Out of home alcohol sales are still performing well in the UK. In fact, this is a £22 billion market. Not least as budget conscious British people are finding new ways to entertain themselves and socialise, to lift their spirits. Pubs and bars have responded by adding live music, quizzes, innovative drink ranges and food theme nights to draw in customers. Another trend though, is for independent or smaller hospitality businesses to be priced out. Acquisitions and mergers are common, proving that there is strength in numbers, and mutual support can help pubs and bars to prosper.
So how can you become your own boss in this dynamic sector? The answer is likely to be a pub and bar franchise. Many of the big name pub and bar chains are on the lookout for ambitious entrepreneurs who want to open an outlet in their area.
Franchise packages are available from companies such as Marston’s Pubs, one of the leaders in this field, and the Sports Bar group. Star Pubs & Bars are part of the global Heineken brand and offer various levels of support for new venues, as does Greene King. Bottega offers a cocktail and prosecco bar franchise, and Veeno is a niche franchiser establishing Italian wine cafes.
The choice of options is substantial, depending on your interests, experience and the amount you want to invest in becoming self-employed. Bar and pub franchises are many and varied, and can include you taking over an existing premises, or creating your own.
You could start up independently, but that would mean missing out on vital business management support, preferential supply chains, training and a wealth of marketing help.
To get the right deal on your pub or bar franchise, and to avoid drowning your ambitions in a sea information, we can help match you with the best options.