CLH News #219 December 2018

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THE LEADING PUBLICATION FOR THE INDEPENDENT HOSPITALITY SECTOR Page 2

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Recipe Ideas

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Festive Ordering

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Spirits and Cocktails

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Let us help you put your business back into profit We work “hands-on’ with you, in your business to:

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Maximise your Profit Margins Minimise your Operating Costs Resolve any Operational and Staff Issues Increase the Profit from your Business

We will tailor a package that is realistic and practical for your business

Please call David Hunter of The Bowden Group for an informal chat about how we can HELP YOU

Design and Refit

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Products and Services

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Property and Professional

Drink-Led Pubs Buck National Downtrend www.CLHNews.co.uk

RETURN TO PROFIT

Editor's Viewpoint

CLHNews

CLHNews

ISSUE 219

DECEMBER 2018

07831 407984 or

01628 487613

HOTELS, RESTAURANTS, PUBS & CATERING

The number of foodservice establishments in the UK, including restaurants, pubs, bars and clubs, has fallen by 3.2% year-on-year to September 2018 according to the new edition of the Market Growth Monitor from CGA and AlixPartners. However, drink-led pubs fared better, thanks to the football World Cup and hot Summer. The number of restaurants in Britain slipped by 2.0% equivalent to more than ten closures a week. The exclusive research shows that Britain had a total of 26,892 restaurants at September. The net fall of 539 restaurants marks an acceleration of closures since the start of 2018 when the restaurant sector was still in year on year growth. The Market Growth Monitor uncovers a clear divide in the restaurant sector’s fortunes in 2018. Independentlyowned restaurants fell in number by 2.6% in the year to September—but managed restaurants recorded a modest increase of 1.0%, despite news of closures and CVAs from

some leading casual dining brands. However, after several years of spectacular growth, supply is clearly now settling back to levels that more accurately reflect demand, at the end of a year characterised by rising food, property and people costs, fierce competition and signs of saturation in some areas. Across all licensed premises, including pubs, bars, clubs and hotels as well as restaurants, Britain’s total stood at 118,905 at September 2018—a 3.2% fall year on year. Pubs and bars have closed at a faster pace than restaurants, with numbers tumbling 11.3% in the last five years—equivalent to around 24 closures a week. But CGA research also reveals evidence that pubs and bars with a strong drinks offer are now performing better than for some time, following a summer boosted by warm weather and the football World Cup.

Other findings from the report include: • The north of England has seen a 2.8% fall in licensed premises in the last year—significantly lower than the decline of 4.0% in the South. • The pace of closures over the year has been higher in rural areas of Britain (3.6%) than on high streets (2.6%). • Some city centres continue to grow their numbers of restaurants, pubs and bars—including Birmingham, which added 25 in the year to September.

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RETURN TO PROFIT

Let us help you put your business back into profit...

PROFIT TURNAROUND

MAXIMISING PROFITABILITY

If you have a Restaurant / Hotel / Pub business that is not profitable, and you want it turned around, call David Hunter on 07831 407984 to discuss this. We have a very impressive 30-year track record of profit turnaround, and David is the very best person to help you to turn your business around.

If your business IS profitable, but you need it to be MORE Profitable, David Hunter can do this for you. David will ‘’benchmark’’ your business against the current market, and will tell you what SHOULD and CAN be achieved by that particular and individual business. David will work with you and your Team to deliver that essential improvement in Profitability.

We will tailor a package that is realistic… and practical, for you… Please call David Hunter of The Bowden Group about how we can HELP you…

07831 407984 or 01628 487613

HOTELS, RESTAURANTS, PUBS & CATERING

www.guysimmonds.co.uk

LEADING NATIONAL LICENSED PROPERTY AGENTS

ATTENTION VENDORS LOOKING TO SELL OR LEASE?

Guy Simmonds have purchasers URGENTLY seeking Freehold and Leasehold licensed property. • NO SALE - NO COMMISSION • FREE DISCREET VALUATION

Tel: 01332 865112

or email: sales@guysimmonds.co.uk


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