Star Pubs Management Agreement - Kings Arms Cheltenham - Cheltenham

You will receive 20% to 30% of the net revenue calculated on a weekly basis. From this you'll pay the pub staff, who you employ, your own income and any business expenses not covered by us. The percentage will be fixed at the start of your agreement. However, it will be reviewed on a six-monthly basis and depending on food take may be increased or decreased by Star Pubs giving notice to you. On top of that, you'll also receive a 20% share of the net operating profit, which is calculated and paid on a quarterly basis. This amount is uncapped and fixed across all sites.

Attitude is more valuable than experience. If you've got the following, we'd love to hear from you.

• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with customers, If you're enthusiastic and retail focused, you're exactly what we're looking for. You don't need to have any specific industry experience, you simply need to be up for the challenge and be passionate about pubs. So, if this sounds like you, get in touch!
  
  The Kings Arms is located in the town of Cheltenham. The pub is surrounded by shops, food and retails outlets and mixed housing.
Demographics: The pub benefits from being one of two pubs found in an area of around 4800 adults. The majority customer base is made up of young single adults, midlife families with young children and mature adults. There is also a large student contingent in the area., Think Bigger, with a Just Add Talent Management AgreementSo, you're interested in being self-employed and running a pub business?Well, you're in the right place. Just Add Talent is an exciting opportunity that puts hard-working and talented people like you in charge of running our pubs. What's more, you'll have us by your side throughout, offering the help and support you need to succeed.


• Courtyard outside trading area
• Darts, pool and gaming machines
• TV's to show BT & Sky sports events
Private Accommodation The private accommodation consists of 3 bedrooms, a kitchen, Bathroom and a lounge. Pub Financials Pub Financials Icon Estimated On Target Earnings £43,484 Ingoing Costs £4,000 Estimated Annual Turnover £303,556 The above figures are provided as a guide only and will be finalised as part of the commercial agreement.