Two Poplars (Wokingham) | Greene King Pub Partners

Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

HIVE PUBS - REFURB PLANNED

The Two Poplars benefits from a prime location on the busy Finchampstead Road leading into Wokingham, positioning it to attract both local foot traffic and destination customers who come specifically for its offerings. This central placement gives The Two Popl...

Important Information

Agreement A 5 year Hive Pub franchise agreement.
Guaranteed Income £20,000
Turnover share 35% of Food Sales 20% of Drink Sales
Profit share 5%
Bonus £7,500
Annual Estimated Total Sales £769,600
Estimated Annual Franchise Retained Income (Pre-bonus) £35,000
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
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**
Year Beer (Brls) Wine & Spirit (Ltrs) Minerals (Ltrs)
2023 191 1,665 6,091
2022 225 2,600 7,582
2021 213 2,464 7,912

Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
2023	191	1,665	6,091
2022	225	2,600	7,582
2021	213	2,464	7,912

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.’