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Draft House pub group lost £2.4m in year before sale

Pub & bar03 Aug 2018by Emma Lake

Draft House pub group recorded pre-tax losses of £2.4m a year before its sale to BrewDog.

 

Documents filed with Companies House show turnover at the 14-venue strong group was £11.2m in the 12 months to 29 October 2017, up from £7.8m the previous year.

 

Within the documents, the pre-tax losses are attributed to exceptional costs including the acquisition of the four-venue strong Grand Union pub group.

 

Draft House launched its first site in 2009 in London's Battersea. It was acquired by BrewDog in March.

 

BrewDog buys Draft House>>

 

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