A chain of premium burger restaurants founded by a former business partner of James Bond actor Sir Roger Moore has appointed advisers to explore a sale.
Sky News has learned that Haché, which has five outlets across London, is working with Interpath Advisory on a fast-track auction process.
The search for potential buyers has begun in recent days, according to insiders.
Hatchie’s, founded by Jamie Barber, an entertainment lawyer who became a restaurateur in 1999 when he opened Hush in Mayfair with Sir Roger and his son Geoffrey, sells premium burgers – an area of the casual dining market that has become fiercely competitive globally. last decade.
A number of rivals, including Byron and Gourmet Burger Kitchen, have undergone financial restructurings, with the industry’s woes compounded by the Covid pandemic.
Haché is also collaborating with Deliveroo and is said to be exploring a range of sale or investment options.
The sale comes amid a new wave of corporate activity in the sector, with hospitality executives increasingly concerned about data showing a decline in consumer confidence.
Next week’s budget and new labor rights laws are also expected to increase pressure on the sector.
TGI Fridays’ UK subsidiary was recently sold through its pre-packaging business to Breal Capital and Calveton, which already own the luxury restaurant group D&D London.
A Haché spokesperson said: “Following the sale of two of our sites last year, we have received significant interest in our remaining sites and, as such, have recently appointed advisors to help us explore our strategic options in relation to them.”
Interpath declined to comment.
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