Greene King Pub Partners, the leased, tenanted and franchise business unit of Greene King, has received accreditation from the British Franchise Association (BFA), becoming a member of the franchising association in the process.
The pub company launched its Hive Pubs franchise concept in 2021 and has since grown it to over 30 pubs.
Through its BFA accreditation and membership, Greene King Pub Partners commits to best practices, transparent operations and the welfare and success of its franchisees. This is alongside the Pubs Code, which Greene King Pub Partners’ franchisees can also rely on.
Hive Pubs franchisees and other Greene King Pub Partners franchisees will receive benefits from the accreditation and membership of the BFA, including access to the BFA’s community of franchisees, as well as expertise and resources provided by the BFA itself.
Dan Robinson, Managing Director of Greene King Pub Partners, said, “We are immensely proud to receive accreditation from the British Franchise Association.
“This accreditation underlines our commitment to work with our Hive Pubs and franchise partners to grow successful pub businesses together.
“While we remain a leased and tenanted pub business at our core, this is an exciting development as we continue to grow Hive Pubs and our franchise offer.”
A Hive Pub franchise agreement offers a ready-to-trade pub for £5,000 ingoing cost with Greene King recommending around £2,000 of starting capital. Franchisees can expect a minimum annual guaranteed income of £20,000 along with a percentage of food and drink sales and a share of the profits in their pub. There are currently 4 available to franchise in Scotland.