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Revolutions Bars Group to trial ‘competitive socialising’ concept

The brand also said eight new sites will be developed across the next two financial years, expecting the majority to be delivered in 2023

Revolution Group has announced the launch of a new competitive socialising concept to be trialled in November 2021.

The brand has already launched Founders and Co earlier this year, which opened in the former Revolution site in Swansea.

It revealed the brand is a “competitive socialising concept” with a “nostalgic nod” to the games found at a British seaside pier coupled with pizza and cocktails.

The brand also said eight new sites will be developed across the next two financial years, expecting the majority to be delivered in 2023.

The news comes after it was revealed that In the 53 weeks to 3 July, the group reported a pre-tax loss of £26.3m, with revenue falling from £110m to £39.4m.

Although Revolution Bars said after the first 14 weeks of the financial year 2022 it has already exceeded the total revenue generated in 2021, with total revenue currently up 137%.

Rob Pitcher, CEO, said: “We are very excited to be back trading and doing what we do best. As we had hoped and expected, our young guest base was ready to return to our bars and we continue to be pleased with our level of trade, reflecting the fun and memorable experiences our teams create for our guests.

“Our strategy, and the investment in our brands and people, is showing real results. We are pleased with the launch of our two new brand concepts, and love to see our two established brands continue to thrive and grow.”

He added: “I am thankful to our colleagues for their resilience, professionalism and dedication. Our teams continue to create the party, and it is this effort that has resulted in our guests returning in such numbers which has in turn allowed us to enjoy such a strong start to our year.”

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