Burger King father-son team acquires London favourite Crosstown Doughnuts RETAIL A father-son team who once led the largest Burger King franchise in the UK have acquired Crosstown Doughnuts after the brand launched a search for new investment earlier this year.
Burger King UK’s revenue spikes after restaurants revamped and new sites opened Food Burger King has reported a rise in sales and revenue in 2023 after a boost from new restaurant openings. Revenue spiked by a huge 30 per cent, although like-for-like sales only rose by three percent. The rise in revenue was due to growth in the “existing estate and new restaurants”, as well as “good cost [...]
Burger King still operating in Russia despite vow to quit 18 months ago Russia Burger King is still operating in Russia despite a promise from its owner that it would cease operations in the country more than a year ago. Restaurants Brand International (RBI) – which owns 15 per cent of the fast food chains franchise business in Russia- told the BBC it had “no new updates to share [...]
Burger King inks whopper deal for ownership of 74 restaurants October 3, 2022 Burger King has snapped up a swathe of restaurants from its second largest franchise partner, in its largest ever franchise consolidation. The fast food chain’s UK arm said an indirect acquisition of all 74 restaurants under Karali Limited and Teresina Limited would boost its plans to expand its owned and sub-franchised portfolio. Burger King UK’s [...]
Domino’s appoints former Burger King executive as interim chief September 27, 2022 Domino’s has announced today that Elias Diaz Sese will take over as interim chief of the firm in October as it hunts for a permanent replacement for outgoing boss Dominic Paul.
Workers supplying KFC, Burger King and Greene King latest join to picket line November 24, 2022 Hundreds of workers who deliver food to chains like Burger King and KFC are to walk out this winter, as well as employees who brew and distribute Greene King drinks. Workers for the food delivery firm behind KFC, Burger King, Pizza Hut and Wagamama are set to strike over a pay dispute, GMB union bosses [...]
Burger King takes over 12 restaurants from franchisees December 27, 2021 Burger King UK announced this morning it has struck an agreement to snap up 12 new restaurants from franchise partners. The master franchisee for Burger King in the UK has confirmed it will take over all the fast food chain’s restaurants operated by franchise companies Kaykem Fast Foods Limited and Saxby. The deal will continue [...]
Burger King UK’s owners court investors ahead of £600m float February 14, 2022 Burger King UK’s private equity owners have begun a charm offensive with investors as they look to build support to float the firm’s UK division in the first half of this year.
Burger King owner’s shares tumble on back of revenue update October 25, 2021 A lower than expected appetite for Burger King and Tim Hortons caused parent company Restaurant Brands International (RBI) to miss quarterly revenue estimates. While the company’s total sales jumped by 10.8 per cent the latest quarter after declining 5.4 per cent over the same period in 2020, the group continued to feel the impacts of [...]
Burger King plots 200 new UK restaurants as fast food giant eyes whopper £600m London float April 25, 2022 Burger King is eyeing an additional 200 restaurants in the UK over the next four years, after “significant under-penetration” in the country’s market. The burger chain, which has been eyeing a London float since last year, said its adjusted EBITDA nearly tripled to £49.5m. In results for the year ended 31 December, the fast food [...]