More Brits are visiting pubs and bars, according to fresh research – and those establishments that invest in their facilities are more likely to be reaping the benefits.
The findings from research agency Future Thinking revealed that, despite consumers’ gloomy perception of the economy, 82% are still visiting pubs and bars – up 4% from last year.
On top of this, The Greenpaper research by Heineken has revealed that 53% of customers said they would visit a pub more often if it had a good garden, 37% said they would be attracted by more live events like music or comedy, and 30% said they would visit more often if social events like quizzes were put on.
“This is a great boost for the pub and bar market,” said Mark Kozo, Head of Marketing at Portman Asset Finance. “It appears that Brits in large numbers are still happy to go out and spend their cash in pubs and bars – but value for money is clearly very important to them.
“If you need to spruce up your beer garden or want to transform an area of your pub that can accommodate live entertainment, now is a great time to invest and make that happen.
“But rather than making a dent in your own cashflow or saving up for an outright purchase, securing an asset finance agreement allows you to spread the cost over low monthly payments during an agreed period of time. It also means you can let your new assets pay for themselves as you use them – definitely the smart way to invest and grow your business.”
More information about our asset finance products is available here, while our experienced Account Managers can be contacted on 01604 321 995.