Franco Manca owner appoints advisers for possible sale

The popular pizza chain Franco Manca and The Real Greek restaurants are making headlines once again, but this time it’s not for their delicious food. The group that owns these two beloved restaurants has recently announced that they have hired advisors to review their strategic options, potentially leading to a sale or restructuring. This news has sparked a lot of interest and speculation in the UK’s restaurant industry.

Fulham Shore, the parent company of Franco Manca and The Real Greek, made the announcement on Friday that they have appointed advisors Alvarez & Marsal to assist them in exploring their options. This move has raised eyebrows and has led to rumors of a possible sale of the company. However, the company has not confirmed any specific plans and has stated that they are simply reviewing their options at this time.

The UK’s restaurant industry has been facing tough times in recent years, with rising costs and competition from delivery services. This has led to many restaurants struggling to stay afloat and some even having to close their doors. In this challenging climate, it is not surprising that Fulham Shore is considering their options to ensure the future success of their business.

Franco Manca and The Real Greek have become household names in the UK, known for their delicious and authentic Italian and Greek cuisine. The group has seen significant growth since its inception in 2006, with over 50 restaurants across the UK. Their success can be attributed to their commitment to using high-quality ingredients and providing a unique dining experience for their customers.

The news of a potential sale or restructuring has caused some concern among loyal customers of Franco Manca and The Real Greek. However, it is important to note that this move is not necessarily a negative one. In fact, it could be a strategic decision to ensure the long-term success and growth of the restaurants.

The appointment of Alvarez & Marsal, a leading global professional services firm, is a positive sign that Fulham Shore is taking this review seriously and is committed to making the best decision for their business. The firm has a strong track record of assisting companies in challenging situations and helping them achieve their goals.

The potential sale or restructuring of Fulham Shore could also bring new opportunities for the company. It could lead to further expansion and growth, allowing more people to experience the delicious food and unique atmosphere of Franco Manca and The Real Greek. It could also bring in new investors who are passionate about the brand and can help take it to new heights.

For now, it is important to remember that this is just the beginning of the review process and no decisions have been made yet. The company has assured that they will keep their customers and stakeholders informed of any developments. In the meantime, customers can continue to enjoy their favorite dishes at Franco Manca and The Real Greek, knowing that the company is taking steps to ensure their future success.

In conclusion, the news of Fulham Shore’s review of their strategic options has caused a stir in the UK’s restaurant industry. While some may see it as a cause for concern, it is important to view it as a positive step towards securing the future of Franco Manca and The Real Greek. With the help of Alvarez & Marsal, the company is determined to make the best decision for their business and continue to provide their customers with delicious and authentic cuisine. Let’s wait and see what the future holds for these beloved restaurants.