Kefi Ltd, the company led by Nabil Mankarious and David Page, is in talks to open two new sites under it’s the Real Greek brand, including its first outside London.
Page told M&C Report that like-for-like sales at the group were up between 10-15% on the previous year and that its Bankside site attracted 4,000 customers a week during the summer.
He said that the six-strong group, which reported turnover up from £7.2, to £7.76m in its last financial year, was in advanced talks on a site in Windsor and on one in Soho for openings this year, with a further two to three openings being lined up for 2015.
Page said: “Since we acquired the brand, we have spent three years updating the whole business, including changing every dish on the menu and closing one site in Brixton. We are very pleased with how this programme of change has gone and our new looking at further opportunities to expand the brand. The efficiencies we put in place are gaining traction.”
Pre-tax profit for the year to 30 June 2013 stood at £733k, up from £290k the previous year.
