Jonathan Kaye, the chief executive of the Italian casual-dining chain Prezzo, has admitted the group could triple in size as he reiterated plans to open 10 restaurants in the year ahead. The company opened no new Prezzo restaurants in 2009 and embarked on a tail trimming exercise with the property agents Fleurets. Pre-tax profits for the year increased by 12% to £12.9m on the back of £90m revenue for the 146-site group Kaye told M&C Report’s sister publication Restaurant magazine: “To some extent we’ve built the business on trading in smaller locations with lower rental units and there are lots of them yet to realise. And there are some major city centres we’re not in yet: Birmingham, Liverpool and Manchester. “We are delighted that Prezzo has performed so strongly and we’re happy with how we’re trading right now. “When I see some of the competition that have businesses three times of ours, I don’t think there’s any reason to why we shouldn’t get to that size ourselves.” The group also plans to increase Chimichanga, its Mexican format, to 30 restaurants.