Maldon Grey
Cats Lane, Sudbury, Suffolk, CO10 2RZ
HIVE PUBS - REFURBISHMENT COMPLETE
The Maldon Grey in Sudbury is an exciting opportunity to run your own pub business, with a lower risk level than a traditional tenancy agreement with our Hive pub franchise agreement. You will be responsible for driving sales, offering memorable customer experiences and motivating your team, whilst Greene King take care of the majority of operating costs, provide all the products you need and set the business up for you. This pub would be ideal for any experienced pub manager, looking to do things their way and escape the restrictions of employment. The pub was fully refurbished in 2021 following a period of closure and is established in the local community as an excellent wet led pub known for live sport, entertainment and its large beer garden.
Bar
Childplay areas
Dining areas
Kitchen
Patio
Location
Sudbury is a market town located on the Suffolk/Essex border. The Maldon Grey is on Cats Lane, which borders Sudbury from Great Cornard. There are over 800 houses within 0.3 mile radius and is very close to Chilton Industrial Estate. Sudbury is known traditionally for its Weaving business and as the birthplace of the Painter Thomas Gainsborough. The town is approximately 15 miles south of Bury St Edmunds and 15 miles North West of Colchester. There is also a Train station which links to Marks Tey, which has a direct link to London, so the town is popular with commuters.
Business Information
Annual rent
n/a
Weekly rent
n/a
Entry costs
£8,000
Turnover royalty
n/a
Forecasted Operator Turnover
£483,171
Forecasted Operator Profit (inc machine profit)
£31,357
Agreement
Hive Pub Franchise Agreements are 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 entry fee and we take care of the property costs, energy bills and stock. We supply marketing, training, and ongoing support. You can expect to earn a guaranteed minimum income of £20,000 which is paid weekly (£385 per week). In addition, you'll be paid a percentage of weekly sales, known as the weekly turnover share, to cover your staffing costs. Bonuses are available based on business performance and standards audits. Private accommodation is provided where available.
Entry cost of £5000 is payable on change day. This includes legal fees and start up training costs. An extra £3000 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
£3,000
Other Costs
£5,000
Total Entry Costs
£8,000
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 & 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) |
|---|---|---|---|
| 2022 | 202 | 2,551 | 12,478 |
| 2021 | 50 | 959 | 3,385 |
| 2020 | 69 | 548 | 4,000 |
As you enter the pub from the front door, you will find the bar in front of you, with dining area to your righthand side. To your left is the main drinking/entertainment area, with TV screens, pool table and dart board. To the rear of the pub is a large garden, which is predominately laid to lawn with a larger shelter featuring heat, light and TV screen. There is also ample outdoor tables and chairs, as well as a car park.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
100
Trade Gardens
2
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
1
Function Rooms
0
Customer Car Park Spaces
28
Current Premises Licence Opening Hours
Mon - Sat: 08:00 - 01:00
Sun: 08:00 - 00:00
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
I am searching for an experienced pub manager who is looking to step up and run their own pub. Do you have a passion for great service, high standards and being at the heart of your community? Do you love creating a buzz in your pub, via an engaging program of events and sport on TV? If you can say yes to this, then this could be the opportunity you have been waiting for.
Becky Holt, Business Development Manager
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