Greene King refurb creates 40th Hive Pub
The Britannia in Bradwell has reopened under the Greene King franchise model.
Greene King Pub Partners, the leased, tenanted and franchise division of Greene King, has opened its 40th Hive Pub.
The Britannia in Bradwell, Stoke-on-Trent, has reopened under the Greene King franchise model after a £400,000 investment.
The milestone 40th Hive Pub opening comes two years after Greene King Pub Partners opened its first Hive Pub concept, The Malden Grey in Sudbury, Suffolk.
"We are delighted to hit yet another significant milestone in the rollout of Hive Pubs and our pub franchise offer," says Dan Robinson, managing director for Greene King Pub Partners. "Hive Pubs continues to go from strength-to-strength and we intend to keep this momentum up heading into 2024. Our overwhelming focus as a business remains our core leased and tenanted estate, but we are excited for where we can take Hive Pubs even further."
A Hive Pubs franchise agreement offers licensees a ready-to-trade pub for a £5,000 ingoing cost. Franchisees can expect a minimum income of £20,000, while receiving a percentage of food and drink sales. They get a share of the profits in their pub and can earn a bonus as well.