Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

REFURBISHED IN 2023

The Canterbury, Tewkesbury is a traditional pub which currently trades under our Hive Pub Franchise Agreement. Having received an extensive refurbishment of both the internal and external space in 2023, the pub operates at an approximate 70/30 split in favour...

Important Information

Agreement A 5 year Hive Pub franchise agreement.
Guaranteed Income £2,000
Turnover share 36% of Food Sales 20.5% of Drink Sales
Profit share 5%
Bonus £7,500
Annual Estimated Total Sales £512,980
Estimated Annual Franchise Retained Income £41,818
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 £5,000 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

Asa Charlton

Business Development Manager

‘Having worked across both pub operations and brewing roles in the beer and pub industry, I pride myself on my wide range of insight and experience that I can use to support my franchise business partners. I believe the key to running a great pub business in partnership with my franchisees is collaboration. Working together to be resourceful, but also challenge one another to really make a pub experience the very best it can be. For me, a great pub with a fantastic atmosphere cannot be beaten and that is what I love about working in this industry.’