Is GBK going bust?

Famous Brands will no longer finance GBK In 2018, Famous Brands wrote off £37m and announced a £16m impairment. Despite going through a CVA process and closing 20 loss making sites, the brand was showing signs of recovery, with losses narrowing in recent trading updates.

Is the Burger Kitchen Los Angeles closed?

BURGER KITCHEN – CLOSED – 90 Photos & 283 Reviews – Burgers – 8048 W 3rd St, Los Angeles, CA – Restaurant Reviews – Yelp.

Is Gourmet Burger Kitchen a franchise?

GBK expanded to 60 restaurants across the UK, and has plans to continue growing. Franchises operate in Ireland, Dubai, Greece and Oman. In September 2016, the South African firm Famous Brands bought the company for US$143.3 million.

What does GBK stand for Burger?

Acronym. Definition. GBK. Gourmet Burger Kitchen (UK)

Whats happened to GBK?

The company bought GBK — which currently operates around 60 restaurants in the U.K. — for £120 million in 2016, and closed 17 in 2018 after struggling, like many of its competitors, to weather the “casual dining crunch.” By August 2019, it had closed a total of That followed a dramatic decline in burger sales and …

Why did GBK close?

But, the company, which had been owned by South African group Famous Brands, said it slid into administration after the Covid-19 pandemic hit its liquidity and potential to be sold as a solvent business. The location of the 26 GBK restaurant closures is not yet known.

Who owns GBK burger?

owner Ranjit Boparan
The new owner is Boparan Restaurant Group, controlled by 2 Sisters Food Group owner Ranjit Boparan. He has added GBK to its stable of stumbling dining brands, which also include Carluccio’s, Ed’s Easy Diner and Giraffe.

How many gourmet burger kitchens are there?

Welcome to GBK South William Street Since 2001, Gourmet Burger Kitchen has been serving up unique flavour combinations between 2 buns (or without the bun, if you like). You can find us in over 60 locations across the UK and Ireland, and even farther afield in Athens and Dubai too.

Who is GBK owned by?

tycoon Ranjit Singh Boparan
Gourmet Burger Kitchen has been bought out of administration by the food industry tycoon Ranjit Singh Boparan in a deal that will save more than 660 jobs. Boparan, who bought Carluccio’s in May, has bought 35 of the burger restaurant’s sites.

Why is GBK in Basingstoke closed?

Last year it was reported that the future of GBK was in doubt after the chain’s owner said it was pulling the plug on financial support. The brand said GBK had seen a deterioration in sales during March 2020, ahead of closures because of the pandemic.