Buzzworks Holdings Group increased revenue by 8.4% to £37.3m in the 2024/25 financial year.

The Scottish hospitality group reported turnover of £34.4m the previous year, meaning the company achieved an underlying EBITDA of £3.32m. This compares with £3.77m in 2023/24 – a figure that also included insurance income.

The business reports that it continued to invest across its estate during the year, with total capital investment reaching £2.4m.

New venue openings

This included the opening of Lido Musselburgh in December 2024 and a new Herringbone venue in Barnton in May 2025, alongside refurbishment works at Lido Prestwick and The Longhouse in Kilmarnock.

Buzzworks also invested in staff training, internal processes and technology. The company said this was to support planned growth and future site openings.

Family management buyout

In June 2025, Buzzworks completed a family management buyout – a deal that was led by managing director Kenny Blair.

The buyout was supported by investment from London-based Alchemy Partners. Buzzworks said the partnership will support new venue development and further expansions.

Kenny Blair said the business grew despite rising costs: “Growing revenue in the current business climate is a real credit to our teams and to the loyalty of our guests,” he said. “We’ve continued to trade strongly while absorbing significant cost pressures.”

Rising energy and labour costs

Kenny pointed to rising energy and labour costs in Scotland. He also cited the impact of non-domestic rates on hospitality investment.

“We’re operating against a tough backdrop in Scotland, from energy and labour increases to a non-domestic rates system that can disproportionately penalise hospitality businesses when they invest,” Blair said.

Buzzworks said it has taken steps to manage inflationary pressure, including supplier tendering, tighter cost controls and managed pricing.

The group said standards were maintained during the year; Buzzworks was named UK ‘Best Managed Pub Company’ at the 2025 Publican Awards.

The company also became Scotland’s first multi-venue hospitality operator to achieve B Corp certification.

Buzzworks operates 22 venues across Scotland and employs more than 800 people.