Revolution to open first new sites in four years
The two sites, based in Exeter and Preston, take the Group’s total number of venues to 69, with Revolution now accounting for 49 of those.
Revolution Bar Group also operates the Revolución de Cuba, Playhouse. and Founders & Co brands.
The new openings follow the business’ positive momentum, return to profitability and year-on-year sales ahead of pre-pandemic levels earlier this year.
Revolution Exeter will have capacity for 720, is housed in a Grade II-listed building on Queen Street, and will open following an initial £2m investment.
The Preston opening, meanwhile, hails a return to the city for the Revolution brand, with the 600 capacity venue on the junction of Fishergate and Friargate launching with an initial investment of around £1.5m.
“After the last two years, with their myriad challenges, it’s hugely encouraging that our business is in a position to restart its expansion,” says Rob Pitcher, CEO of Revolution Bars Group.
“We are incredibly excited to add these new sites in Exeter and Preston to our portfolio. They’re both centrally located statement buildings, providing us the perfect backdrop to host unforgettable nights out for our guests.
“The road ahead is very bright indeed for us, although the industry is still fraught with obstacles in the form of inflation, soaring utilities bills and depleting consumer confidence in the face of the cost-of-living crisis. It’s vital that the sector is able to continue its recovery uninterrupted and that support is made available when and where possible.”
The business has recently re-opened sites in Cheltenham, Manchester and Newcastle and has more openings and refurbishments in the pipeline.