Propel Info’s Post

𝐋𝐨𝐧𝐝𝐨𝐧 𝐒𝐡𝐮𝐟𝐟𝐥𝐞 𝐂𝐥𝐮𝐛 𝐬𝐞𝐞𝐤𝐬 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐭𝐨 𝐝𝐫𝐢𝐯𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐚𝐬 𝐢𝐭 𝐥𝐨𝐨𝐤𝐬 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝 𝐚𝐜𝐫𝐨𝐬𝐬 𝐭𝐡𝐞 𝐔𝐊 𝐚𝐧𝐝 𝐨𝐯𝐞𝐫𝐬𝐞𝐚𝐬, 𝐨𝐩𝐞𝐧𝐬 𝐧𝐞𝐰 𝐯𝐞𝐧𝐮𝐞 𝐚𝐧𝐝 𝐫𝐞𝐛𝐫𝐚𝐧𝐝𝐬: London Shuffle Club is seeking investors to help drive its growth plans and has rebranded to just Shuffle Club as it looks to expand across the UK and overseas, Propel has learned. Former events organiser Graeme Hawkins founded London Shuffle Club with wife, Nine, in 2016, having previously operated the concept as a pop-up in the Truman Brewery in east London. The business previously operated out of Ebor Street in #Shoreditch, a site which it vacated in January, and has just moved into a new home nearby, in the former Beach Blanket Babylon unit in Bethnal Green Road. “We see opportunities across the UK in major cities, and notably, internationally,” Graeme Hawkins told Propel. “We can adapt the offering to suit the space. This year is planned for a second site, and then two a year from then on. At two a year in the UK, we have pipeline for five years, and then international is very exciting, and there’s no limit. We’ve invested heavily in our head office team and infrastructure so we’re ready to move quickly. The market has changed since we began as a pop-up in 2016 – expectations of fit out and service have increased exponentially. There’s also more competition, but that’s because there’s appetite for what we offer. Trading was tough post covid, but the amount of enquiries and bookings we’ve had without opening the doors paints a good picture. We love shuffleboard and believe its beautiful simplicity, coupled with special interiors, food and drink, is the sweet spot that differentiates us.” The new Bethnal Green site features 12 gaming tables across three floors alongside an enhanced food and drink offering. “Our Ebor Street venue provided an incredible opportunity, but it was never going to be a long-term home for the business,” Hawkins added. “The opening of this site is an exciting step for us that really solidifies the business with a long lease in an area we have traded successfully for years. In the last year, we have worked hard to define our position in the market and have invested in areas across the board to further enhance our product. Expect to find an expanded food and drinks offering and the introduction of tech to enhance, but not dictate, the game-playing experience in a beautiful, iconic site. We don’t want to stop there. We are in regular discussions on additional venues for our lane shuffle offering plus mixed shuffle sites.” PROPEL HOSPITALITY LIMITED #leisure #hospitality #newsites #growth #expansion #eastlondon #UK #nationwide #rebranding

😎 It’s fitting that we’ve got a TheBusinessDesk.com event with hospitality and clubbing kingpin Sacha Lord next week. 🎶 To prepare I went to the official launch of his new book Tales From The Dance Floor on Thursday, which took me back to my clubbing days: we were only tipped off about the location the day before; when I got there I saw a queue around the block; but I still managed to blag my way in at the front of the queue. 😴 However, such is my lack of energy these days, I did an early dart from the dark but impressive re-purposed venue for the comforts of my home. Sacha spoke about the content of his new book with co-writer Luke Bainbridge, but it’s the other things he speaks about frequently that rang true this week. 🍻 The leisure and hospitality sector has been taking a hammering, which as Night Time Economy Adviser for Greater Manchester, Sacha has done a lot of campaigning lately. 🍸 The turmoil at Ashton-under-Lyne headquartered Revolution Bars Group PLC was one of our biggest stories this week, and with a deeper dive on our Rainmakers platform. A rescue deal being led by controversial entrepreneur Luke Johnson is designed to address their debt issues, close some sites, and potentially flog off bits of the business that don’t work anymore. 🥗 Hospitality, very much like retail and leisure, is such a trend driven sector, as Johnson knows from his previous experience. So on top of the financial engineering they will also need to really interrogate what will work different parts of their customer base. It will be a very different business that emerges. 🏢 The shape of Liverpool’s skyline is also changing with the King Edward Triangle neighbourhood within Liverpool Waters, looking at developing high quality residential and mixed-use towers on the site. 🎾 I wouldn’t bet against a new bar concept and a Padel Club forming part of that development. But probably not a rave venue. Have a great weekend. * This regular Friday post on LinkedIn is a copy of my Friday High Five (with added emojis) which sits on TheBusinessDesk.com right here. 👇 https://lnkd.in/e2gd-CDB

The rise of private members' clubs is reshaping the real estate landscape. In the past four years, more clubs have opened than in the previous three decades, making them one of the fastest-growing subsectors in the industry. These exclusive spaces bring undeniable value, adding glamour to destinations and boosting local retail, restaurants, and hotels. Discover insights into this growing trend in the Douglas Elliman - Knight Frank Guide to Private Members’ Clubs. #privatemembersclub #realestatetrends #douglaselliman #knightfrank #luxuryrealestate #hospitalityinnovation

Why members only clubs are everywhere right now.... The evolution of New York City's social landscape, emphasizing a notable shift towards exclusivity and membership-based access in its nightlife and social scenes. Many venues require memberships, connections, or significant financial investment to gain entry, reflecting a broader trend of privileging exclusivity and status in social interactions. The article explores how this change has reshaped the dynamics of socializing in the city. It suggests that these exclusive spaces not only cater to those who can afford them but also redefine what it means to be part of New York's social elite. What are your thoughts? Comment down below to spark the conversation... Read the article here: https://lnkd.in/eVCzNceG THROW BACK, Branded Hospitality Ventures Hospitality Headline Newsletter shared their outlook on this topic last year. Click here to give it a read: Luxury Dining is Undergoing a Transformation – Does Major Food Group Have The Answer? (hospitalityheadline.com) Branded Hospitality Ventures #innovation #marketing #socialnetworking #hospitality Scott Sartiano Zero Bond BOND Hospitality Noah Stern Major Food Group Casa Cipriani New York Soho House & CoOmar Aly Duncan Menaker Rajat Dhawan, PhD Thomas Allen

Business for Sale | Ringwood Vic Exceptional entertainment hub & freehold for sale Exceptional Investment Opportunity under a Million Dollar Waits for you at the price lower than the set-up cost! Your Entrée to success awaits at this Exceptional Entertainment Hub in thriving Eastern Suburb! Seize the opportunity to own a thriving 3-floor entertainment hub at an unbeatable price! This sensational establishment, including a night club on the lower ground, a vibrant beer garden and restaurant on the first level, and a luxurious private function room on the top floor, is now available for purchase at $999,000 - priced significantly below the setup cost. Key Highlights of this Incredible Entertainment Hub: Night Club (Lower Ground): - Immerse your guests in the electric atmosphere of the Lower Ground night club, offering an unparalleled nightlife experience! Beer Garden and Restaurant (1st Level): - Delight your patrons with a charming beer garden and an exquisite restaurant on the first level, perfect for culinary enthusiasts and relaxation seekers. Private Function Room (Top Floor): - Elevate events and gatherings in the sophisticated private function room on the top floor, designed to host exclusive celebrations in style. Additional Opportunity for Astute Investors: - For visionary investors, these premises are also available for purchase at $9,999,000, presenting a rare chance to secure the property along with the established entertainment hub. This dual investment opportunity sets the stage for long-term growth and strategic control over the business and real estate. Why Invest in this Unmissable Opportunity: - -Priced attractively below the setup cost, offering exceptional value and potential for lucrative returns. -Established business with multiple revenue streams and a strong customer base. -Prime location and well-appointed facilities for continued success and growth. -Dual investment option for acquiring both the business and the premises, providing a comprehensive investment package. Act Now and Make Your Mark in the Entertainment Industry! View more details: https://lnkd.in/gaDJMRXs #businessforsale #freeholdopportunity #investmentopportunity #investinabusiness #smallbusinessmelbourne #buyabusiness #sellingabusiness #businessbrokers

Why members only clubs are everywhere right now.... The evolution of New York City's social landscape, emphasizing a notable shift towards exclusivity and membership-based access in its nightlife and social scenes. Many venues require memberships, connections, or significant financial investment to gain entry, reflecting a broader trend of privileging exclusivity and status in social interactions. The article explores how this change has reshaped the dynamics of socializing in the city. It suggests that these exclusive spaces not only cater to those who can afford them but also redefine what it means to be part of New York's social elite. What are your thoughts? Comment down below to spark the conversation... Read the article here: https://lnkd.in/g8FdAAUH THROW BACK, Branded Hospitality Ventures Hospitality Headline Newsletter shared their outlook on this topic last year. Click here to give it a read: Luxury Dining is Undergoing a Transformation – Does Major Food Group Have The Answer? (hospitalityheadline.com) Branded Hospitality Ventures #innovation #marketing #socialnetworking #hospitality Scott Sartiano Zero Bond BOND Hospitality Noah Stern Major Food Group Casa Cipriani New York Soho House & CoOmar Aly Duncan Menaker Rajat Dhawan, PhD Thomas Allen

Chelsea To Sell Millennium And Copthorne Hotels Photo: © Copyright Russell Trebor and licensed for reuse under this Creative Commons Licence. The Premier League has approved the sale of two hotels by Chelsea football club to another company linked to the club's owners The sale ensures Chelsea avoid falling foul of the Premier League's spending rules. Company accounts in April showed that the Millennium and Copthorne hotels next to Stamford Bridge had been sold for £76.5million. The sale will allow Chelsea to reduce its losses from £166m to £89m and avoid sanctions activated by profit and sustainability rules. Premier League clubs are currently permitted maximum losses of £105m over a three-year period. The hotels changed hands from Chelsea FC Holdings Ltd to BlueCo 22 Properties Ltd, both companies under the control of Todd Boehly and Clearlake Capital ownership, and has been cleared because the deal has been deemed to be fair market value. In July Citadines-owner Ascott Limited announced plans to take management of the 232-bedroom hotels and rebrand the properties as its first Lyf hotel in the UK by the end of 2025. Ascott’s chief commercial officer said Lyf was chosen over its 13 other brands because of its “strong appeal with the younger demographic” and its “experience-driven” offering. The Lyf brand was created in 2016 and started in Singapore before expanding into Europe for the first time last year. It now operates in 21 cities and is aiming to reach 150 sites by 2030. Read More:

Hoteliers Say Sporting Quarter Plan Is A Winner News that developers behind a £200m ‘sporting quarter’ in South Bristol hope to break ground in 2025 has been warmly welcomed by the city’s hoteliers. A legal challenge against the application has been dismissed, paving the way for the development to go ahead and create Bristol’s biggest indoor sporting and cultural venue. The Ashton Gate Sporting Quarter, close to Ashton Gate Stadium, home of Bristol City Football Club and the Bristol Bears rugby club, will feature a 5,000-capacity multi-purpose arena and convention centre. This would provide a permanent home for the Bristol Flyers basketball club. The development also features a four-star hotel, flats, offices and a multi-storey car park. Planning permission was granted by Bristol City Council a year ago but the development was delayed when local waste firm ETM asked for a judicial review into the authority’s decision to approve plans to build 500 new homes on nearby land, which would help fund the sporting quarter. But a High Court judge dismissed ETM’s challenge, enabling the project team to be re-started, with hopes of breaking ground next year. The news has been warmly welcomed by the Bristol Hoteliers Association (BHA), which says it’s a very welcome investment in the south of the city. BHA Chair Raphael Herzog said: “These plans were first unveiled in 2018 and we’re delighted that the recent High Court ruling means that things can start moving forward and some top-class new facilities can be created in the south of the city. “With the 19,000 capacity YTL Arena in the north of the city – the fourth largest UK venue – expected to be up and running by 2027, and potentially generating 300,000 ‘bed nights’, there is cause to be extremely optimistic about the future of Bristol’s hospitality sector. “The past few years have been extremely challenging, coping with the fall-out from Brexit, the pandemic and the cost-of-living crisis. “We’ve been left disappointed by successive Government budgets, which have not given our sector the support we have been calling out for. “But it’s not all doom and gloom, with these two developments alone signifying significant investment which will inevitably have a positive impact on existing hospitality providers in the city. “We can’t wait for these new developments to be realised and for Bristol’s appeal as a go-to destination to be massively increased.” “Business is still tough in the current climate, but there is definitely cause for optimism. The dismissal of the legal challenge to the Ashton Gate Sporting Quarter means there is a brightening light at the end of a long tunnel for the city’s hospitality sector.” Read More:

