Parogon Pubs, the Staffordshire-based operator, has secured a new facility with Santander as it seeks growth to 10 sites in the short term.
Co-founder Richard Colclough told MCA that the group had a three-pronged growth strategy and was looking to grow its gastro pub, Orange Tree bar & grill and Blockhouse smokehouse offers.
The currently four-strong operator is set to open its first outside its Staffordshire heartland with the launch of the Boars Head in Walgherton, Cheshire, in July.
This will be followed by the Seven Stars in Brocton, near Stafford – a Mitchells & Butlers lease which will open at the end of the year,
The group is also currently planning a major refurbishment of the Broughton Arms, near Betley, with an opening likely in March 2018.
Colclough said: “Those three sites are going to keep us busy for the year but we have got a facility arranged with Santander in January if the right sites come up. At least by the end of the year we’ll be looking to do that.
“We have our three core offers and that give sus flexibility on the kind of sites we are looking at. We have the opportunity to look at retail parks and other sites.
On the geography for expansion, he said: “We definitely want to grow out instead of leaping somewhere completely new. We’d look out into Shropshire, the south Staffs belt, potentially further into Cheshire as we get a bit bigger.”