That idea you’ve always had about running your own pub – always seemed like a distant dream, didn’t it? Bet you never realised it was just a £5k security deposit away (plus legal fees) with a The Pub Company retail agreement. Your earnings will be based on a percentage of weekly net turnover and for those of you interested in delivering a food offer, the agreement may include one of their branded food menus. With low ingoing costs, all the training and support you need to set you up for success, this is a great way of running your own business.
What’s in it for you?
- A 20% share of weekly sales, excluding VAT.
- Incentive bonuses based on business performance and standard audits
- Low ingoing costs, starting with just a £5,000 deposit and £360 legal fees. See ‘Things to consider’ for more information.
- Support obtaining your personal licence
- Accommodation provided with most bills covered, except the council tax.
- Call on us to cover the cost of repairs, fixtures and fittings
- All of your stock, including food, and all associated consumables are supplied for free by The Pub Company, although you will be responsible for managing it once it has been delivered.
- Comprehensive induction training and ongoing support and training.
- A dedicated Area Manager working with you to help you grow the business.
- Access to their 450 strong-support teams whenever you need them – including Marketing, Recruitment and Food and Drink specialists.
- All their Pub Partners get access to their FREE Learning, Development and Training platform Campus (a package worth over £300!).
What they expect from you:
Their Retail Agreement is a proven business-model, perfect for entrepreneurs who can drive sales, standards and guest experience.
In addition to the £5k security deposit required for this agreement, you will need to cover legal costs (£360 inc VAT), and your own insurance (except building insurance, which they’ll cover). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters.
Before they all sign the agreement and see you heading into a whole new life, you’ll just need to show us proof that you’ve had independent financial and legal advice and have completed a sustainable business plan, in accordance with the Pubs Code. And, of course, obtain your personal licence (ask a member of their team about booking this course free of charge with us) and complete your induction training.
It’s a five-year commitment, so you have loads of time to build the business and get it performing brilliantly but, if you do want to leave early, there’s always the option of six months’ notice with a ‘break’ clause in the contract