our plan
Introduction
The Contemporary Pub Company was formed in December 2013 with the aim of acquiring 5 premises through to 2019 which shall be operated a high quality contemporary pubs with equal focus on food, drink and exceptional customer service.
The directors have significant experience in the sector within both Blue Chip and Start-Up organisations and have formed a new company to facilitate the opening of 5 pubs in the next 5 years.
Funding
The company is raising £400,000 the main purpose of which is to pay for the fit out of our first premises. Funding is to be achieved by Crowdfunding which has recently been a successful way of raising finance for similar ventures.
Strategy
The company intends to open 4 more similar Contemporary pubs at a rate of one per year until 2018. This will all be acquired with a maximum capital expenditure allowance of £350,000. It is not the intention of the board to further dilute shareholders holdings and as such a combination of retained cash and traditional finance will be used to grow the company throughout the operational period.
Exit
Our aspiration is to sell the company for around 6 times EBIT in 2019 and achieve a minimum 5 fold return to shareholders.
The Contemporary Pub Company was formed in December 2013 with the aim of acquiring 5 premises through to 2019 which shall be operated a high quality contemporary pubs with equal focus on food, drink and exceptional customer service.
The directors have significant experience in the sector within both Blue Chip and Start-Up organisations and have formed a new company to facilitate the opening of 5 pubs in the next 5 years.
Funding
The company is raising £400,000 the main purpose of which is to pay for the fit out of our first premises. Funding is to be achieved by Crowdfunding which has recently been a successful way of raising finance for similar ventures.
Strategy
The company intends to open 4 more similar Contemporary pubs at a rate of one per year until 2018. This will all be acquired with a maximum capital expenditure allowance of £350,000. It is not the intention of the board to further dilute shareholders holdings and as such a combination of retained cash and traditional finance will be used to grow the company throughout the operational period.
Exit
Our aspiration is to sell the company for around 6 times EBIT in 2019 and achieve a minimum 5 fold return to shareholders.
