What kind of pub should I go for and what do I need to know?
Buying a Pub Business Franchise
To purchase a pub business you will need a large amount of capital, from £300,000 upwards. As long as you have a good business plan and security, up to 80% of the money can be borrowed from a Bank or Brewery. Usually these pubs purchase all drink and food products at competitive rates from any supplier and are not tied in anyway. To find a pub business to suit you and further details click on one of the pub agent icons.
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Lease/Tenanted
These make up the majority of the pubs in England, Scotland & Wales and offer a low capital entry into the pub business; the smallest will start from £15,000 up to over £200,000. They are run by self employed entrepreneurs who are only tied to purchase drinks from the pub company. The profits from the drink and food sales are retained by the lessee/tenant. Often these businesses have Gaming Machines and other ancillary machines where the pub company takes a percentage of the profit. A market rent is also paid to the pub company for the property. All pub companies offer comprehensive training and ongoing support. To find a pub to suit you and for further details, click on one of the pub company icons.
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Managed
These generally tend to be the larger pubs run by pub owners. As a manager you will be paid a salary, the income and profit from the business is retained by the pub owner. Comprehensive training will be given by the pub owners. To find a pub to suit you and for further details, click on one of the managed pub icons.
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Read this case study
Colin Wheeler and Maureen Batty awarded MBEs
Daily drinking