All Pubs articles – Page 210
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G1 buys five sites, FY EBITDA grows 5.5%
Scottish hospitality operator G1 Group has announced that it has bought five new restaurants - and said acquisition activity is ‘picking up’ - as it reported a 5.5% rise in EBITDA to £17.2m in the year to 31 March 2014
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Wellington FY PBT grows 39.9%
Wellington Pub Company, the free-of-tie leased pub group, has reported a 39.9% rise in pre-tax profits to £9.4m in the year to 31 March despite turnover dipping 1.4% to £26.8m
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Greene King 'can justify expected price for Spirit'
Greene King is likely to have to offer between 110p and 120p per share for Spirit Pub Company, an amount that can be justified from a multiple of earnings perspective, according to leading analyst Nick Batram
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New pub on wheels venture launched
Pubs On Wheels (POW), a new venture in which Cirrus Inns has taken a majority stake, has been launched with plans to grow to 20 vehicles over the next five years
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Harvester rolls out unlimited breakfast offer
Mitchells & Butlers (M&B) has rolled out its unlimited breakfast offer across its entire c200-strong Harvester estate
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Everards and Next agree brewery development plan
Leicestershire brewer and pub operator Everards has announced an agreement with retailer Next to jointly promote the land currently occupied by its brewery for retail development
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Hydes eyes more managed conversions
Hydes, the Manchester-based brewer and pub operator, will bring up to another three tenanted pub sites to management as it grows its estate with a focus on food and accommodation, M&C Report has learnt
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BrewDog makes living wage commitment
BrewDog, the Scottish brewer and pub operator, has made a commitment to pay all its UK 314 staff at least the living wage
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Hawthorn in exclusive talks for Nectar
Hawthorn Leisure is believed to have entered exclusive talks to acquire Nectar Taverns, which operates 25 wet-led freehouses in the North West
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Lloyds Bank approves Punch restructure
Punch Taverns has just one more hurdle to jump before its restructure is confirmed, after the plan was approved by Lloyds Bank on Thursday
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Upham eyes new funding sources
Upham Pub Company has ruled out national expansion as it seeks alternative forms of finance for its next round of acquisitions, with a current focus on preference shares and the possibility of an IPO
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Revere to introduce smoked menu
Revere, the Marston’s-owned premium bar and pub operator, is introducing its first smoked menu and would consider adding it to other sites, managing director Colin Sadler has told M&C Report
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Hydes back on acquisition trail
Hydes Brewery, the Manchester-based brewer and pub operator, has acquired three freehold sites this year marking a return to the acquisition trail after streamlining the company
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Simpson joins Enterprise as divisional director
Dan Simpson, formerly head of retail operations at SA Brains, has joined Enterprise Inns as a divisional director
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Star Pubs & Bars operator takes third site
A multiple operator in Romsey has taken the lease of her third site, the Tavern, from Star Pubs & Bars that is renamed the Phoenix Bar & Eatery
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Enterprise begins managed expansion
Enterprise Inns has revealed it will have 10 directly managed sites by mid-November
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Brakspear targets food sales growth
Brakspear has appointed its first executive chef, who will be tasked with developing food sales across its managed pubs
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Bloomsbury secures Manchester Tap site
Bloomsbury Leisure, the pub and leisure venue operator led by Jonathan Dalton, has secured a site in Manchester for its beer-focused pub concept, M&C Report has learnt
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Veeno eyes crowdfunding rollout
Italian wine café Veeno has launched a crowdfunding campaign and aims to open four new sites by June 2015
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Stonegate unveils new menu for locals arm
Stonegate Pub Company is adding pulled pork, beer and Bourbon and piri piri chicken with chilli slaw to the new menu for its 69-strong local pubs arm