Self-Employed Pub Business Partner

Pub:
Hogget
Hook
Pillar Agreement
Apply

Overview

The Hogget is situated in on a busy intersection of the A30 London Road in Hook.
It currently trades as a very successful BBQ Rib and Burger House with a fantastic food offering complimented by a great drinks range.

As you arrive at the Hogget there is a large car park and an outdoor seating area with big benches and parasols extending the covers the pub has. As you enter there is a small bar in front of you, the main dining area to the right and over to the left is additional dining and a smaller raised area which could also be used for private functions.

This is an exciting opportunity, and we are looking for an operator with bundles of enthusiasm and a passion for great food and excellent hospitability to continue driving this wonderful gem of a business. Whether it continues in its current capacity, or you have a different style offering, we are excited to hear from you!


The Opportunity

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.