Greene King Pub Partners, the leased, tenanted and franchise business unit of Greene King, has opened two more Hive Pubs for a combined investment of £970,000 – bringing the total number of Hive Pubs sites to 57.
The Otter in Drayton near Norwich has reopened as The Old Mill after a £445,000 investment, transforming the former Greene King managed pub into a Hive Pub. It will now be operated by franchisees Mark and Carol Wenn.
The Broken Cross in Rudheath, Cheshire, has also reopened as a Hive Pub after a £525,000 transformative investment by Greene King Pub Partners. The pub will be operated by franchisees Samantha and Nick Garland.
Both investments in The Old Mill and The Broken Cross have been used to fully upgrade the pubs ready to deliver the Hive Pubs franchise proposition, including upgraded bars and décor throughout both sites in line with the Hive Pubs look and feel.
As Hive Pubs, both The Old Mill and The Broken Cross will serve a series of signature dishes exclusively available in Hive Pubs that feature “Hot Honey”, as well as Hive Pubs specific offers such as Pizza and Moretti Wednesdays and a steak dinner for two offer on Thursdays.
A Hive Pubs franchise agreement offers licensees a ready-to-trade pub within a proven branded concept for just £5,000 ingoing cost. Franchisees can expect a minimum guaranteed income of £20,000 and they also get a percentage of food and drink sales. On top of this, they get a share of the profits in their pub and can earn a bonus as well.
Earlier this year, Greene King Pub Partners announced the launch of its second franchise concept, Nest Pubs, a more wet-led franchise pub offer with lower ingoing costs for franchisees. Like Hive Pubs, Nest Pubs has its own unique look and feel and each new Nest Pub is significantly invested in.
Dan Robinson, Managing Director of Greene King Pub Partners, said:
“We’re delighted to open these two more Hive Pubs, which takes us up to 57 Hive Pubs in total and we intend to open more Hive Pubs and Nest Pubs in the coming months, whilst also continuing to support our excellent leased and tenanted operators to grow their businesses.”
ENDS
Notes to editors
Please see attached for photos of The Old Mill in Drayton and The Brocken Cross in Rudheath.
Press Contact: Nick Lawrie Email: NickLawrie@greeneking.co.uk Tel: 07812 256245
About Greene King Pub Partners:
Greene King Pub Partners operates around 1000 leased, tenanted and franchise pubs across England, Scotland and Wales with independent business partners. In March 2023 it was recognised as the best leased and tenanted pub company at the Publican Awards, the 6th time Greene King Pub Partners has won the national industry award.
Press Contact: Nick Lawrie Email: NickLawrie@greeneking.co.uk Tel: 07812 256245
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