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Premium Bars & Restaurants see sales rise

08 January 2008 by

Premium Bars & Restaurants saw total group sales leap by more than 100% in December thanks to a record breaking performance from its Living Room brand.

The company, previously Ultimate Leisure, snapped up Living Room from Living Ventures in a £8.75m deal last June.

In the three weeks ended 23 December, The Living Room averaged weekly sales per site of more than £83,000, a brand record.

Mark Jones, chairman at Premium Bars & Restaurants, said: "Overall we are pleased with our performance in the crucial month of December.

In the six months to the year end, the company disposed of five sites and opened a new Prohibition in St Katharine's Dock in the City.

It has also exchanged contracts on a new Living Room site for The Hub restaurant complex in Milton Keynes.

Living Ventures reveals new Est Est Est name >>

By Chris Druce

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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.

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