Forge
The Pantiles, Billericay, Essex, CM12 0UA
NEST PUB FRANCHISE - REFURB PLANNED
The Forge in Billericay is set to become a Nest franchise pub following an extensive refurbishment. This particular pub is an ideal opportunity for an experienced pub or hospitality manager to step up and run their own pub. The refurbishment will rejuvenate the pub transforming it to maximise the trading potential, focusing on live sport and entertainment, accompanied by a pizza offer served from the bar. The pub will trade at approximately 95% wet led and offer regular entertainment such as live music and quiz nights. We expect the new franchisee to be able to be at the heart of the pub, driving sales and ensuring high standards are consistently offered, taking the pub to the next level.
Bar
Function rooms
Garden
Kitchen
Patio
Location
Billericay is a town and civil parish in the Borough of Basildon, Essex. It lies within the London Basin. The town is thought to have been occupied since the Bronze Age. The Forge lies on the northern edge of the town adjacent to a local shopping parade. The immediate area is largely residential, offering a captive audience close at hand to market the pub to.
Business Information
Annual rent
£0
Weekly rent
£0
Entry costs
£5,000
Turnover royalty
n/a
Forecasted Operator Turnover
£425,333
Forecasted Operator Profit (inc machine profit)
£35,344
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
Type of Tie
Agreement
Nest 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 £3,000 entry fee and we take care of the property costs, energy bills and stock. We supply marketing, training, and ongoing support. In addition, you'll be paid 20% of weekly sales, known as the weekly turnover share, to cover your staffing costs. Bonuses and profit share schemes are available based on business performance and standards audits. Private accommodation is provided where available.
Entry cost of £3000 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
£0
Fixtures & Fittings
£0
Legal Admin Fee
£0
Broker Fee
£0
Stocktaking Fee
£0
Working Capital
£2,000
Other Costs
£3,000
Total Entry Costs
£5,000
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 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) |
|---|---|---|---|
| 2023 | 240 | 1,122 | 3,411 |
| 2022 | 248 | 1,464 | 3,198 |
| 2021 | 140 | 986 | 2,440 |
As you walk in the main large bar is directly in front of you. There is a seating area to both sides, with one showing sport and the other offering comfortable surroundings for conversation. There is a large garden and car park to the rear of the pub which serves the adjacent shops. The pub also offers a function room.
Trade Bars
1
Trade Dining Areas
0
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
1
Customer Car Park Spaces
0
Current Premises Licence Opening Hours
Mon-Sun: 07:00-01:00
The accommodation comprises 2 bedrooms, lounge, bathroom, toilet and office.
Private Rooms
6
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
0
Offices
1
Bedsits
0
We are looking for an experienced pub or hospitality manager who can think outside of the box to create a strong sales plan, complimented by a strong rhythm of the week. A Nest pub franchise offers an excellent framework for someone who is looking to run their own pub business, but is nervous about stepping away from employment.
Hannah Mills, Business Development Manager
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