All Pubs articles – Page 19
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NewsStrong performance in pubs and inns boosts overall sales at Thwaites
Thwaites saw turnover in its pubs and inns business increase by more than 8%, from £48.6m, to £52.7m, for the full year to 31 March 2019. EBITDA rose from £16.5m to £17.9m and operating profit was up by £1.6m to £14.3m.
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NewsRedcomb founders secure first site for new venture
Redcomb Pubs’ founders Dan Shotton and Mark Draper have acquired their first site under new venture Prospect Pubs & Bars and are “actively looking” for more.
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NewsBucks & Berks operators taken on third site with Star
Buckinghamshire and Berkshire Star Pubs & Bars operators Carlos Maidana and Joy Roberts have opened their fourth site – The Oarsman, in Marlow.
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NewsPivovar sets out revised growth plan for Thornbridge JV
Pivovar’s 50:50 joint venture (JV) with Thornbridge has started to gain traction as the partners increase the number of sites they believe they could initially open, MCA has learnt.
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NewsPeach to reinvest in pubs following decision to end sales process
Peach Pubs has returned to “business as usual” as it continues to invest in its pubs rather than put its head back above the parapet for prospective buyers.
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NewsBrakspear adds site number 14 to managed estate
Brakspear has acquired the Nag’s Head in Abingdon from a private landlord, which will take its expanding managed estate to 14 sites, MCA has learnt.
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NewsHeartstone eyes further growth after solid FY18
Heartstone Inns, the south of England-based pub operator, has said it is closing in on further acquisitions, as it revealed sales up 7.5% in 2018 to £11.1m.
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NewsBrewDog to trial honesty bars
BrewDog is to allow its 106,000 Equity Punks crowdfunders to pay what they like for beer and food across its bars next week.
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Inglenook builds freehold estate with additional four pubs
Inglenook Inns and Taverns has boosted its freehold estate with the acquisition of four further pubs last month, taking its total to 12, MCA has learnt.
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NewsUrban Village Pub Co negotiates on further funding for growth
Urban Village Pub Company is negotiating further funding that could see it raise at least £5m to help it towards its 15-20 pub goal within the next two to three years, MCA has learnt.
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NewsWadworth to sell 24 pubs
Wadworth, the Wiltshire-based brewer and pub operator, has put 24 sites up for sale following a review of the estate.
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NewsNewRiver to double capex as it eyes further growth
NewRiver, owner of more than 670 pubs, has revealed ambitions to double capital expenditure this year to £5.6m in its pub estate as it eyes “a number of sellers of assets” to drive its growth.
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NewsBurger Shack is still a growth opportunity for us, says Dardis
Young’s Burger Shack concept is still a growth opportunity for the business, chief executive Patrick Dardis, told MCA.
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NewsCamerons launches new pub brand
Camerons Brewery has launched a new manged estate sub-division which it says is ripe for expansion alongside further growth for its Head of Steam chain.
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NewsSt Austell acquires Exmoor pub
St Austell Brewery has acquired its first site in Exmoor National Park - the Bridge Inn in Dulverton.
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NewsBuff & Bear has potential for up to 12 sites
Former Geronimo Inns managing director Ed Turner is looking to expand his Buff & Bear Saloons business to achieve a small independent group with a maximum of 12 pubs, MCA has learned.
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NewsStonegate to convert Slug & Lettuce site to Tank & Paddle
Stonegate Pub Company is looking to convert a further site to its Town Pub & Kitchen format, to sit under the Tank & Paddle brand.
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NewsBrewDog closes in on first franchise site
BrewDog has updated its manifesto of pledges across the business, six months after its Blueprint was launched.
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NewsJW Lees appoints former Hallmarks Hotels MD
JW Lees has appointed David Grosfils, the former managing director of Hallmark Hotels, as its new director of operations – hotels & inns.
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NewsEi Group expects managed lfls to level out
Ei Group chief executive Simon Townsend has told MCA he expects like-for-like growth in the group’s managed estate to level out to 3% to 4% as the business matures.