In an unprecedented move, McMullen, the family brewer based in Hertford, is looking for successful chefs and budding entrepreneurs to run one of its most prestigious pubs without investing any capital, or paying any rent, utilities or rates.
The Stag, a newly refurbished gastro pub in Heronsgate, near Chorleywood, has recently become available as a result of personal commitments, and is available on its Pub Operators (Franchise) Agreement with no capital required. Since its £120,000 refurbishment, it has proved hugely profitable, trading at around £9,000 a week, with sales up by over 100 per cent in the first year, and 12 per cent so far this year.
The popularity of home-cooked food at this welcoming, stylish, food-led pub makes it an excellent opportunity for a chef or couple who would like to run their own business, but do not have the financial backing to prove their talents. It would also be suitable for enthusiastic entrepreneurs with strong management skills, and an interest in running their own food business.
Furthermore, McMullen is also looking for someone with a strong food background to become the tenant of The Blue Anchor, in St Albans. This pub was previously run by celebrity chef Paul Bloxham, and McMullen is looking to substantially refurbish the kitchen facilities with the right partner. Again, interested parties do not necessarily have to provide considerable capital, but must possess the right skills and attitude for this demanding, yet rewarding opportunity.
Gavin Mansfield, Tenant Operations Manager at McMullen, says: “This is a once in a lifetime opportunity for a chef who would like to run their own pub but simply has not been given the chance for whatever reasons. The Stag has proved incredibly profitable since its refurbishment, and is sure to continue this success with the right operator. At McMullen, we are looking to work with people who have the right aptitude and ability, not simply the right bank balance.”