It Looks Like Two Much-Loved Manchester Restaurants Are Closing Their Doors
Popular chain Byron Hamburgers has revealed that up to 20 restaurants could be set to close - including two in Manchester.
The deal is part of a rescue package as the chain, which runs more than 70 outlets nationwide, is in financial trouble, reports the BBC.
And the restaurants at:
- Manchester Corn Exchange
- Manchester Deansgate
are apparently among those at risk.
According to reports, the accountancy firm KPMG is also reviewing a plan for cutting rent at other outlets.
The plan is due to go to a vote on January 31 by the struggling chain's creditors.
KPMG says that no restaurants will close immediately under any restructure, and that "employees, suppliers and business rates would continue to be paid on time and in full", the BBC report says.
Thy add: "Under the proposal, Byron will ask the landlords of 20 restaurants, including sites in Manchester and East London, to agree to a 55% cut in rent for six months."
(Header image: Byron/Instagram)