Cost considerations

The cost of each pub will vary – it really all depends on the size and style of pub and the type of Agreement you enter into.

ENTRY COSTS

To help you make the right choice, every pub that's currently available shows an amount we've estimated for entry costs – in other words, roughly how much you'll need to find up front before you start trading. 

Entry costs for consideration include:

  • A deposit

  • Legal fees

  • Stock plus fixtures and fittings you'll need to buy from the outgoing licensee

  • Business advice and professional fees (accountant, solicitor, surveyor, stock-taker, broker etc.)

  • Moving costs

  • Miscellaneous set-up costs, e.g. computer / internet access

  • Working capital

  • Marketing and printing costs

  • Opening food stock

  • Stamp Duty

  • Annual Premises Licence fee

  • PPL and PRS Licence fees

  • Training

WHAT YOU’LL NEED TO PAY US ON AN ONGOING BASIS

It’s also important to understand that there are other ongoing costs you will need to pay once you are up and running. These will include: 

  • Rent (this is shown on each pub listing)

  • Annual Premises Licence fees and any licensing variation fees

  • Maintenance and Service Plan (for Tenancy Agreements) or Repairs Fund (for Lease Agreements)

  • Greene King's buildings insurance 

  • Repairs carried out by us on your behalf

  • Items you buy from us (beer, promotions, training, paper copies of invoices etc.)

  • Administration costs (Deed of Variation, duplicate Agreement, failed Direct Debits etc.)

  • Interest charged on overdrawn Trade Account balances

OTHER COSTS

Don’t forget you’ll also need to factor in the costs that go with the day-to-day running of your business too. This includes everything from staff salaries to gas bills and any food you serve. In addition, you will need to ensure you have appropriate Employers Liability Insurance and Public Liability Insurance. To help you out, you can take advantage of the offers we have available that we’ve negotiated with key suppliers through our economies of scale. Our business plan template can help you with your budgeting and help you to make sure you have everything covered. 

Business Plan Template