BAR CASE STUDY

TASK

When we were approached by struggling restaurant, bar and club in dire financial difficulty who could not pay their bills, we knew we had to react immediately to ensure supplies continued.

ACTION

As the company was losing seven figures per annum, our first task was to inject financial support to stabilise the organisation – allowing us to regain and win precious market share.

With the owner’s support, we created a marketing training initiative that focused on coaching the existing management team to develop their skill sets and abilities. Our team supported and gained the trust of the client’s management team by involving them in the greater decision-making process. As such, we were able to mutually agreed on a set of achievable goals to develop the efficient running of the business, plus optimised customer service and overall experience to ultimately improve profits.

RESULT

We saw the potential of this project as a short and long-term investment – both financially and in the qualified and capable staff willing to make a positive difference to their company. Continuing to support the owner and the team ensured we were able to stabilise the business within four months – with a £1.75m turnaround in profit within 20 months.

SERVICES USED

Finance
90%
Restructuring
80%
Interim Management
85%

FINAL THOUGHTS

“Give your customers a decent meal and they’ll be satisfied for an evening; give your customers an unforgettable experience and you’ll have one of London’s most prestigious nightspots”

GET A FREE CONSULTATION

Telephone 0117 2872577

For a free, no obligation consultation call us on the number above or fill in the form below and we will get back you and let Hospitality Growth help you and your business.







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