Pubs, Bars & Clubs News – Page 400
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NewsStonegate's Bramwell package includes Varsity but not Wild Lime
The 78 former Bramwell Pub Company sites acquired by Stonegate include about a dozen within Greater London and seven Varsity-branded student pubs, although its three new Wild Lime sites and its first premium concept are not part of the deal
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NewsStonegate acquires Bramwell portfolio
Stonegate Pub Company, the TDR Capital-backed group, has completed the acquisition of 78 sites from the administrators of Bramwell Pub Company, in a deal that is believed to be valued at around £35m, M&C Report understands
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Hansen: 2013 a turning point for pub market
This year will prove to be a “turning point” in the pub market, Sapient Corporate Finance founder Peter Hansen has predicted. Speaking at M&C Report’s Pub Retail Summit, he predicted banks would start to “loosen up” - and clearing banks would begin “piling back into the market”.
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Kings Park-backed Inn Collection up to four
Inn Collection, the northern England-based coaching inn operator, has secured its fourth site days after Kings Park Capital (KPC) made a £10m investment in the business, M&C Reporthas learnt
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Players Bar secures Birmingham Bliss site
Players Bar, the sports café concept, has secured the former Bliss nightclub unit in Birmingham for the opening of its fourth site
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Faucet Inn to reopen the Refectory
Faucet Inn, the London-based company led by Steve Cox, is to reopen The Rectory site in London’s Hampton Hill, over three after the site was closed for redevelopment
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NewsBath Ales to operate Colston Hall sites
Bath Ales and Colston Hall have have announced that they will be joining forces to create a locally inspired Café Bar and restaurant destination within the South West’s leading concert hall
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NewsOrchid reports impressive ROI
One year on from the start of its company-wide £20m investment programme Orchid Group, in which private equity and trade buyers are showing an interest, has reported impressive returns across its estate
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NewsPunch wins business award for lease agreement work
Punch Taverns was announced Business Enabler of the Year at the National Business Awards at the Grosvenor House in London last night
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City Pub Co FY turnover to reach £7m; reveals acquisition targets
City Pub Company, the Enterprise Investment Scheme (EIS)-funded pub operator, expects turnover to reach £7m in 2013 and is targeting seven acquisitions under its forthcoming £10m fundraising drive, co-founder Clive Watson has told M&C Report
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NewsEnterprise tells Government it will cap drink price rises
Enterprise Inns has made a pledge to the Department of Business Innovation & Skills (BIS) that it will implement a cap on tied price rises
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Evan Evans to set up new pub vehicles
Evan Evans, the South Wales brewer and pub operator, is to set up three separate companies as vehicles for future pub acquisitions, M&C Report has learnt
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Pivovar builds pipeline
Pivovar, the craft beer pub operator and beer importer, has revealed the next stage of its growth to M&C Report, with planned openings in Harrogate, Nottingham and Birmingham following a launch at the Trinity Centre in Leeds
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NewsEnterprise FY lfl net income 'to fall c3%'
Leading analyst Douglas Jack has predicts that Enterprise Inns will report a c3% fall in like-for-like net income at its full-year results on Tuesday, and predicted its shares are “likely to have a flat year” in 2014 if like-for-like net income growth does not occur
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Jack predicts Fuller's H1 PBT of £18m
Leading analyst Douglas Jack has forecast that Fuller’s will report a pre-tax profit of £18m in H1, up from £17.1m in the first half of 2012
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JDW acquires Punch site
The Crowborough Cross, a substantial public house that has been closed for sometime, has been acquired JD Wetherspoon from Punch Taverns
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Clapham next for Craft Beer Co
Craft Beer Co, the craft beer pub operator led by Martin Hayes, has secured a fifth site, in Clapham, as it predicts a “tranche” of future acquisitions
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NewsMore departures likely from Bramwell
M&C Report understands that more departures from Bramwell Pub Company are likely over the next few weeks, after the group built up an experienced management team since its formation last year
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NewsFlagship Living Room site on the market
The flagship Living Room site in London’s Heddon Street has been placed on the market after the landlord declined to assign the lease to new operator Stonegate Pub Company
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NewsLoungers reaches 40
Loungers the Piper-backed cafe bar operator, will open its 40th site on 20 November near Liverpool