Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

HIVE PUBS - REFURB COMPLETE

The Coach & Horses is a prominent brick-built pub located in the heart of Wideopen, Newcastle upon Tyne. Having been refurbished in 2023 the pub boasts a spacious semicircular seating area at the rear, providing ample space for patrons to relax and socialize. ...

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 5%
Bonus £7,500
Annual Estimated Total Sales £750,776
Estimated Annual Franchise Retained Income £34,838
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 Coach & Horses offers a well-thought-out semi-open plan layout, balancing openness with distinct zones to cater to different customer preferences. The lounge and dining area is a welcoming and comfortable space perfect for relaxed dining, casual drinks, and socializing. The ambience suits families, couples, and groups looking for a cozy yet spacious setting. The bar and sports area is a lively section featuring a pool table and darts board, creating a hub for sports enthusiasts and social gatherings. The outdoor space is a standout feature with seating at both the front and rear. The rear boasts a pergola, providing a sheltered yet open-air setting, ideal for all-weather enjoyment. An outdoor TV enhances the experience, making it perfect for alfresco sports viewing and events.

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.’