JEREMY Clarkson has opened up how much it costs to run his new £1 million pub, admitting he’s not sure they will ever make back all the money that’s been ploughed into the new business.
The Clarkson’s Farm star has refurbished the formerly defunct Cotswolds pub, now named The Farmer’s Dog, and officially opened to the public in the summer.
Jeremy Clarkson has opened up about his money fears[/caption] He admitted that his Cotswolds pub is ‘costing a fortune’[/caption] And he’s concerned he won’t make back his losses[/caption]However, Jeremy, 64, has now opened up about his financial fears as he’s come to realise how much it costs to run the country boozer.
During an interview with MailOnline, the presenter admitted the pub’s £1,000,000 price tag and ever-increasing costs were a big concern.
“This place is costing us a fortune. God knows if we’ll ever make our money back,” he said.
The TV presenter has tried to keep his prices affordable, with prices averaging £5.50 for a pint, £9 on small plates and up to £19 on a full meal.
Although these prices have faced some backlash, Clarkson’s Farm star Kaleb Cooper hit back at critics telling Metro it’s well worth the money.
“I’ve spent a little time there. It’s fantastic, it’s great, it’s really just a good traditional pub with good food, highlighting the quality of British produce.
“I don’t think there’s any difference in prices to any other pub,” he said.
Jeremy has tried not to let his “only British” ingredients rule impact prices for the punters, too, although he previously revealed that it costs more to make the food than what he charges.
Writing in his column for The Times, Jeremy explained his pricing.
“I do ask, if you drop by, to remember this. Your lunch, if it arrives at all, is costing us a lot more than it’s costing you – so please be kind,” he wrote.
Jeremy continued: “Imported black pepper is about £10 a kilogram, whereas the home-grown alternative is ten times more.
“There are other issues, too. If I butcher one of my own pigs and turn it into sausages, each one of those sausages will arrive at the pub costing 74p. If I buy imported pig meat, then the cost of a sausage is 18p. It was the same story everywhere.
“Now a business-minded person would look at these costs and realise that with British-only rules in place, a hotdog was going to be priced at about £45. But I’m not a business-minded person.
“So I just filled my heart with hope, asked an AI program to work out what the average price of lunch in a Cotswolds pub is and just charged that. It’s possible that for every customer who comes through the door, I’d lose about £10.”
By Conor O'Brien, TV Reporter
Clarkson’s Farm airs on Prime Video and follows TV personality Jeremy Clarkson as he manages his Diddly Squat Farm in the Cotswolds.
Three series have been released to date and here is an overview of what has happened so far.
Series 1
Series 2
Series 3
To combat rising costs, Jeremy had made plans to diversify his business by selling microwave meals and branded kitchenware, including knives, aprons, tea towels, crockery and cutlery, all linked to the rural boozer.
Baobab Productions Ltd, the firm behind his Farmer’s Dog venture, has applied to trademark the name with the UK’s Intellectual Property and is waiting for it to be rubber-stamped.
The application reveals Jeremy wants to be able to market “prepared meals consisting primarily of meat, fish, poultry or vegetables,” plus a range of other grub like “pre-prepared sandwiches and sauces.”
Clothing, footwear and headgear are also listed on the application, which was filed three days before the pub opened.
Baobab has also applied for the name “The Farmer’s Puppy” which will be a mobile kitchen, and “Hop and Chops” which will go on branded kitchenware as well as food and drink.
Jeremy has promised to serve only British ingredients in his pub[/caption] He has enjoyed a busy spell since opening but revealed he is making a loss on food[/caption]