Mid-market private equity firm, Graphite Capital, has acquired the fast-growing pub and restaurant business, New World Trading Company (NWTC), in a £50 million transaction. Founded by the owners of Living Ventures Group, the late Tim Bacon and Jeremy Roberts, in 2011, NWTC now operates 14 pub/restaurants nationally under five sub brands: The Botanist, The Oast House, … [Read more...]
All Ale the Queen! Young’s & Geronimo Inns create a limited edition beer for Her Majesty
This June, our dear ma’am will be celebrating her monumental 90th birthday, and to mark the occasion Young’s have created a special, limited edition beer available across all Young’s and Geronimo Inns’ pubs – All Ale the Queen! In addition, free G&Ts will be offered at all venues, and a series of fun-filled, action-packed events will be taking place across various … [Read more...]
BBPA releases 2016 benchmarking data for tenants and lessees
The BBPA has today released the updated 2016 cost guide for tenants and lessees. The information provided is intended to help those wishing to take on a tenanted or leased pub business to be as well informed as possible about the costs involved in running a pub. When developing business plans, and the negotiating over leases and tenancies in the UK pub trade, it is very … [Read more...]
iNTERTAIN launches new concept american sports lounge and stick hall
iNTERTAIN has launched a brand new venue; Felson’s Sports Lounge and Stick Hall. The £250,000 warehouse-style venue takes its inspiration from 1950s American eight-ball legend ‘Fast Eddie Felson’ and the members clubs he used to play in. Felson – who set a world record for potting 22 balls in a single shot – would coolly play for tens of thousands of dollars at a time and it … [Read more...]
BII announces winner of licensee of the year award
The BII (British Institute of Innkeeping), the leading professional body for the UK’s licensees, is thrilled to announce the winner of the coveted Licensee of the Year Award for 2016 is Rob and Lucy Brewer from the Rashleigh Arms. Beating a shortlist of six licensees, Rob and Lucy Brewer were commended by the esteemed judging panel for their enthusiasm as well as experience. … [Read more...]