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1 month ago
The King's Head is a landmark Pub in Thatcham. It's a large traditional pub found on the bustling high-street. The pub has a great reputation throughout the town and is known for its steady regular day time trade, while also being the go-to place for younger residents during the weekends. The pub is due to undergo a six-figure investment before reopening its doors to the eagerly waiting community of Thatcham. The pub has one large bar that serves two large trade areas; with one area designated to complete sporting action. The room will be fully equipped with a new pool table and illuminated darts board. The pub is known for its great entertainment and live sport. Outside you'll find a large beer garden with a mixture of picnic tables and covered booths.
Scroll down to find the complete details of the job offer, including experience required and associated duties and tasks.
Thatcham is a market town close to the larger town of Newbury. The King's Head is situated at the top end of The Broadway, which has a high footfall of shoppers all day. The River Kennet and the Nature Discovery Centre are both nearby, attracting visitors to the town.
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Calling all pub professionals (pub managers, general managers, bar managers, all of you). Have you ever wanted to run your own pub, but you're worried about going solo? We hear you. Here's your chance to run your own pub, with a built-in support crew to cheer you on.
Build a Rewarding Career:
- Boosted Operator Earnings of 20% of net revenue: £93,600 – and that's just the baseline
- Supercharge Your Income: Take home an additional 10% of sales above budget when you manage a high-volume pub This bonus recognizes the extra effort required to run a thriving pub.
- Important Note: We do not ask you to invest your own money into the pub. You simply pay a £2,000 bond.
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But Wait, There's More
- Become a Craft Union Star: Increase your income by becoming a centre of excellence.
- Free BII Membership
- Be the Best: Win an all-expenses-paid trip to our yearly operator awards
- Join a Growing Family: Be part of Craft Union's rapidly expanding estate, partnering with the UK's biggest pub company.
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We Empower You to Focus on What Matters:
- Rent-free Accommodation (where applicable)
- Full Utilities Paid: Gas, Electric & Water (for the entire building including the accommodation)
- Cost of Sky & TNT Sports Included (pay-per-view events agreed upon with your Regional Manager)
- Security & Entertainment Packages Available (as agreed with your Regional Manager)
- Business Rates Covered
- Dedicated Support of a Regional Manager: Get ongoing guidance and support to develop your pub's proposition and build strong community engagement, leading to boosted sales opportunities.
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With our unwavering support, your success is guaranteed Your dedication sets the limit on your earnings – the sky's the limit
- Craft Union cover agreed upon costs for entertainment.
- Stocking policy consisting of all Craft Union premium products
The ideal operator for the Kings Head would be someone who has achieved previous success and is ready for their next exciting venture. They would be someone who can take a successful business and grow it even further. They would be passionate about delivering unforgettable sports viewing and partnering with local sports teams to maximise the pubs reputation for all things sport. They would also be able to deliver a versatile and ever-changing environment to attract both a steady day-time trade and a buzzing late-night trade. They would naturally be a community focused person who would be eager to engage with local charities, helping to make the Kings Head the main fundraiser for all local causes. Finally, they would consistently deliver a great atmosphere and a reason to visit the Kings Head.
The first floor private accommodation is of good size and well maintained, comprising two bedrooms, a lounge and kitchen.
Regional Manager Tim says…The Kings Head is a stunning pub on the corner of the main throughfare of Thatcham, ideally located on the main street of restaurants, shops and other local amenities. It has a great reputation for sport with its own darts and pool teams. The large garden is a great asset for the pub, with opportunities to host great sales building activities and events, involving all the local community. The Kings Head presents a wonderful opportunity to grow a strong town centre pub business with entertainment, live sport, sporting teams and associated events.
Financial Information
Forecast Turnover: £468,000.00 per year
Full Deposit: £2,000.00
Estimated Earnings: £93,600.00 per year
Forecast Wet Turnover: £0.00
Forecast Dry Turnover: £0.00
Forecast Other Turnover: £0.00
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