Grenadier (Middlesbrough) | Greene King Pub Partners

Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

NEST PUBS - REFURB PLANNED

The Grenadier in Middlesbrough is a popular suburban community pub which is set to receive a rejuvenating refurbishment to transform it into a Nest pub. We are seeking an experienced pub or hospitality manager who is looking to step up and run their own busine...

Important Information

Agreement A 5 year Nest Pub franchise agreement.
Guaranteed Income N/A
Turnover share 20% of Net Sales
Profit share 6%
Bonus £5,000
Annual Estimated Total Sales £430,479
Estimated Annual Franchise Retained Income £38,194
You will earn a percentage of net sales (paid weekly). In addition, you can earn up to £5,000 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 percentage of net sales (paid weekly). In addition, you can earn up to £5,000 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 £3,000 is payable on change day. This includes legal fees and start up training costs. An extra £2,000 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 (where available).
Entry Costs £3,000

Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
2024	291	1	3,203
2023	317	N/A	3,140
2022	324	7	3,647

Andy Wearn

Business Development Manager

‘Combining my experience as a Business Development Manager for 14 years along with running my own pubs as a General Manager, I like to work closely with my franchise partners to support them in running great pub businesses. For me, working within pubs and hospitality offers a unique set of rewards and experiences that I find immensely satisfying. From building lasting relationships with my franchise partners, to helping them and their teams deliver outstanding hospitality and community events – I get a great sense of accomplishment from operating great pub businesses together.’