About us/Our strengths
 
 
Moderation, 213 Caversham Road, Reading, RG1 8BB  

A leading pub company

Punch Taverns is the leading pub company in the UK. We believe that the size and quality of our pub portfolio, its broad geographical spread and the services we offer represent a powerful proposition for potential Partners.

Highest quality pub portfolio
 
Derived from the core estates of two of the five major UK brewers when the industry restructured in the 1990s, our portfolio is of a high commercial quality measured by turnover per pub, profitability per pub and operating cash flow per unit of sales. We believe high levels of pub profitability further assist us in attracting high quality Partners.

Demonstrable ability to recruit, retain, train and develop entrepreneurial 
Partners
 
We actively recruit talented and motivated individuals through a dedicated recruitment team, targeted marketing and a recruitment website which screens applicants against desired core competencies. The skills and knowledge to run a successful pub are enhanced by an award-winning training programme including a mandatory induction course and an advanced training course, both of which incorporate nationally recognised qualifications accredited by the British Institute of Innkeeping.

Simple, adaptable, resilient business model
 
No single pub or Partner accounts for a significant percent of our turnover and small, independent businesses are able to adapt quickly to local market conditions without the bureaucracy of a centralised decision-making process. We believe our business model spreads risk and is therefore able to support the service of substantial borrowings.

Experienced and motivated management team

Our management team of directors and executive officers have a combined total of more than 70 years spent working in the industry.
 
Strategic estate management

We have grown our business through the acquisition and integration of a number of leased, tenanted and managed pub portfolios and the addition of individual pubs. We have transferred pubs from managed outlets to leasehold opportunities and made well considered disposals to ensure that we maintain the quality of our estate and maximise profits.
 
Proven capital investment strategy

Our investment policy includes support for our pubs and ongoing development with Partners to improve the quality of our sites and their appeal to consumers and to increase profitability. Our approach to making such capital investments has resulted, in most cases, in higher profits per pub. 

Stable revenues and cash flows through long-term agreements and predictable consumer spending patterns

The fixed nature of our rental income and the relative insensitivity of beer demand to economic conditions enable us to benefit from stable cash flows. We are committed to long-term partnerships and are offering extensive support during difficult trading conditions.

Purchasing economies of scale
 
We use our massive buying power to secure the best possible deals for our Partners, which are actively marketed through our monthly promotions brochure Marketing For Money and our Catering Discount Directory. We also use our ability to buy at the best possible price to pass on industry leading discounts, off invoice, on a range of beers on certain agreements.