Brasserie Bar Co, operator of Brasserie Blanc and White Brasserie Company, is on track to post turnover of c£45m in its current financial year to the end of June, MCA understands.
The company, which saw turnover increase 10.2% to £41.1m for the year ending 3 July 2016, with Restaurant EBITDA up 14% to £6.5m, said that its like-for-like sales were currently up 9% in the year to date.
Earlier this week, MCA revealed that the company, which is led by Mark Derry, had secured its first hotel-based site.
It is understood that the company, which is celebrating its 20th anniversary this year, has signed a deal to operate a Brasserie Blanc at the Marriott Highcliff Hotel on Bournemouth’s seafront.
The group, which will open its nineteenth Brasserie Blanc in Fulham Reach this spring, will replace the Highcliff Grill Restaurant and Bar at the hotel when it opens there this summer, complete with outside terrace.
Earlier this year, Derry said the company was looking at “greater opportunities” outside its existing offering and was exploring collaborations with hotels for Brasserie Blanc.
“We think it’s a great fit and there are properties available,” he said.
“You have to have a property strategy these days. It’s not good enough to turn up in Southampton and think everything’s going to be alright.
“The landlords, on the whole in places like shopping centres, are more avaricious and more difficult to deal with and there are more and more restaurants going into those things as retail moves off the high street and onto the internet, so you must have a property strategy that differentiates you from other people if you’re going to make progress.”
