Punch tenants buy Carlsberg wholesale through tied supply chain at £143.70
(11gal 88 pints without wastage) + VAT = £1.96 pint
Similar profiteering wholesale prices are evident in all tied agreements with all pubco's / family brewers. Wadworth's for example, right now, are charging more than Punch for Carlsberg and an 11 of the same beer can be bought for £68+vat from wholesalers.
CASH&CARRY the same Carlsberg 11gall keg is £84.49
(11gal 88 pints) + VAT = £ 1.15 pint (+ free 6 bots of wine with order of 3 kegs)
Without any negotiation for volume discounts. Independent wholesaler prices are less than Cash&Carry.
J D Wetherspoon's SELLING the same Carlsberg for £1.80-£1.99 a pint inc Vat
Punch, Enterprise et al buying power is undoubtedly as strong as Wetherspoon's - their estates are considerably larger and annual volumes greater. They OBLIGE their tenants to BUY beer at the same price, or more, than JDW charge customers over the bar. JDW consistently outperforms much of the rest of the pub sector in profitability.
Punch and Enterprise et all profiteer and still cannot keep up with their gargantuan interest payments on debt
It is a scam