Sales up at Food & Fuel pubs

By The PMA Team

- Last updated on GMT

Related tags: Public house, 2009, London

Jones: tunrover up at Food & Fuel
Jones: tunrover up at Food & Fuel
Food & Fuel, the operator of ten London gastro-pub headed by former Spirit boss Karen Jones, has seen a rise in turnover and operating profit in...

Food & Fuel, the operator of ten London gastro-pub headed by former Spirit boss Karen Jones, has seen a rise in turnover and operating profit in its most recent year.

The company saw turnover increase 9.9% to £8,370,765 in the 52 weeks ended 31 May 2009 compared to £7,616,234 the year before.

Ebitda rose 30% to £475,009 compared to £365,508 the year before.

Company documents state: "The turnover increase arose primarily as a result of improved trading from the refurbishment works carried out in the previous period to four of the five outlets acquired in July 2007 and to the outlet trading as Sporting Page in August 2007."

In July 2009, Food & Fuel acquired four freehold sites in London from Enterprise Inns for an undisclosed sum.

The company purchased Lots Road Pub and Dining Room and The Sporting Page both in Chelsea, The Prince of Wales in Battersea and the Queens Arms in Westminster.

The group runs the pubs under a new company called Bricks and Fuel, which has the same shareholders as Food and Fuel.  

Related topics: News, Legislation

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