Choosing premises, thinking of a name, appointing an interior designer, stocking your favourite tipples, recruiting your bar staff, launch parties, press coverage? Kudos!

Well now you could be getting a share of your very own bar in central London

“A lifetime membership with MYO London will cost £175 (which includes a £25 administration fee) and the funds raised by this investment will be directed back into the society and into the creation of the very first MYO Bar.”

“We are looking at a minimum of 2,000 members of £175. A figure that gives us the minimum capital required to begin the process and purchase a lease on an existing licensed premises in Central London.”

But its not only the share that you will be hold in the company, you are also going to be directly incorporated into making important decisions about the pubs design etc.
What about a return on your investment? “There will be a facility for profits to be distributed as either dividends or loyalty discounts, again this is up to the membership to decide every year. “

The founders aim at creating a loyalty amongst their investors which will be profitable for the business but ultimately profitable to the community. The founders Karl Sawyer, James Wilkins, Jack Cunningham, Sam Devito-French, Ludek Dvorak aim to take the concept further than London.

“MYO Bar will use the foundations and learnings of the London flagship and take the concept to major cities in the United Kingdom and abroad.”

“Your membership could entitle you to network privileges at all MYO venues: Brighton, Sydney, New York... the concept might rely on the locality of its customer base but the potential is truly global.”

KEYPOINTS:
1. Your bar will be located in London.

2. We require a minimum of 2000 investors.

3. Investment costs £175 and buys you a single life-time membership.

4. This bar will be owned and managed by members of the MYO LONDON Society only.

5. The bar will be managed on a 'one member, one vote' system.

6. Members will be subject to membership terms which will be available before registering in accordance with Industrial & Provident Society rules.

7. Voting will take place on a secure members website.

8. To protect the business all voting and subsequent decision making will be monitored by the board of directors and all accounts are encouraged to be audited.

9. Some bars don’t make profits and as such it would be folly to suggest that this is an opportunity to make your millions. Your main aim should be to open and run a bar in the city in which you live, and enjoy it.

10. A successful bar may make profits and the membership will decide on how those profits are used (dividends, reinvestment, charitable donations).

11. We intend to grow the business by opening bars in major cities in Europe, The Americas, Australia and Oceania and Asia.