Treat time boosts Krispy Kreme There's a Krispy Kreme concession near the office where Diary is an all-too-regular visitor. Companies House accounts show Diary is but one of a legion of regulars plumping up their waistelines. The company reports 67,000 people per week visit Krispy Kreme stores. Ebitda for the moast recent financial year to 31 January 2010 stood at £3,479,000 with turnover of £29,674,000. Pre-tax profit was £1,168,395 and Santander took over Anglo Irish Bank's existing liability last February to fund the company's expansion plan for the next five years. The company said it remains confident that "its guests will continue to treat themselves". Alas, it's true. Real Greek battle hots up Diary understands that Luke Johnson. the serial restaurant investor, is facing competition in his bid to acquire the six-strong Real Greek chain from a man who knows the business inside and out, ex-Clapham House chairman David Page. Now a shareholder in the Franco Manca pizza chain, Page always had a soft spot for Real Greek and although it never fitted in with the larger growth plans for Gourmet Burger Kitchen, we think it might make a nice fit alongside or absorbed within his new venture. Upping the value of your club: rule one What's an open and trading nightclub worth compared to a closed one? Administrator for Cougar Leisure, Begbies Traynor, reports that View in Manchester, held on a 999 year lease with a peppercorn rent, was valued at £1.1m in May 2010 by Christie + Co. The property agent told Begbies that ceasing to trade could reduce the realisable value by 50%. Not unnaturally, it remains open while a buyer is sought. Pub values at Admiral Admiral Taverns, the tenanted pub operator set up originally by the Landesberg and Rosenberg families, has had its fair share of travails. But you'll have seen the M&C Report exclusive that debt was reduced by £47m in the first seven months after Lloyds swapped debt for equity. Diary hears that in total more than £100m has been wiped off the Lloyds debt pile. Word is that the bank will be looking to exit 18 months from now with some talk of a management buy-out. The latest accounts, filed at Companies House, provides interesting working figures for multiples of value. Admiral assigned a book value of 6.25 times for its freehold and long leasehold properties. A slightly higher multiple of seven times earnings is attributed to pubs in the turnaround division on account of earnings being depressed anyway. And for short leasehold pubs with a lease of less than ten years, there's a value of two times earnings. No Saints, new sites? Former Luminar boss Steve Thomas is doing his own thing in a newish company called No Saints, you'll know. Diary hears that No Saints is about to take a quantum leap. New funding is likely to mean the company is set to be running as many as 20 sites within a few short weeks. As ever, you'll hear the details first on M&C Report. Miller & Carter on the up Former Mitchells & Butlers (M&B) chief executive Tim Clarke used to describe its steakhouse concept Miller & Carter as the departing gift of restaurant division boss Tony Hughes. The latter had studied steakhouse concepts in the United States and was convinced there was a market niche here for M&B. Four or five years after its launch it's doing rather nicely with around 20 sites. Latest openings come from the Ha Ha Bar & Grill conversion hopper: a site at the Mailbox in Birmingham, opened last Friday and a second, in Liverpool's Albert Dock, close to multi award-winning Beatles Story tourism attraction, opens this coming Friday. Yum's the word for Carlsberg high flyer Impressive Carlsberg marketing executive Tim Foster runs a couple of top-notch pubs in the south-east. His company has operated under the tag of Barhub for the past four years. No longer - Foster and his partners have changed it to Yummy Pub Company. Er, why? He says: "What better word evokes friendliness and best describes our product (whether it be food, drink or charm) than Yummy. A few peers and friends have laughed at our derived new name, but that's exactly what we want. The day we take ourselves to seriously is the day we stop enjoying what we do, the day the quirkiness and personal character disappears and we just become another run of the mill corporate business." Stringfellow profits still on the up The recession doesn't seem to have clipped the wings of the Stringfellow lap-dancing empire. Latest accounts for the year to 30 June 2010 show turnover up for the year from £8.59m in 2009 to £8.7m. Profit before tax was £732,397 compared to £564,686 for the year before. The directors report describes the business as being of a "non-complex" nature. Highest paid director, presumedly Peter Stringfellow, was paid £134,739 although there was a further £942,000 paid by subsidiary undertakings split between three directors. X-presso Factor star joins Molson Coors Lucky operators in the north east can expect a glamorous surprise when they are visited by one of Molson Coors' new field sales executives (FSEs). Former X Factor contestant Emily McNamee, of the girlband Bad Lashes from 2008's series, is among the brewer's 25 newly-appointed FSEs, whose job will be to help licensees drive sales and pour perfect pints. Diary hears that Emily is much more than a pretty face and a good set of lungs; while in her late teens, she managed to secure a bank loan to set up and run a cafe, Caffe Lucia, in her home town of Jesmond in Tyne & Wear. But lets just hope that the harsher Simon Cowellisms haven't rubbed off when she deals with the region's retailers.