,892

Forecasted Operator Profit (inc machine profit)

£31,061

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 £5,000 is payable on change day. This includes legal fees and start up training costs. An extra £2,000 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

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 and 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2021 121 1,302 5,463
2020 102 1,238 3,584
2019 142 1,898 5,009

The trade space will be refurbished and transformed both inside and out, in line with Hive brand guidelines. The Essex Skipper is a large community pub with room for pub games such as pool and darts, fruit machines and separate dining area. Please see our mood boards in picture reel to see what we have planned.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

65

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

10

Current Premises Licence Opening Hours

Sun-Thu: 10:00-23:30
Fri-Sat: 10:00-01:00

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

Private Rooms

7

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

1

Bathrooms

1

Toilets

0

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

Becky Holt,

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.