| Anyone fancy taking on the Station Hotel? 10:43 - Feb 6 with 1864 views | SitfcB |
Would be good to turn it into a home fans pub 
Especially when Norwich visit.
https://www.greenekingpubs.co. |  |
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| Anyone fancy taking on the Station Hotel? on 11:06 - Feb 6 with 1750 views | Swansea_Blue |
Forecast profit £42k, and that’ll be optimistic just for the sales blurb I imagine. A couple moving in, maybe £20k each annual salary if they’re lucky. £5k less than the minimum wage and I bet the hours are longer.
You can see why pubs are shutting everywhere.
I’m sure it’d be a great opportunity for someone though  |  |
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| Anyone fancy taking on the Station Hotel? on 11:18 - Feb 6 with 1690 views | _CliveBaker_ |
| Anyone fancy taking on the Station Hotel? on 11:06 - Feb 6 by Swansea_Blue |
Forecast profit £42k, and that’ll be optimistic just for the sales blurb I imagine. A couple moving in, maybe £20k each annual salary if they’re lucky. £5k less than the minimum wage and I bet the hours are longer.
You can see why pubs are shutting everywhere.
I’m sure it’d be a great opportunity for someone though |
Guess it depends if salaries are included in the £500k cost base assumption. Cost of Goods will be a big chunk of that between forecast T/O and profit. If there's a couple of salaries in there plus the ability to extract a dividend from the profits after tax at 8% tax then it might offer a decent enough lifestyle. As you say the hours are tough though, the fact so many pubs are hitting the market and selling up probably tells you what you need to know about their viability. I do think 'destination' food led pubs can thrive, but that isn't ever going to be one of them.
I'm not sure selling pints to p1ssed and drugged up away fans every fortnight would be top of my list. |  | | |
| Anyone fancy taking on the Station Hotel? on 11:23 - Feb 6 with 1660 views | Swansea_Blue |
| Anyone fancy taking on the Station Hotel? on 11:18 - Feb 6 by _CliveBaker_ |
Guess it depends if salaries are included in the £500k cost base assumption. Cost of Goods will be a big chunk of that between forecast T/O and profit. If there's a couple of salaries in there plus the ability to extract a dividend from the profits after tax at 8% tax then it might offer a decent enough lifestyle. As you say the hours are tough though, the fact so many pubs are hitting the market and selling up probably tells you what you need to know about their viability. I do think 'destination' food led pubs can thrive, but that isn't ever going to be one of them.
I'm not sure selling pints to p1ssed and drugged up away fans every fortnight would be top of my list. |
Ah yes, I suppose salaries could be factored in. They’re being hit on all fronts aren’t they. People can’t afford the prices when a 4 pack costs the same as a pub pint. It’s surprising how many people don’t drink these days too; the recently announced survey said it was 24 % of all adults. Good for the NHS but not for pubs I suppose. Foodie pubs do seem to be the future. | |
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| Anyone fancy taking on the Station Hotel? on 11:33 - Feb 6 with 1613 views | Blueschev |
Back in the Royle days it used to be for both home and away fans and it was great. It was good to have a beer and a chat with some of the visiting fans, who also had the Drum if they wanted to stick to their own. |  | | |
| Anyone fancy taking on the Station Hotel? on 20:20 - Feb 6 with 1141 views | jontysnut |
Shame - I used to go to WRP meetings there late 70s and used a back room for band practice. Like a documentary version of Citizen Smith. |  | | |
| Anyone fancy taking on the Station Hotel? on 21:26 - Feb 6 with 922 views | catch74 |
I think you’d have to buy it outright, in the current climate with tied GK prices you’re on a hiding to nothing. |  |
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| Anyone fancy taking on the Station Hotel? on 22:46 - Feb 6 with 700 views | redrickstuhaart |
| Anyone fancy taking on the Station Hotel? on 21:26 - Feb 6 by catch74 |
I think you’d have to buy it outright, in the current climate with tied GK prices you’re on a hiding to nothing. |
Dont know if its still the case. But GK used to have an internal system they called "cloaking". Which was the accounting systems in place via which they hid the much better prices they charged external customers/ pubs, from the tied / tenanted pubs who got charged more for the privilege of being GK. |  |
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| Anyone fancy taking on the Station Hotel? on 23:00 - Feb 6 with 649 views | Meadowlark |
It was a knocking shop back in the old days
Am I allowed to say that?
