Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

The Sportsman Unveils £249,000 Makeover: Become the Franchisee of Reading’s Next Hive Pub!

The Sportsman is undergoing a £249,000 transformation to become a Hive Pub franchise, including full redecoration, new flooring, upgraded furniture, a refreshed bar servery and kitchen, and external improvements like a new pergola, signage, and planting. The s...

Important Information

Agreement A 5 year Hive Pub franchise agreement.
Guaranteed Income £20,000
Turnover share 36% of Food Sales 20.5% of Drink Sales
Profit share 12%
Bonus £7,500
Annual Estimated Total Sales £488,800
Estimated Annual Franchise Retained Income £40,283
Income explained You will earn a guaranteed income of £20,000 per annum (paid at £385 per week), plus a percentage of net food and drink sales (also paid weekly). In addition, you can earn up to £7,500 bonus per annum based on your audited standards and a share of the profit (paid quarterly) if your business is successful.
Entry cost of £5000 is payable on change day. This includes legal fees and start up training costs. An extra £3,000 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.
Entry Costs £5,000
This pub offers a welcoming and versatile environment with a total of 82 indoor covers, split between 51 seats in the bar/dining area and 31 in the drinking area. Outside, there are 90 external covers, including 36 at the front, 18 under cover, and 36 in the beer garden. Guests can enjoy a patio equipped with a pergola and an external TV, making it ideal for outdoor gatherings and sports events. Entertainment options include 2 pool tables and 3 amusement with prizes (AWP) machines

Paul Daniels

Business Development Manager

‘With over five years’ experience working as a Business Development Manager in pubs, I pride myself on working shoulder to shoulder with my franchisees to help them run great pub operations. I get lots of joy working with franchisees who put the community they serve at the heart of everything they do. This, combined with great standards and a passion for customer service I believe are the hallmarks of a great franchise pub business that I will always be there to support.’