Facilities

Garden
Car park
Commercial Kitchen
Private accommodation

Make the Earl of Cornwall the Heart of the Neighbourhood

Bring your passion for community hospitality to the Earl of Cornwall in Slough, a spacious and sociable local set within an established residential area, with around 35,000 residents within one mile and 4,500 within walking distance. Offered as a proposed Hive...

Important Information

Agreement A 5 year Hive Pub franchise agreement.
Guaranteed Income £20,000
Turnover share 36% of Food Sales 20.5% of Drink Sales
Profit share 8%
Bonus £7,500
Annual Estimated Total Sales £624,000
Estimated Annual Franchise Retained Income £41,069
You will earn a guaranteed income of £20,000 per annum (paid at £385 per week), plus a percentage of net food and drink sales (also paid weekly). In addition, you can earn up to £7,500 bonus per annum based on your audited standards and a share of the profit (paid quarterly) if your business is successful. The estimated annual franchisee retained income quoted includes profit share and 50% of the total bonus opportunity available. Earnings are uncapped and can increase or decrease dependent on franchisee performance.
Income explained You will earn a guaranteed income of £20,000 per annum (paid at £385 per week), plus a percentage of net food and drink sales (also paid weekly). In addition, you can earn up to £7,500 bonus per annum based on your audited standards and a share of the profit (paid quarterly) if your business is successful. The estimated annual franchisee retained income quoted includes profit share and 50% of the total bonus opportunity available. Earnings are uncapped and can increase or decrease dependent on franchisee performance.
Entry cost of £5,000 is payable on change day. This includes legal fees and start up training costs. An extra £3,000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.
Entry Costs £5,000
The Earl of Cornwall has trade space for every occasion. A sociable front bar with pool and darts sits alongside a second bar and a separate rear dining area, all served by a trade kitchen. The planned refurbishment will create clearly defined areas for dining, drinks and televised sport, including higher-level seating. It will provide 110 internal covers, with 60 for dining and 50 for drinking. Outside, a terrace and grassed garden add a further 78 covers, and 20 customer parking spaces make the pub easy to visit.

Paul Daniels

Business Development Manager

‘With over five years’ experience working as a Business Development Manager in pubs, I pride myself on working shoulder to shoulder with my franchisees to help them run great pub operations. I get lots of joy working with franchisees who put the community they serve at the heart of everything they do. This, combined with great standards and a passion for customer service I believe are the hallmarks of a great franchise pub business that I will always be there to support.’