Nightcap, the owner of The Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars, has recently opened sites for The Cocktail Club in Reading and Bristol during the past few months.
The new venue will open at 31 Temple Street, Birmingham. It will be a ground-floor site covers an area of approximately 4,600sq ft that will be split into three bar areas with an unrestricted capacity of 450 and will have a seven days a week licence until 2am.
Third Nightcap opening in city
This marks the third opening from Nightcap in Birmingham as it joins the Adventure Bar Group’s Tonight Josephine brand and its large outdoor space, Luna Springs.
Since Nightcap acquired The Cocktail Club last year, it has opened five sites under the brand, with the Temple Street site taking it to six, and the total number up to 16. Nightcap now has 31 sites within its estate and a further 25 premises under offer or in legal negotiations for all of its brands as it continues to see favourable market conditions for site acquisitions across the country.
Format for success
Nightcap chief executive Sarah Willingham said: “From the outset, we felt The Cocktail Club format had the opportunity to successfully operate larger sites. Both Reading and Bristol exceeded our maturity net sales targets within their first three months of operation and we are confident that Birmingham will continue that trajectory with an even larger site.
“We are continuing our expansion programme as scheduled and just as with the prime areas of London and Cardiff, we are excited to open multiple formats within prime areas of Birmingham, which is one of our main target cities for all of our brands.”
Nightcap recently reported its half-year results, which it described as “fantastic”. Its revenues rose by more 700% and also reported like-for-like revenue growth of almost a quarter (24.8%) for the nine weeks ending 27 February 2022, compared to the same period in 2020 and a similar percentage (24.6%) against the same time-frame in 2019.