Nightclub company on the market

Start a new thread22-Sep-2005

Related topics: General News, Company & City News, Property News

A buyer is being sought for the Barnsley-based nightclub company Brook Leisure.

 

The company, which was founded 12 years ago by Martin Brook and business partner Gary Hunt, operates around 10 sites and has sales of £20.6m.

 

Brook Leisure has concentrated on opening nightclubs in northern cities it operates the Dr Livingstone's brand.

 

When the company opened in Huddersfield, Hunt, Brook Leisure's managing director, said: 'Huddersfield is a heavily discounted (area) and pricing is an issue. The management structure and facilities of a purpose-built nightclub are much more expensive than a Wetherspoon's. We therefore need to recover a better GP than them to recover costs.

 

Brook Leisure's owner has hired NM Rothschild to pursue a sale.

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