The media headlines might be all doom and gloom, but there is still money to be made in casual dining. Elly Earls finds out which investors and lenders are still open to financing hospitality businesses and what they're looking for when it comes to a successful proposition
In the past 18 months, restaurant businesses have been forced into restructuring and closing in their droves. Carluccio's closed 30 restaurants last year after the group entered a company voluntary agreement (CVA), Prezzo announced the closure of 94 sites last March, burger chain Byron has quietly closed 16 restaurants and, in May, Jamie Oliver's restaurant group went into administration, costing 1,000 jobs.
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