Nightcap
Coverage focuses on the growth, brand strategy, and operational performance of a prominent UK late-night hospitality group, including acquisitions, trading updates, new concept development, and site expansion activity. Reporting offers insights for bar operators, investors, and F&B leaders tracking consumer demand for nightlife, cocktails, and experiential venues across key urban markets.
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Jun- 2023 -12 JuneNews
Nightcap acquires Dirty Martini for £4.65m
Late night bar operator Nightcap has announced the acquisition of Dirty Martini cocktail bar chain and its restaurant Tuttons in Covent Garden for £4.65m. Dirty Martini experienced tough trading conditions over the last year, in line with the hospitality industry in general, including the negative consequences of train strikes, the…
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Mar- 2023 -13 MarchPubs and Bars
Nightcap revenues hit £23.5m in half-year results
Nightcap has revealed that its revenues grew 48.7% to £23.5m during its half-year ended 1 January 2023, as like-for-like revenues increased 4.7% for the second quarter of FY23 against the same period last year. Despite significant rail strikes being held across the UK, the group managed to increase its adjusted…
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Jan- 2023 -11 JanuaryPubs and Bars
Nightcap hails ‘record’ Q2 results despite rail strikes
Nightcap has welcomed “record” trading in its latest quarter, with revenues up by 60.9% to £12.9m and like-for-like sales up by 4.7%, despite rail strikes impacting hospitality over the period. Group revenue for the month of December 2022 was £5.9m, a 71.8% increase compared to the £3.4m reported in December…
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Nov- 2022 -10 NovemberPubs and Bars
Nightcap to slow expansion plans despite revenue surge
Nightcap has announced that it plans to slow down its expansion plans of new site openings during the current financial year as trading in the first 13 weeks to 2 October 2022 has been “adversely” impacted by record warm weather, train strikes and the cost of living crisis, combined with…
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Oct- 2022 -21 OctoberPubs and Bars
Cocktail Club opens Canary Wharf site
The Cocktail Club, formerly known as London Cocktail Club, has officially launched its 17th site, with the opening of its new location in Canary Wharf. Located at 9 Cabot Square, the bar’s concept was initially conceived by John James ‘JJ’ Goodman and James Hopkins. JJ was crowned the winner of…
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Sep- 2022 -12 SeptemberRestaurants
Barrio Familia Group set to open new site in Watford
Nightcap, the owner of The Cocktail Club, the Adventure Bar Group and the Barrio Familia Group of bars, has announced the new opening for Barrio in Watford later this year. The ground and first floor character building is located at Bosley’s, The Parade, Watford and comprises a total area measuring…
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Aug- 2022 -30 AugustPubs and Bars
The Cocktail Club heads to Canary Wharf
The Cocktail Club has chosen Canary Wharf for its newest opening as the brand continues its regional expansion. The new site marks the brand’s seventeenth site overall and eleventh in the capital, set to open in October. The bar will be located at 9 Cabot Square, and will have a…
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22 AugustPubs and Bars
Barrio to open largest site in Covent Garden
Nightcap, the owner of The Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars, has announced the opening of a Tequila-focussed bar, the first new site for its Barrio brand following the acquisition of the Barrio Familia Group in November 2021. The latest lease signing at…
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17 AugustBusiness
Nightcap agrees £10m debt refinancing facility
Nightcap plc has agreed a £10m debt refinancing facility with HSBC UK as the owner of the Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars continues its expansion. Nightcap is using the bank’s support to consolidate existing debt facilities worth £5.5m across 34 sites, three…
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4 AugustPubs and Bars
Nightcap revenues jump 55.1% to £35.9m in FY22
Nightcap has reported its group revenues surged 55.1% year-on-year from £6m to £35.9m on a combined group of companies basis for the 53 weeks ended 3 July 2022 (FY22), with like-for-like revenues up 23.6%. The fourth quarter ended 3 July 2022 (Q4 FY22) also saw group revenues jump 73.2% to…
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