With some 5,000 pubs across England and Wales, Enterprise Inns is a true heavyweight outfit whose purpose is to use its scale and expertise to help great pubs prosper at the heart of local communities.
The leased and tenanted business of Enterprise Inns continues to make good progress under the careful stewardship of Simon Townsend, while the pub chain’s managed operations have gained momentum on the back of rapid expansion.
With half-year sales up from £302m to £305m, and net profits soaring to £33m due to lower exceptional refinancing costs and property valuation movements, the group finds itself in rude financial health as it plots its next phase of growth.
Its new ‘Managed Expert’ model, in which it seeks to partner with industry-leading managed house operators to benefit from their retailing flair and capability, is certainly capturing industry attention. Since the spring it has tied up with Food & Fuel, Oakman Inns and Marylebone Leisure Group.
The deal with Oakman has seen the pair launch a new venture under the Hunky Dory Pubs brand, with the first site opening in Solihull and more due to follow this year, while the partnership with MLG has led to the creation of the Marmalade Pub Company.
Company: Enterprise Inns
Address: 3 Monkspath Hall Road, Solihull, West Midlands, B90 4SJ
Tel: 01217 337700
Focus: Pub sector
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