Facilities

Commercial Kitchen
Private accommodation

Planned Investment Set to Transform The Hideout

The Hideout is an exciting pub to let opportunity in the heart of Taunton, occupying a prominent town centre position on Castle Green and benefiting from strong footfall from local residents, office workers, shoppers and visitors. Already a well-established tr...

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 £769,600
Estimated Annual Franchise Retained Income £41,219
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

David Glew

‘I have over 30 years’ experience in the licensed trade, starting in the industry at 19. My career includes Business Development Manager roles, plus an Operations Director position and other commercial roles with various pub companies. A great franchisee loves pubs, builds community spirit and is driven to succeed while making a positive impact. I work best with franchisees through mutual respect, open collaboration and shared goals. Great pubs sit at the heart of their communities—welcoming places where people connect and create lasting memories’