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Country pub group pushes sales past £50m mark

Date added: 03/11/2016






Three new openings have helped turnover surge past the £50m mark at a Chester-headquartered country pub group behind a number of well-known establishments.

Brunning & Price, which since 2007 has been owned by The Restaurant Group, was founded as a collection of pubs in the North West and North Wales.

Venues owned by the group include the Red Fox in Thornton Hough, Aldford's Grosvenor Arms and the Old Harker's Arms in Chester, which was named as Best Town Pub of the Year in the 2015 Good Pub Guide.

In the year to 27 December 2015, Brunning & Price pushed sales up by 12.7 per cent to £54.5m, while EBIDTA grew by 14 per cent to £8.2m and pre-tax profit climbed from £5.7m to £6.5m.

During the year Brunning & Price opened three new pubs which were all said to be performing well and set to generate strong returns.

So far this year, the business has launched The Oakley Arms in Brewood, The Prae Wood Arms in St Albans and Preston's Haighton Manor. The Physician in Edgbaston is due to open later this month (November) and will be the last new pub for the group before Christmas.

On site, Brunning & Price has the Dinorben Arms in Bodfari, which will open in the early part of next year, and the Fox Revived, Norwood Hill, which is schedualed to open in February.

Established in 1989, Brunning & Price was born out of the friendship of Jerry Brunning and Graham Price and has grown from a small collection of pubs in the North West to a group of larger family of pubs spanning the country.

The Restaurant Group, the listed group behind brands including Franke & Benny's, bought Brunning & Price for £32m in 2007.

Read more at insidermedia.com



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