AUSTRALIAN Leisure and Hospitality Group has completed this year’s acquisition plans with the imminent purchase of Subiaco bar and restaurant, Black Tom’s.
AUSTRALIAN Leisure and Hospitality Group has completed this year’s acquisition plans with the imminent purchase of Subiaco bar and restaurant, Black Tom’s.
While the purchase price has not been disclosed, settlement of the deal is expected in the coming weeks and completes the group’s goals, which were set out earlier this year.
After ALH’s acquisition of The City Hotel in January, ALH regional operations manager Allan Jefferies told WA Business News the group had further plans to develop another key inner city site.
Mr Jefferies said the recent purchase of Black Tom’s suited the company’s expansion strategy.
“The planned purchase fits in well with our long-term strategy for WA and is a sign of ALH’s confidence in the local industry,” he said.
Black Tom’s owner Warren Mead acquired what was then called Mead’s Fish House from ex-wife Linda Mead last year.
Mr Mead said the sale of Black Tom’s gave him the opportunity to concentrate on new plans, including the purchase of Ms Mead’s LinQ restaurant, which opened in September last year.
Ms Mead spoke to WA Business News in May about ongoing speculation of LinQ’s operational viability and denied the restaurant was on tight trading terms with suppliers.
She will remain at LinQ in a front-of-house capacity following the change of ownership.
Mr Mead said he had exciting plans for both Mead’s Mosman Bay and LinQ, but was unwilling to disclose them at this stage.
However, ALH’s purchase of Black Tom’s does not mean it will hold-off discussions to purchase the lease of Victoria Park’s Culture Garden.
ALH area manager Brian Hopely said the group was still in negotiations regarding the lease.
ALH has also confirmed that The City Hotel will be known as Belgium Beer Cafe Westende.
Mr Hopley, who recently returned from a research trip to Europe, said the new look cafe would open in October.
“The fit-out is leaving Belgium as we speak,” Mr Hopley said.
“It is going to be a major development.
“We are re-establishing the courtyard and incorporating a fountain that is also on its way from Belgium.”
He said the hotel’s restaurant, VenVisto, would operate as a function room until the new year.
“We are undecided with what we are doing with it and will look at doing something in the new year,” Mr Hopley said.
He said that, in the meantime, consumers could expect a range of quality Belgian beers on tap and an extensive menu with truckloads of mussels.
While the purchase price has not been disclosed, settlement of the deal is expected in the coming weeks and completes the group’s goals, which were set out earlier this year.
After ALH’s acquisition of The City Hotel in January, ALH regional operations manager Allan Jefferies told WA Business News the group had further plans to develop another key inner city site.
Mr Jefferies said the recent purchase of Black Tom’s suited the company’s expansion strategy.
“The planned purchase fits in well with our long-term strategy for WA and is a sign of ALH’s confidence in the local industry,” he said.
Black Tom’s owner Warren Mead acquired what was then called Mead’s Fish House from ex-wife Linda Mead last year.
Mr Mead said the sale of Black Tom’s gave him the opportunity to concentrate on new plans, including the purchase of Ms Mead’s LinQ restaurant, which opened in September last year.
Ms Mead spoke to WA Business News in May about ongoing speculation of LinQ’s operational viability and denied the restaurant was on tight trading terms with suppliers.
She will remain at LinQ in a front-of-house capacity following the change of ownership.
Mr Mead said he had exciting plans for both Mead’s Mosman Bay and LinQ, but was unwilling to disclose them at this stage.
However, ALH’s purchase of Black Tom’s does not mean it will hold-off discussions to purchase the lease of Victoria Park’s Culture Garden.
ALH area manager Brian Hopely said the group was still in negotiations regarding the lease.
ALH has also confirmed that The City Hotel will be known as Belgium Beer Cafe Westende.
Mr Hopley, who recently returned from a research trip to Europe, said the new look cafe would open in October.
“The fit-out is leaving Belgium as we speak,” Mr Hopley said.
“It is going to be a major development.
“We are re-establishing the courtyard and incorporating a fountain that is also on its way from Belgium.”
He said the hotel’s restaurant, VenVisto, would operate as a function room until the new year.
“We are undecided with what we are doing with it and will look at doing something in the new year,” Mr Hopley said.
He said that, in the meantime, consumers could expect a range of quality Belgian beers on tap and an extensive menu with truckloads of mussels.