Mystery buyer eyes up Honeycombe

11 November 2005
Mystery buyer eyes up Honeycombe

Preston-based pub and hotel operator Honeycombe Leisure is in talks with a potential buyer.

The group, which is listed on the Alternative Investment Market, revealed today that it has received preliminary approach from a third party.

In a statement it said: "It may or may not lead to an offer being made for the company."

Honeycombe stressed that discussions were at an early stage.

The group was founded in 1976 and now operates a managed estate of around 150 pubs, bars, inns and hotels in the north of England.

In the year to 1 May 2005, Honeycombe reported a pre-tax loss of £800,000 compared with a loss of £100,000 for the previous year.

Turnover grew by 7.7% to £36.24m.

By Angela Frewin

Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%.

Sudoku Join the craze and play Sudoku online!
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking