Restaurants
The Restaurant Group acquires Barburrito
The sites have historically generated strong returns on invested capital in excess of 30% and TRG is said to believe there is ‘significant scope’ to further develop and expand the brand, particularly in the south of England, where the chain’s presence is reportedly limited
The Restaurant Group has acquired Mexican style fast-casual restaurant chain, Barburrito, for £7m, an asking price that is said to represent a run-rate EBITDA multiple of 4.4x for the next 12 months.
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