tag:blogger.com,1999:blog-6467535.post4296243075641405834..comments2023-11-02T02:40:28.264-07:00Comments on They Got Me Over A Barrel: Protect PubsJ Mark Doddshttp://www.blogger.com/profile/11800542445712331202noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6467535.post-20627879858945028612016-03-14T06:55:05.493-07:002016-03-14T06:55:05.493-07:001. "Tied Pub Rents are higher than free of ti...1. "Tied Pub Rents are higher than free of tie rents"<br /><br />Latest ALMR benchmarking shows "majority tied" and "majority not" estates on roughly the same rents as % of turnover (9.2 "tied" and 9.3 "not") I'm not aware of any other survey - are you?<br /><br />2. "Tied Publicans have to buy their beer from their pubco at prices that generally are around DOUBLE the open market price"<br /><br />The same survey shows "majority tied" and "majority not" estates to have wet GPs of 62.3% and 67.0% respectively, which sits uncomfortably with your "double price" statement. I don't actually think that "majority tied" and "majority not" means tied and free of tie, I think it's one unspecified mix versus another unspecified mix. But in any event the average pubco mark up is about 70%, not 100% (it's in the Punch and EI accounts)<br /><br />3."the majority of pubs in Britain are Tied Pubs....."<br /><br />Tied pubs do not account for more than 50% of the total pub estate; the proportion was 48% two years ago (https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/398237/bis-14-868-pub-companies-and-tenants-impact-assessment.pdf) and the brewers / pub companies have made more disposals than acquisitions since then - indeed they seem to be blamed for the full 20+ closures per week, whatever the truth of that.<br /><br />That's the statistics, now for the more subjective:<br /><br />You list a large number of reasons that the pub companies give for pubs closing, starting with demographics. Are you denying that any of those reasons listed are a factor in closures, bearing in mind that FOT pubs close as well as tied ones?<br /><br />Non Labour but fascinated.https://www.blogger.com/profile/05814664786703341901noreply@blogger.com