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- Tasks: Run a vibrant pub, serving coffee in the morning and cocktails at night.
- Company: Thekaa is an independent venue on Watford's bustling high street, known for its unique atmosphere.
- Benefits: Enjoy a 25% rent reduction for the first year and a creative work environment.
- Why this job: Be part of a dynamic team creating memorable experiences with events like movie nights and brunches.
- Qualifications: Passion for hospitality and creativity; experience in food and beverage is a plus.
- Other info: Great opportunity to shape a unique venue with a strong community presence.
The predicted salary is between 30000 - 42000 £ per year.
Thekaa is situated on Watford's busy high street parade, surrounded by well-known bars and nightclubs. It positions itself as a premium, independent venue attracting a broad range of local demographics due to the nearby shops, restaurants, and entertainment venues. The large shopping centre at the end of the High Street and Watford Football Ground, less than a mile away, contribute to its footfall. The venue currently operates as a late evening cocktail and wine bar, showing music and movies on weekends, with a small food offer of pizzas and smaller plates.
Thekaa aims to be a versatile venue, offering coffees and pastries in the morning for commuters and workers. It needs a unique high-quality food offer to compete with establishments like The Florist and chain bar/restaurants. Plans include lunchtime bottomless brunches on weekends, along with events such as movie nights and comedy nights, all requiring a real Unique Selling Point.
Features:
- Live Sports
- Catering Kitchen
- Music Venue
- Cask Ale
Trading Area & Facilities:
Thekaa has a great open drinking and dining space with a secret covered courtyard and a large open fire, creating a rustic and classic feel.
Pub Financials:
- Estimated Total Ingoing Costs: £37,796
- Estimated Minimum Ingoing Costs: £13,744
- Annual Rent: £26,925
- Estimated Annual Turnover: £414,044
- Deposit: £6,731
- Estimated Fixtures & Fittings Value: £19,565
- Estimated Stock Valuation: £8,000
- Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT. Estimated Working Capital includes key start-up costs such as professional fees, training fees, premises license fees, and till floats. Additional ongoing charges will apply during the term of the agreement, including property maintenance and repairs fund.
To ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.
Run a Star Pub - Thekaa Watford - Watford employer: Star Pubs Leased & Tenancy Careers
Contact Detail:
Star Pubs Leased & Tenancy Careers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run a Star Pub - Thekaa Watford - Watford
✨Tip Number 1
Familiarise yourself with the local area and its demographics. Understanding the customer base around Watford's high street will help you tailor your offerings at Thekaa to attract more patrons.
✨Tip Number 2
Think creatively about unique events or promotions that could set Thekaa apart from competitors. Consider hosting themed nights or special brunches that resonate with the local community.
✨Tip Number 3
Network with local businesses and organisations. Building relationships can lead to partnerships that enhance your venue's visibility and draw in more customers, especially during events.
✨Tip Number 4
Prepare a solid business plan that highlights your vision for Thekaa. This will not only guide your operations but also impress potential stakeholders and partners when discussing your plans.
We think you need these skills to ace Run a Star Pub - Thekaa Watford - Watford
Some tips for your application 🫡
Understand the Venue's Concept: Familiarise yourself with Thekaa's unique selling points and its target audience. Highlight how your vision aligns with their concept of being a premium, independent venue that caters to a diverse clientele.
Craft a Compelling Business Plan: Prepare a detailed business plan that outlines your strategy for running Thekaa. Include ideas for events, food offerings, and marketing strategies that will set it apart from competitors like The Florist.
Highlight Relevant Experience: In your application, emphasise any previous experience in hospitality management or running similar venues. Showcase your ability to adapt to different customer needs throughout the day, from morning coffees to late-night cocktails.
Financial Preparedness: Be ready to discuss your financial plans, including how you will manage the estimated costs and working capital. Mention any un-borrowed funds you have available, as this is crucial for the application process.
How to prepare for a job interview at Star Pubs Leased & Tenancy Careers
✨Know Your Venue
Familiarise yourself with Thekaa's unique offerings and atmosphere. Understand its position on the high street and how it stands out from competitors. Be ready to discuss how you can enhance its appeal and attract more customers.
✨Showcase Your Creativity
Since Thekaa needs a unique selling point, come prepared with innovative ideas for events, food offerings, and marketing strategies. Think about how you can transform the venue into a versatile space that caters to different audiences throughout the day.
✨Understand Financials
Be ready to discuss the financial aspects of running a pub, including estimated costs and potential revenue streams. Show that you can manage budgets effectively and have a plan for maximising profitability while maintaining quality.
✨Engage with the Community
Demonstrate your understanding of the local demographics and how to engage with them. Discuss potential partnerships with nearby businesses or community events that could drive footfall to Thekaa and create a loyal customer base.
