Golden Farmer

Reeds Hill, Bracknell, Berkshire, RG12 7LS

PUB FRANCHISE AGREEMENT! PUB MANAGEMENT EXPERIENCE ESSENTIAL

The Golden Farmer is a great opportunity to operate your own Pub Business with our Pub Franchise Agreement. We will offer you a quality pub asset and set up the business for you and is an ideal way for experienced pub managers to run their own business. In return we will expect you to be energised and genuine with your customers, become an active part of the community and get to know your regulars whilst being nicely nosey. Live sports and regular events will be at the heart of the pub to attract a broad customer base. Please note this pub will be 100% wet led.

Location

Bracknell is a large town and civil parish in Berkshire, the westernmost area within the Greater London Urban Area and the administrative centre of the Borough of Bracknell Forest. It lies eleven miles to the east of Reading and thirty four miles west of central London. Originally a market village and part of the Windsor Great Forest, Bracknell experienced a period of huge growth during the mid-20th Century when it was declared a New Town. Planned at first for a population of 25,000, Bracknell New Town was further expanded in the late 1960s to accommodate a population of 60,000. It is a commercial centre and the UK headquarters for several technology companies. The Golden Farmer is situated in a large residential area, on the southern edge of Bracknell

Business Information

Annual rent

n/a

Weekly rent

n/a

Entry costs

£7,000

Turnover royalty

n/a

Forecasted Operator Turnover

£526,083

Forecasted Operator Profit (inc machine profit)

£28,013

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 management fee of £20,000 so you will have a guaranteed income. • You will be paid a percentage of weekly sales known as the variable management fee. • 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 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2020 141 564 2,216
2019 378 2,067 7,612
2018 403 2,171 7,313

The trade space will be refurbished inside and out to create a modern pub environment, which enables you to deliver the offer effectively. Please see our mood boards and plan on the photos section to see what we have planned. Full schedule of works available upon request.

Trade Bars

1

Trade Dining Areas

0

Trade Kitchens

1

Trade Food Covers

0

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

15

Current Premises Licence Opening Hours

Mon-Thu: 07:00-23:30
Fri: 07:000-00:30
Sat: 11:00-00:30
Sun: 11:00-23:30

The accommodation is in good condition and comprises: three bedrooms, kitchen, lounge, bathroom and office

Private Rooms

8

Lounge

1

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

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

Mark Horton, 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.