Sportsman's Arms
Moor End Terrace, Durham, Durham, DH1 1BJ
REFURBISHMENT PLANNED - HIVE PUBS
The Sportsman's Arms in Durham (currently known as the Belmont) is soon to be completely refurbished and transformed into one of our Hive pub franchises. As with all Hive pubs, we'll significantly improve the entire pub, both inside and out including all new signage/decoration, creating a stunning beer garden and improving the current zoning/flow internally to make the pub into a great community local that focuses on live sport and entertainment. Significant works will improve the current toilet provision, add pub games such as pool and darts in their own area and offer all new decorations, flooring/carpets and brac-a-brac throughout. This is an exciting opportunity for an experience pub or hospitality manager to run their own franchise business, with all the help and support Greene King offer.
Dining areas
Garden
Kitchen
Patio
Location
Durham is a city in northeast England, south of Newcastle upon Tyne. The River Wear loops around the UNESCO World Heritage Site of Durham Cathedral and Norman Durham Castle. The city is also home to the renowned Durham University and has a vibrant mix of student and locals. The area of Belmont is a short drive from the centre and ideally situated for commuters using the A1(M) making it a desirable location to live.
Business Information
Annual rent
£0
Weekly rent
£0
Entry costs
£8,000
Turnover royalty
n/a
Forecasted Operator Turnover
£754,000
Forecasted Operator Profit (inc machine profit)
£40,461
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
Type of Tie
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
£0
Fixtures & Fittings
£0
Legal Admin Fee
£0
Broker Fee
£0
Stocktaking Fee
£0
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 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic. The pub closed for the whole of 2023**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 0 | 0 | 0 |
| 2022 | 175 | 770 | 7,312 |
| 2021 | 210 | 322 | 7,604 |
The trade space will be refurbished both inside and out to create a stunning pub, that the whole community can be proud of.
Trade Bars
2
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
70
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
Mon-Sun: 10.00-00.30
The accommodation comprises 3 bedrooms, lounge, kitchen, bathroom and office and will be refurbished.
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
A great Hive franchisee is someone with pub or hospitality management experience who wants to operate at the heart of their local community. This person should be a great leader, passionate about offering exceptional customer experiences and who is excited to run a drinks led business, that focuses on sport, entertainment alongside a food menu packed with pub classics. Take the step up and run your own business with Hive pubs.
Andy Wearn, Business Development Manager
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The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.