The British Beer & Pub Association (BBPA) has released its latest operating cost guide for tenants and lessees, to inform them about the current costs involved in running a pub.
The guide gives operators the opportunity to benchmark their own business and compare costs against these published industry norms.
This edition of the guide includes updates on pay-TV costs for all pub models, live music costs for all pub models, and a ninth pub model added to the mix – town/country.
The guide shows the average cost of running a leased and tenanted pub over a range of pub models based on turnover and business types.
It takes account of the significant variations that exist in the cost base, within pubs operating in the same category – and covers the whole spectrum of wet- to food-led businesses – as well as including minimum and maximum costs for different scenarios.
It is asserted, however, that all pubs are unique and that actual costs incurred will be dependent on the different aims and styles of the business according to the location, the market and the skills of the tenant or lessee.
“Whether you already run a pub or are thinking of taking one on, this new report is a must-read,” says BBPA chief executive Brigid Simmonds.
“It includes essential information on the current costs involved in running a great British pub and can be downloaded – free of charge – from our website.”