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Karali Group buys 19 The Real Greek outlets, saving 358 jobs

Karali Group buys 19 The Real Greek outlets, preserving 358 jobs and letting Fulham Shore focus on Franco Manca growth.

Elena Voss/3 min/GB

Business & Markets Editor

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The front of a restaurant with a black and white sign saying The Real Greek and two rolled up blue and white striped awnings above the windows

The front of a restaurant with a black and white sign saying The Real Greek and two rolled up blue and white striped awnings above the windows

Source: BbcOriginal source

TL;DR: Karali Group will acquire 19 of The Real Greek’s 28 restaurants, keeping 358 of 509 jobs and enabling Fulham Shore to shift focus to its Franco Manca pizza chain.

Context: The Real Greek, a Mediterranean taverna chain founded in London in 1999, announced plans to appoint administrators after worsening trading conditions. Its parent company, Fulham Shore, is owned by Japanese group Toridoll, which also runs the Franco Manca pizza brand. Rising energy, labour costs and business rates have pressured UK hospitality operators, prompting Toridoll to consider administration for The Real Greek while seeking a buyer for its sites.

Key Facts: Karali Group, which purchased the 70‑strong Cote Brasserie chain late last year, offered to buy most of The Real Greek’s outlets. The deal would preserve 358 of the 509 jobs at risk. Fulham Shore chief executive Marcel Khan said the pre‑pack administration — a process where a buyer is arranged before administrators are appointed — would stabilize The Real Greek and let Fulham Shore concentrate on growing Franco Manca.

What It Means: The rescue secures a future for just over two‑thirds of The Real Greek’s locations, sparing sites in London, Scotland and England from immediate closure. Fulham Shore can now redirect resources toward expanding Franco Manca, which it views as having significant growth potential. The saved outlets will operate under Karali’s ownership, integrating with its existing Cote Brasserie portfolio.

Watch next: how the newly acquired sites perform under Karali Group and whether Fulham Shore’s renewed focus on Franco Manca yields measurable expansion in the coming quarters.

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