Brighton Pier owners consider pub sale

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


Share this article



Latest Businesses for Sale

Food Manufacturer Specialising Flatbread Products
North of England, UK Wide

Has established a prominent position with clients in its industry due to its prestigious portfolio. Operates from two leasehold premises. Offers invited.

Asking Price: Offers Invited
Turnover: £671,000

LEASEHOLD


Haulage & Logistics Solutions
South East, UK

Utilises a reliable network of UK and European hauliers to provide tailored logistics solutions, operating 24/7. Offers invited.

Asking Price: Offers Invited
Turnover: £985,000

LEASEHOLD


Health & Social Care Provider
London, UK

Services the company provides includes complex and continuing care, palliative care, live in care, domiciliary care and learning disabilities and mental health services. Offers invited.

Asking Price: Offers Invited
Turnover: £5,500,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
23
 
May
 

Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...

 
22
 
May
 

Spike in M&A activity in the education sector | BUSINESS SALE

In recent months, the education sector in the UK has witness...

 
22
 
May
 

Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION

Celebrity chef Jamie Oliver, who shot to fame after campaign...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources