Green King’s (and the other large pubco chains) business model is to trap people who think “I could run a pub” and use up their 50k retirement fund to pay the GKs mortgage for them and force them to buy their product at grossly inflated wholesale prices until the go bankrupt or realise they’re in a trap and bail. Then they do it all again.
If anyone somehow manages to actually turn a profit, they find an excuse to evict the tenant and install a manager instead and extract anything of value before starting the cycle over again when it inevitably slides into unprofitability.
Green King’s (and the other large pubco chains) business model is to trap people who think “I could run a pub” and use up their 50k retirement fund to pay the GKs mortgage for them and force them to buy their product at grossly inflated wholesale prices until the go bankrupt or realise they’re in a trap and bail. Then they do it all again.
If anyone somehow manages to actually turn a profit, they find an excuse to evict the tenant and install a manager instead and extract anything of value before starting the cycle over again when it inevitably slides into unprofitability.