Brasserie Bar Co is considering disposing of its Brasserie Blanc site in Knutsford, after profits dipped below expected levels, MCA understands.

The plus-4,000 sq. ft site, located in the Royal George Building in Regent Street, is currently being marketed via Restaurant Property, although its closure is not a given, Richard Ferrier, chief commercial officer at Brasserie Bar Co, told MCA.

As is the case for other operators he said that if profits at individual sites fall below a certain threshold “we consider it good business to investigate what a realization value is in order to invest the proceeds in stronger sites with greater potential”.

Ferrier said that in the past twelve months, it had sold two Brasserie Blanc sites (Charlotte Street in London, which has recently closed and its Bristol site at Quakers Friars, which closed this summer), for what it considered generous premiums.

“We have simultaneously opened two new White Brasserie, sites partly funded by the disposal proceeds,” he said.

Its latest White Brasserie will open in Prestbury on 16 December. “It takes us to 20 pub sites – something we are very proud of,” he said, adding that both sales and profit for the group were up “materially” this year.