Self-Employed Pub Business Partner

Zoek Pin Ludlow, Shropshire, England

Competitive

Permanent (Full time)

Recently Posted

The Wheatsheaf is located in the historical town of Ludlow just a short walk to the Castle and Market Square. Ludlow is a fantastic tourist town attracting visitors throughout the year and with the Wheatsheaf located within one of the original gates to the town it is in a fantastic location. The pub itself has a cosy trading area with seating for dining throughout and a fantastic large open fire for those colder months. The Wheatsheaf also benefits from 5 letting bedrooms that are extremely popular with tourists to the area.

With its ancient Castle and peaceful back streets exploring Ludlow is a real pleasure. It has a vibrant friendly feel combined with over 900 years of history. There is a traditional open-air market that takes place in the square 3 days a week and numerous festivals and events that take place throughout the year, including Ludlow Food and Drink Festival and the Medieval Christmas Fayre.

You can have the best of both worlds with our new and exciting Pillar Agreement. Support is key for this turnover-share agreement which shares the risk and the opportunities between both parties, creating a partnership and focus to give your guests a first-class experience. We share the net sales and some of the cost base – building a deal that gives both parties a solid base to build and grow a profitable business.

• The option to leave your old life behind and be your own boss
• Live rent-free in the pub
• Marston’s will pay your utilities for you – lighting, heating and water
• Between us we will agree the wet product range to support your food offer.
• You retain an agreed percentage of all income streams (net of VAT) and have full control over your food offer and accommodation (where applicable)
• Low ingoing costs
• Marston’s will take responsibility for all repairs and decoration both internal and external, (except the private residential accommodation).
• No service charge applies to this agreement
• Have your Broadband, cutting-edge EPOS system and online booking tools (where appropriate) supplied by Marston’s
• Fixtures and fittings would be owned by Marston’s
• Keep 50% of the profits from any gaming machines
• Offer the award-winning range of fantastic Marston’s beers, wines, spirits and minerals
• Have your drinks stock supplied and paid for by Marston’s
• Expert induction training plus on-going training and support from your dedicated Business Development Manager and support teams

Things to consider
You’ll need to put in a £5k deposit, plus legal fees and monies to cover your insuring obligations under the agreement (except building insurance, which we’ll pay for and recharge to you). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters. We’re on-hand to offer guidance as you plan your business overheads, like business rates (and your own residential Council Tax).

Before we all sign the agreement and see you heading into a whole new life, you will need to show us proof that you have taken independent financial advice from a suitably qualified accountant on your business plan and professional advice from a solicitor, in accordance with the requirements of the Pubs Code Regulations. And, of course, obtain your personal licence (which we’ll help with) and complete your induction training.

This is a five-year commitment, so you have plenty of time to build a successful business. However, if you do want to leave early, there is a break option in the agreement which entitles you to give six months’ notice to terminate.

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