The Real Greek owner reports revenue boost as figures beat 2019
A UK restaurant group has announced that its revenues are more than a quarter higher than pre-pandemic levels.
Fulham Shore, which owns The Real Greek and Franco Manca, has seen revenues over the past three weeks grow to 27 per cent higher than the same period in 2019.
The company said that this is a “marked acceleration” on the eight weeks prior, which saw an 8 per cent average increase on 2019’s figures.
It added that while its city centre and West End London locations are still seeing lower revenue levels than 2019, footfall is growing week-on-week.
David Page, chairman of Fulham Shore, commented: “We are very encouraged by the accelerating revenue growth trends during recent weeks despite continued challenging trading conditions.
“This reflects the popularity and relevance of both Franco Manca and The Real Greek, underpinned by their great food and fantastic value.
We continue to see a number of exciting growth opportunities and are on course to open 10 locations during the current financial year, with more than 150 additional sites in our medium-term plans.“
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome