Restaurant firm dishes out 35 sites
Published 28/02/2013 | 04:20
A leading restaurant operator is to open as many as 35 new sites this year after its Frankie & Benny's chain "performed superbly" during 2012.
The Restaurant Group, whose other brands include Chiquito, Garfunkel's and Coast to Coast, said overall like-for-like sales were up 4.5% last year as pre-tax profits improved 7% to £64.6m.
It created 700 jobs in the period after opening 28 sites and said it was targeting between 28 and 35 additional locations this year.
With many sites located next to cinemas, it has benefited from a strong line-up of film releases.
F&B's trades from 217 sites and expects to expand by between another 13 and 17 outlets.
It added that this year has started well, with like-for-like sales for the group up by 6.5% on a year earlier.