Hi. TBTW1 Mar 2019 06:53
Welcome to Barkby, you have made a very good choice in investing here. On the surface,a pub chain and a car car business don’t seem to have much in common. Look a little closer and you will see they share the same format. Namely, they are both hospitality, upmarket companies. Further, they are both rapid growing, highly profitable and cash generative. As I have said before, Giles Clarke is a master at this sort of company. As a guide, 5years to reach a large operation is easily obtainable. The accounts for period ending march 2018 show Centurian at some 130 k GP,already a year out of date. I would expect to see profits around 250 k for period ending march 2019. To answer your question directly, the tactic here is rapid growth,high profit with low cost acquisitions...........