Byron to slash restaurant count in half
Burger chain Byron is to close nearly half of its restaurants in a restructuring programme, after owners Calveton filed a notice of intention to appoint administrators earlier this month.
Sky News have reported that the struggling chain will permanently shut down around ten of its 21 restaurants as part of a pre-pack administration process.
Byron previously collapsed during the peak of the COVID-19 pandemic, which led to Calveton taking charge of the business.
It is unclear how many jobs will be lost as a result of the restructuring.
Sky have reported that a deal with administrators Interpath Advisory could be completed as soon as this week.
At its peak, Byron operated dozens of restaurants, but was a victim of its own success when it rapidly expanded before the pandemic caused widespread problems in the hospitality industry. Other restaurant chains which suffered included Prezzo and Carluccio’s.