🍺 NEW LISTING 🎪 Pub for Sale in Hertfordshire – Established Pub to Buy with Strong Local Presence Category: Pub/Events Location: Hertfordshire Business Overview:  This charming canalside public house is a thriving community hub known for its inviting, family-friendly atmosphere. It features a spacious garden with a playground and bouncy castle (weather permitting), ideal for families, and welcomes dog owners with clear policies. The pub regularly hosts private functions, charity events, and corporate gatherings. Its indoor function room and outdoor marquee suit events of all sizes. A full-service kitchen operates daily, with a popular Sunday lunch and a takeaway service for pre-booked collections. With a robust calendar of community-focused events, the pub attracts regular patrons through themed evenings like car clubs, salsa classes, and open mic nights. Fridays feature live music, and outdoor barbecues make the most of summer. The venue collaborates with the local Waterways Trust for charity events that foster community spirit. Catering to families and special interest groups, the pub handles weddings, birthdays, and more. Unique gatherings like dog shows and biker meetups ensure a steady flow of visitors throughout the year. For buyers seeking a community-centered business with diverse revenue streams, this canalside public house is a turnkey opportunity poised for growth. Key Financials: Annual Revenue: £400k EBITDA: £60k Inventory: £7k Tangible Assets: £7k Debtors: £15k Cash in Bank: £7k Employees: 3 full time 3 part time 2 casual Reason for Sale: Retirement Growth Potential: Events, All year-round use of the garden – Music venue Client Base: Normal regulars plus a reputation for private parties in the function room and garden marquees (summer only). Large garden attracts families in summer & events brings customers to see whoever is performing etc Competitive Advantage: free private car park, along popular canal walk, Huge garden with outside bar & seating. Play area for kids. Location Type: Pub Square Footage: 1438 sq ft of trading area with a 50000 sq ft garden Lease Term: 5.5 years Transition Support: Up to 12 months if needed Confidentiality: Strict confidentiality maintained during the sale process. NDA Required: Yes Financing Options: Pre Approved finance available. Contact Information: Business Broker: Samantha Hicks Broker’s Contact Information: 07445 154185 s.hicks@dealmakr.io Disclaimer: Information is for informational purposes only and subject to confidentiality agreements. All prospective buyers must sign an NDA before receiving detailed information.

Help Save Boxpark Shoreditch, a cornerstone of Shoreditch’s vibrant community. Boxpark Shoreditch is facing an uncertain future. As a valued member of the hospitality, night-time economy, and events community, your voice is crucial in preserving this beloved venue and the future of their independent retailers. By completing this form, you are joining the fight to safeguard Boxpark Shoreditch and its essential role in our community. Michael Kill, CEO of the Night Time Industries Association, has spoken out on this pressing issue: “Boxpark Shoreditch exemplifies the exact issue faced across the country with red tape and restrictive regulatory controls stalling business investment. This has to stop. People are fed up. The new Government has made an amazing start, and I call on them to reach into the local authority and invigorate the local planning department and Hackney Council to find a solution.” Nadia Jae (TV & Radio Presenter) from the ARIA Winning BBC 1Xtra Breakfast Show shared her thoughts: “Boxpark Shoreditch has been a second home for me. I’ve had days out, nights partying and it’s always a safe and enjoyable experience. As a DJ it’s home to my NJ & Friends terrace party where I’ve had nights I will never forget. I’ve partied with my family, celebrated my birthday, made new friends and even have the bar staff singing along to music because we have such a good time. Sundays I’ve brought my nieces and nephews to day parties at Boxpark, it’s always a safe and fun environment and is the heartbeat to Shoreditch. I can’t imagine life without it. Night life as a DJ in London is already concerning with so many venues closing down, but not only does Boxpark provide nightlife it does something that no other venue does. It provides a daytime experience of food, vibes and cultural events such as football for all to come along and enjoy. This campaign is important for highlighting what a huge hole will be left if Boxpark Shoreditch was to close. Truly there is no other place like it.” This is on behalf of the 50+ businesses that depend on it, the hundreds of staff whose jobs rely on it and the millions of visitors who flock to it each year, we call upon Hackney Council to do all it can to prevent BOXPARK Shoreditch from closure. We have initiated a campaign to save BoxPark Shoreditch. Your help and support would be greatly appreciated. Please see the link below to join the cause. hashtag#SaveBoxPark Click the lInk Below to Access the Campaign: https://buff.ly/3zQCf88