I sometimes used to pop in for a pint if I was between trains on my way home and was propositioned in a charming way by some of the ladies in there. |  | | |
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| Anyone fancy taking on the Station Hotel? on 23:46 - Feb 6 with 555 views | catch74 |
| Anyone fancy taking on the Station Hotel? on 22:46 - Feb 6 by redrickstuhaart |
Dont know if its still the case. But GK used to have an internal system they called "cloaking". Which was the accounting systems in place via which they hid the much better prices they charged external customers/ pubs, from the tied / tenanted pubs who got charged more for the privilege of being GK. |
The pub down the road from me was Gk, they happily put a couple in with zero experience and gave them 5 weeks training. The couple got the floor and various other jobs done through GK - ‘it’s ok we won’t charge you we can just add a small amount to your barrel cost.’
They were there a year and sunk their life savings in trying to make it work. Went bankrupt, the husband became an alcoholic. Left penniless.
I asked them about there barrel costs - at the time £150 for Foster’s - I could get it for £85. I think they were doing 4 barrels a week, that’s £260 missing profit per week on one product.
I spoke to someone who recruited managers for similar companies. They looked for people with no experience, that wouldn’t understand the cost implications and would help upkeep and often improve their asset.
Things are far harder now and I just don’t think they’ll find many people to take the risk. I wonder if you can pin them down for much better deals now. | |
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| Anyone fancy taking on the Station Hotel? on 00:09 - Feb 7 with 519 views | stonojnr |
| Anyone fancy taking on the Station Hotel? on 23:46 - Feb 6 by catch74 |
The pub down the road from me was Gk, they happily put a couple in with zero experience and gave them 5 weeks training. The couple got the floor and various other jobs done through GK - ‘it’s ok we won’t charge you we can just add a small amount to your barrel cost.’
They were there a year and sunk their life savings in trying to make it work. Went bankrupt, the husband became an alcoholic. Left penniless.
I asked them about there barrel costs - at the time £150 for Foster’s - I could get it for £85. I think they were doing 4 barrels a week, that’s £260 missing profit per week on one product.
I spoke to someone who recruited managers for similar companies. They looked for people with no experience, that wouldn’t understand the cost implications and would help upkeep and often improve their asset.
Things are far harder now and I just don’t think they’ll find many people to take the risk. I wonder if you can pin them down for much better deals now. |
theyll happily accept people who sign up for tenency, why wouldnt they ? theyre a business, its up to the people signing up to do the leg work to understand what theyre signing up to, theyre not a charity and theyre not there to help inexperienced.
and for sure seen this loads of time in real life, and lots of those reality style tv documentaries, a very naive couple think, we can run a pub, its easy isnt it you just have to sell beer and chat to the locals.
when the reality is its hard work even if youre in control of alot of the aspects of your pub about what beer you buy, for how much, and so on, when youre a tenant its near impossible, because you know what happens when they do make it a success and actually start making a profit on £150 barrel costs of fosters, the pubco puts your rent up. | | | |
| Anyone fancy taking on the Station Hotel? on 04:05 - Feb 7 with 368 views | Benters |
| Anyone fancy taking on the Station Hotel? on 11:33 - Feb 6 by Blueschev |
Back in the Royle days it used to be for both home and away fans and it was great. It was good to have a beer and a chat with some of the visiting fans, who also had the Drum if they wanted to stick to their own. |
yes it was my first port of call after getting off the train,it was a decent pub and I never once saw any trouble in it.
The pub trade is a very hard trade to be in now,but this one is in a decent place if you can’t make that work being so close to the station something isn’t right.Perhaps it should become a Spoons,I reckon one of those would do well there.
After paying £5.60 for a Carlsberg the other day in Colwho and for the same £2.80 in the spoons I will stick to the spoons me thinks. |  |
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| Anyone fancy taking on the Station Hotel? on 04:36 - Feb 7 with 359 views | Benters |
| Anyone fancy taking on the Station Hotel? on 23:00 - Feb 6 by Meadowlark |
It was a knocking shop back in the old days
Am I allowed to say that?
I sometimes used to pop in for a pint if I was between trains on my way home and was propositioned in a charming way by some of the ladies in there. |
‘Would you like a flake in that love’ that kind of thing? | |
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