Hayloft

Nottingham Road, Giltbrook, Nottingham, Nottinghamshire, NG16 2GB

PUB FRANCHISE AGREEMENT, INVESTMENT PLANNED

The Hayloft is a great opportunity to operate your own Pub Business with our Pub Franchise Agreement, Hive Pubs. We’ve created an exciting partnership where you as a franchisee can bring your individual know how of the local community to a branded pub concept. You’ll get a quality invested ready to go pub with the best-in-class systems and processes that will enable you to deliver a superior level of service and create a busy, bustling local pub with always something going on. Every Hive pub has a brilliant range of drinks, a food menu with quality pub classics, great year-round outdoor spaces, and regular entertainment from live sport to quizzes, music and events. Running a Hive franchise pub is all about the experience. Experience makes the difference and that’s why we are looking to create the perfect partnerships with operators who have local experience combined with Greene King Pub Partners 200 years history and heritage.

Location

Giltbrook is a village in England situated approximately 6 miles northwest of Nottingham and within close reach of junction 26 of the M1 motorway.The name Giltbrook is believed to come from the old English name "Gylden Broc", which means golden stream, or brook. The Hayloft benefits from a prominent roadside position, with plenty of residential housing and local amenities close at hand

Business Information

Annual rent

n/a

Weekly rent

n/a

Entry costs

£7,000

Turnover royalty

n/a

Forecasted Operator Turnover

£612,365

Forecasted Operator Profit (inc machine profit)

£32,768

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 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 139 0 2,825
2019 253 1 5,756
2018 245 1 6,917

Post investment the trade space will be open plan with single bar service area, dedicated dining area and sports zone, making the pub a great local venue for live sport and entertainment. There will be approximately 60 food covers. Externally we will create a fabulous garden area, which can be used all year round.

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

60

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

30

Current Premises Licence Opening Hours

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

The accommodation comprises 3 bedrooms, lounge, kitchen, toilet, bathroom 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 Hive Pubs 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.