Eat (restaurant)

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Eat
Type Private
Founded 1996
Founders Niall & Faith MacArthur
Headquarters London, UK
Revenue (2009) £68m[1]
Owners Niall & Faith MacArthur 45%
Penta Capital 45%
Management 10%
Parent Eat 2008 Limited
Website eat.co.uk
Footnotes / references
Registration No. 06522686
An Eat shop in Charing Cross Road

Eat (styled as EAT.) is a chain of sandwich shops with over 110 branches in the UK, the majority in London.

The first shop was opened in October 1996 in Villiers Street, London, next to Charing Cross railway station. Owned and run by couple Niall and Faith MacArthur, the company is similar to Pret a Manger insofar as all the produce is freshly made.[2] Eat claim to donate unsold food items to charities and hostels.[3]

The style of Eat outlets was designed by David Collins who also designed the look of Café Rouge.[4]

The business, previously owned by Penta Capital, was bought by Lyceum Capital (a private equity company) in March 2011.[3]

Annual sales were £68 million in 2008 and approximately £100 million in 2012. The 2012 profit was £2.7 million.[3]

In November 2012 the company opened a £1 million flagship outlet in The Strand, London.[3][5]

Footnotes[edit]

  1. ^ "Niall and Faith MacArthur". The Sunday Times. April 26, 2009. 
  2. ^ Bridge, Rachel (January 15, 2006). "From rugs to riches for healthy eating tycoon". The Sunday Times. 
  3. ^ a b c d Hiscott, Graham (21 November 2012). "EAT ready to take it away: sarnie chain expansion starts". Daily Mirror. p. 40. 
  4. ^ "Bread winners". The Independent. 29 February 2004. 
  5. ^ Bold, Ben (21 November 2012). "Eat opens Strand concept store". Marketing Magazine. Retrieved 2012-11-22. 

External links[edit]