Burger King takes over 12 restaurants from franchisees
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 ambitious growth plans by Burger King UK and take its directly-owned portfolio to 172 restaurants.
The expansion will include locations across London, Ipswich, Kent and elsewhere in the South East.
The group now directly owns almost a third of the chain’s roughly 530 UK restaurants, with the vast still majority-owned by franchisees.
‘A year of growth’
Burger King UK, which is led by former Gourmet Burger Kitchen boss Alasdair Murdoch and chaired by Martin Robinson, said it is moving “into a year of growth” after weathering the impact of the pandemic.
The company said it is “committed to expanding organically through the opening of new sites and through acquisition by consolidating smaller franchises in the UK into its centrally managed portfolio”.
It has also pumped investment into its customer experience over the past year, introducing more digital ordering kiosks and digital menu screens.
Chief executive Mr Murdoch said: “I would like to thank Kaykem Fast Foods Limited and Saxby for their support along with the contribution they have made to Burger King in the UK over the past 25 years.
“The restaurants have been run in an exemplary way and we welcome our new colleagues in the restaurant teams as they become part of Burger King UK.”
The Burger King master franchise was bought from global owner Restaurant Brands International by private equity firm Bridgepoint in 2017.
Sky News reported earlier this year that Bridgepoint is exploring a potential £500 million sale of the business and has held early-stage talks with possible advisers.