Two Manchester bars close with immediate effect as major nightlife operator enters administration
Two Manchester bars have closed with immediate effect.
The company behind recognisable bars Revolution and Revolucion de Cuba has confirmed it is closing 21 venues with immediate effect, including two well-loved Manchester city centre haunts.
The Revel Collective, one of the UK’s best-known bar operators, has entered administration, triggering the closure of 14 Revolution bars, six Revolucion de Cuba venues and one Peach Pub.
The move has resulted in 591 job losses, with administrators saying that rising costs and weaker spending by younger customers made parts of the business unsustainable. But, administrators at FTI Consulting have confirmed that large parts of the business have been sold, with the future of 41 other venues and 1,582 jobs protected.
The Revolution and Revolucion de Cuba brands have been bought by Neos Hospitality Group, while the remaining Peach Pubs business has been acquired by Coral Pub Company.
The Revel Collective said it has been hit by a combination of higher operating costs, including energy and wages, alongside younger customers going out less often as budgets tighten.
Revolution bars closing
- Cardiff
- Durham
- Exeter
- Glasgow (Renfield Street)
- Huddersfield
- Ipswich
- Leeds (Electric Press)
- Leicester
- Manchester (Oxford Road)
- Manchester (Parsonage Gardens)
- Nottingham
- Plymouth
- Preston
- Sheffield
Revolucion de Cuba bars closures
- Aberdeen
- Cardiff
- Derby
- Harrogate
- Liverpool
- Reading
Peach Pubs closures
- The Almanack at Kenilworth, Warwickshire