New owners for Frankie and Benny's restaurants in Northern Ireland
Northern Ireland’s two Frankie and Benny’s restaurants have a new owner following a £7.5m deal.
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Northern Ireland’s two Frankie and Benny’s restaurants have a new owner following a £7.5m deal.
The Restaurant Group Plc (RTN.L), a British chain of restaurants and public houses, said on Monday that it has inked deal with respect to the proposed sale of its loss making Leisure business comprising of 75 trading sites and associated restaurants to the Big Table Group.
TRG said it will pay £7.5 million in cash to Big Table, which owns Cafe Rouge, Las Iguanas and Bella Italia, for it to buy the loss-making business.
TRG said it will pay £7.5 million in cash to Big Table, which owns Cafe Rouge, Las Iguanas and Bella Italia, for it to buy the loss-making business.
The Big Table Group has bought Frankie & Benny's and Chiquito from The Restaurant Group, with restaurants in Ipswich in Suffolk recently closing.