Turnover up 15% in year of growth for Buzzworks

Kenny, Alison and Colin Blair

Turnover up 15% in year of growth for Buzzworks

Scottish hospitality group Buzzworks Holdings Ltd is celebrating a successful year after turnover rose 15.6% to £14.8m.

Pre-tax profit increased by 9.2%, from £635,626 in 2016 to £694,248 in 2017, despite sector challenges.

The financial year ending April 2017 saw the company make a significant investment in its established restaurants, and the arrival of the Corner House in Kilwinning.

The annual results identified a 13% increase in employee numbers as Buzzworks continues to invest in its people through its in-house training academy, and for the second year running the company was identified in the Sunday Times 100 Best Companies to Work for in the UK list.

In the coming year, entrepreneurs Kenny, Colin and Alison Blair will look to establish the newest venue in the portfolio, The Coach House in Bridge of Weir. The team are also on the lookout for new venues across Scotland.  

Kenny Blair, director at Buzzworks Holdings, said: “It is fantastic to reflect on such a strong financial year where we have invested in a host of new projects and seen the extensive refurbishment of our flagship venue – Scotts in Troon.

“Last year was an exciting time for Buzzworks Holdings and as a company we achieved some healthy results; however we are constantly looking forward and our focus is now on how to make 2018 even more of a success as we expand into the east coast and beyond.

“We move forward with cautious optimism as the sector continues to face challenges relating to increased supplier and staff costs however we have managed this well. We will continue to invest heavily in our people and bring them along on this exciting journey, whilst making sure our customers continue to enjoy world class hospitality at each of our venues.

“We believe this commitment to excellence and investment in the team and the portfolio have been instrumental in our success to date.”