Birmingham-based multiple operator Bitters ‘n Twisted Venues has reported an increase in turnover for the year ending 31 August 2012 of 64% to £4.6m across its six venues thanks to the maturing of a number of its sites.
Like for like sales increased 29% to £3.6m, while pre-tax profits in the period climbed by 39% to £458k.
The group said that it continued to see solid growth across its sites in the current year and that “significant cosmetic investment has been taking place throughout the year to develop the sites further”.
Matt Scriven, managing director of Bitters ‘n Twisted Venues, said, “The period has seen an excellent performance for the group and we continue to focus on offering great quality venues in Birmingham. Much of the increase in sales and profitability is due to the maturing of a number of our sites and the steady sales increase this has seen as a result of greater awareness by customers of what the venues offer.
“Training and Development of staff has increased in priority with the appointment of a manager during the year to spearhead new initiatives.
“Our approach of taking down-at heel sites, carrying out targeted refurbishments and completely overhauling the food and drink offering has resulted in strong turnarounds at all our sites. Our runner up spot at the Publican Awards for Best Drinks Offer helped confirm that we are on the right track for delivering great quality, choice and service to our customers.”
