Creditors of Gourmet Burger Kitchen have approved a plan to close 17 of the premium burger chain’s restaurants, putting around 250 jobs at risk.
Managing director Derrian Nadauld said: "We’d like to thank the landlord community, our trade suppliers and our restaurant teams for their support through a challenging process.
"With the positive vote on our proposal to restructure our property portfolio, we are now able to execute the final stage of our turnaround plan, which we are confident will position the business for long-term sustainable growth".
It follows in the footsteps of rival chain Byron that closed 16 restaurants around the UK following a CVA deal in January this year.
The two are not alone. A string of restaurant groups have also resorted to the measure to close outlets over the past 12 months, including Carluccio’s and 62 Prezzo and Chimichanga restaurants in March.
At the time, Prezzo’s like-for-like sales had fallen 8.1% for the year to December 2017, while revenue dropped 3.3% over the same period.
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