The Revel Collective has revealed that it is commencing a formal sales process as part of a wider strategic review.
The group, which owns Revolution Bars, Revolución de Cuba, and Peach Pubs, is assessing all strategic options for the business, including a potential sale, after experiencing a “sustained period of external challenges that have affected its operations and trading performance.”
The Revel Collective, which rebranded from Revolution Bars Group after a restructuring around this time last year, stated that ongoing economic pressures and the “cumulative impact of Government measures in the last Budget” have hindered the company’s ability to enhance its performance.
The company reported that the combined costs of changes to the employer NICs threshold, increases in the minimum wage, and higher duty on spirits amount to more than £4m annually.
The struggling company said that although it held some optimism at the end of its 2025 financial year over the summer, this has not translated into an improvement in cash flow.
Group revenue has fallen short of expectations as consumer confidence remains fragile, particularly among younger customers who continue to feel the effects of the cost-of-living crisis.
Although Peach Pubs delivered satisfactory trading, overall group revenue for the first quarter of 2026 was £26.3m, a 7.4% decline on a like-for-like basis, including a 10.5% drop in like-for-like sales from the group’s bar division.
Net debt stood at £25.3m as of 30 September 2025, up from £22.1m at the end of June 2025.
The group said it still anticipates strong trading over the festive period but remains cautious about the slower months of January and February, forecasting that “to stay within its banking limits, the company will require additional funding at some point in the new calendar year.”
The Revel Collective is not currently in talks with any potential buyer and cautions that there is no guarantee an offer will materialise. The group expects that any transaction would be completed in the new calendar year.