Record Christmas sales for Oakman Inns

Claire Dodd

Claire Dodd

07 January 2016

Tring-based pub operator Oakman Inns & Restaurants has reported record Christmas sales of £2.1m for the four weeks ending 3 January. The figure is 55% up on the same period last year.

Like-for-like sales were up 11.8%, while the numbers for the 39 weeks to the end of quarter three showed like-for-like sales up 6.2%. Total sales were £14.5m, up 52.7% on the previous year.

Founder and CEO Peter Borg-Neal said: 'We got up a very good head of steam going into the Christmas trading period and had put a lot of work into getting our Christmas offer spot-on. As a result we were hopeful of a good outcome but our performance has been at the upper end of our expectations.

'The 13 pubs in the Oakman Collection have averaged well over £40k net per site per week. In addition to the excellent performance from the core estate, our 2015 acquisitions also did very well with The White Hart, in Ampthill being a star performer.'

Oakman Inns was founded in 2005, with its first pub opening in 2007. Its core estate is focused in Buckinghamshire, Bedfordshire, Hertfordshire, Northamptonshire, Oxfordshire and Essex.

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