Revolution Bars Group sees “huge potential” for Peach Pubs across the country, with a focus on premiumisation, optimising outdoor spaces, and marginal gains on sales, according to chief executive Rob Pitcher.

Speaking on an investor call last week, Pitcher said the group sees “strong scope for growth” following its successful acquisition of Peach and also sees the premiumisation trend continuing.

Founders & Co, the group’s take on a food hall concept, continues to trade strongly and will be expanded when the time is right, he added.

“Founders provides a growth opportunity. We seek to expand it when we’re able to…we have eyes on a second site but our priority is to pay debt down before opening new sites.”

The two-strong Playhouse experiential concept, designed to take over underperforming Revolution sites, is highly profitable – with a large proportion of income coming from gaming machines, according to Pitcher.

Despite a decline in like-for-like sales in the group’s bar business, the Revolucion de Cuba brand is outperforming the bar market and “back up to growth” following the completion of a brand proposition refresh as well as initiatives to drive spend and frequency.

The brand has also benefited from its experience-led offers – such as cocktail masterclasses and brunches, both up 57% year-on-year – and a rise in corporate bookings and other prebooked events.

While the Revolution brand remains challenged, the group is proactively managing the estate – with two recent disposals – and undertaking a strategic brand proposition review, according to Pitcher.

Footfall driving initiatives, such as extended promotions and offers plus targeted marketing, have benefited the brand, along with a strong student return.

“It shows consumers love the product but just can’t access it,” Pitcher said. “We’ve closed some lossmaking bars…reviewing the bottom end of the estate remains a focus going forward.

“We have a supportive bank and are primed to capitalise when conditions improve.”