Community Pubs: A better form of business - 2020

Unspecified (2020) Community Pubs: A better form of business - 2020. Research Report. Plunkett Foundation.

Abstract

This state of the sector report from the Plunkett Foundation, funded by Power to Change, shows community pubs thriving and making a significant contribution to community development. In 2019: The community pub sector grew by 19% with 19 new pubs opening during the year 119 known community pubs in total were trading across the UK at the end of 2019 The number of new enquiries to Plunkett from communities exploring community pub ownership was 154 The amount raised by all 19 newly opening community pubs was approximately £3.7 million from 3,718 new community shareholders The average cost of purchasing a community pub during 2019 was £306,000 and the average set-up cost was £140,000 (but with wide variations) Approximately 57% of capital required for the start-ups was sourced from community shares No community pubs ceased trading or transferred out of community control into private ownership during 2019, maintaining an impressive survival rate of 100%

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