Fri, 10 Nov 2017 | BUSINESS SALE
The owners of Brighton Palace Pier are considering a sale of the pub and bar arm of its business empire.
Risk Capital Partners, the group behind the Laine Pub Company which has nearly 50 pubs across London and Brighton, has reportedly appointed advisors to assess their future funding options.
Risk Capital Partners is an investment company which pumps money into businesses with the intention of making a return.
Gavin George, chief executive of Laine Pub Company, said: “We have appointed BDO and they are working with us and our current investors to look at our strategic objectives.
“We have been encouraged by the approaches we have had in recent times, which give a good indication of the strength of the business and its potential to grow further.”
The Laine Pub Company currently has nearly 50 pubs in London and Brighton including the North Laine Pub in Gloucester Place, Brighton. In April the company it announced it was buying six more London pubs for an estimated £4 million.
Selling this arm of the company would mark a shift away from the pub and bar sector which is notorious for being increasingly difficult to make money from.
Find a business for sale
Subscribe to Business Sale Report
Metal Polishing Supplies, a highly desirable ‘Run from Home’ opportunity established by our client in May 2008. The highly profitable business is now being offered for sale due to genuine health reasons and we strongly advise early enquiries to avoid...
The business is run and managed by our client, with the help of 11 full time members of staff, 6 being qualified butchers. The business is being sold as a Freehold opportunity with 2 x 1-bedroom flats above the premises, both of which are currently l...
The business runs as a vehicle repair garage offering a range of services. The garage offer classes 1, 2, 4, 5 and 7 up to 3.5t light commercial MOT’s. Much trade is from garages that don’t have MOT bays themselves. The garage also offers repairs for...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources