The Caterer

The Wolseley enjoys first year of profit

25 August 2005
The Wolseley enjoys first year of profit

London restaurant the Wolseley, which was launched by ex-Ivy owners Jeremy King and Chris Corbin, has moved into the black for the first time since it opened in late 2003.

The Piccadilly operation more than doubled its turnover in the year ended 31 March 2005 to £7.7m, from £3.15m in 2003, helping it record a £208,000 profit, compared with a loss of nearly £1m in 2004.

Although business is booming, the restaurant is currently going through a period of transition, with former Prism and Garden Caf chef Cyrus Cato replacing Ed Wilson as head chef.

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!