Venners have been improving Pub & Bar profit & controls for
over 115 years. We help to reduce risk and improve your bottom line - be it for a single site or a European estate. We also provide specialised Pub Tenancy Support
Pub increases sales yield by 22.1%
by
David Fitzgerald
Venners recently started stocktaking at a pub that had historically done very well but had begun struggling to make ends meet. Its first full stock result revealed a stock shortage of 11%, a yield of 87.4%, a gross profit of 64.7% and alarmingly their average stock holding was 80 days! It all highlighted a complete deterioration in control standards.
After several months of hard work adhering to the advice and action plans derived from each stocktake, the most recent result delivered a stock surplus of 0.2%, a yield of 99.6%, a gross profit of 77.5% and a stock holding of 17 days. This is a spectacular improvement and the cash flow and profits are back on track.
Pub increases sales yield by 22.1%