Be At One, the privately-owned London bar operator, has reported a 25% increase in like-for-like (LFL) sales. Announcing underlying profits (ebitda) of £1.1m, the company said that LFL sales at its core estate – bars open for two years – had gone up from £3.1m to £3.9m. Co-founder and director Rhys Oldfield said that the like-for-like performance had been achieved without significant capital expenditure. He said: “The business is doing very well. We are just trying to stick to what we’re good at, which is serving great cocktails, and to do the basics very well.” The group said that total sales had jumped 67% to £5.1m on the back of new openings. The company, which is wholly owned by Oldfield and fellow founders Rhys Oldfield, Leigh Miller and Steve Locke, has eight bars – in Balham, Battersea, Clapham Common, Covent Garden, Hammersmith, Putney, Richmond and Soho. The results covered the year ending March 2009. Oldfield said that the group was currently in negotiations over a further two sites.