NIGHTCLUB operator The Luminar Group, which runs Preston clubs Evoque and Squires, today announced a massive 50 per cent increase in its annual profits.
The company, which employs 2,000 people and operates 53 nightclubs nationwide, delivered a profit before tax of £3.4m and earnings of around £9.7m in only its second full year of trading under a new management team.
Over the last 12 months, Luminar has invested significantly in its clubs, including £500,000 at Evoque in Church Street, Preston.
Fifty new jobs were created when the venue – formerly Lava and Ignite – was relaunched last August.
The investment created new dance floors, extra seating, raised VIP booths and the latest in sound and lighting systems.
The group has revealed that Squires is also now on the waiting list for a major refurbishment.
Luminar’s regional director Tony Gorbert said the group’s investment in clubs like Evoque had paid off.
He said: “This is great for us and it’s great news for Preston.
“The strategy we adopted on acquisition of the business continues to deliver and we are pleased with the consistent progress we are making.
“Our trading position continues to strengthen as the effects of investment in our estate and our people, together with a robust focus on cost control, improve profitability.”
Mr Gorbert added: “We’re proud of the high quality nightclubs we now operate.
“A passion for innovation, together with a commitment to customer service is a key part of our plan and our Preston clubs offer some of the region’s best nights out.”