Search
The Caterer

Cau targets 16 sites by end of 2015

27 August 2014 by
Cau targets 16 sites by end of 2015

Argentine restaurant brand Cau is set to reach up to 16 sites by the end of 2015.

The company, which is owned by the same shareholders that own Gaucho and was launched by Gaucho founders Zeev and Patsy Godik, currently has six UK sites and a seventh in Holland.

It is on site on two more in Wimbledon and Henley on Thames, both of which are due to open this year.

Next year could see up to nine new openings, according to director Graham Hall.

Among those will be a new Liverpool site on the ground floor of a development that will also house a Tune hotel on Castle Street. This will be the first of Cau's sites in the North West, although others are expected to follow next year.

The brand is also looking at properties in Bath as it strengthens its presence in the West, having already opened a site in Bristol. It also has planning permission to open a site in Reading.

Hall said he was upbeat about the prospects for the business, which is predicted to generate turnover of £12m this calendar year. "We feel the marketplace is there and we can keep growing. There is no reason why this can't be a 30-40 site business," he said.

Godik, who was named Restaurateur of the Year - Group at the 2012 Cateys, opened his first Gaucho Grill in London in 1994.

The company's ownership structure has changed several times, including a spell being listed on the stock market before Godik took it private again in 2002. But the company underwent a 2010 management buy-out backed by Intermediate Capital Group, and has expanded to 16 restaurants in London, Manchester and Leeds, as well as one each in Dubai and Buenos Aires.

Sister brand Cau, which is operated as a separate business, was founded in 2011.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.