Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

HIVE PUBS - REFURB PLANNED

The Kingfisher, located in the historic town of Newport Pagnell, is a welcoming pub known for its warm atmosphere and traditional charm. We are planning a full refurbishment which will see an improvement of the pubs curb appeal with full property decoration bo...

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 6%
Bonus £7,500
Annual Estimated Total Sales £613,600
Estimated Annual Franchise Retained Income £40,284
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. The estimated annual franchisee retained income quoted includes profit share and 50% of the total bonus opportunity available. Earnings are uncapped and can increase or decrease dependent on franchisee performance.
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. The estimated annual franchisee retained income quoted includes profit share and 50% of the total bonus opportunity available. Earnings are uncapped and can increase or decrease dependent on franchisee performance.
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
The internal space will be well zoned following the refurbishment offering space for casual drinking and socialising, a sports area featuring darts and pool and the bar with ample seating around. In the garden a new pergola will be created which will be the centre piece with additional seating created which is designed with all year round trading in mind. There will be 58 covers internally and 86 externally, with a car park offering approximately 22 parking spaces.

Alex De Araujo

Business Development Manager

‘What started out as a job behind the bar turned into a love for pubs and hospitality for me. 13 years later I continue to work in pubs as Business Development Manager with experience across Managed and Leased and Tenanted pubs. I believe this has given me a unique understanding of both the operational and strategic sides of running a pub business, which enable me to help the pub franchisees I support to run great pub businesses of their own. For me, working collaboratively with my franchise partners is key as this results in great ideas shared with one another that everyone learns from, creating even better pub businesses together.’