Toridoll Seeks Administrators for The Real Greek Restaurants, Citing UK Cost Pressures

The Real Greek restaurant chain, comprising 28 outlets across the UK, faces a significant threat of closure. Its owner, the Japanese restaurant group Toridoll, which acquired The Fulham Shore in 2023, has announced intentions to appoint administrators for the chain.

Toridoll stated that The Real Greek has been particularly impacted by a “deterioration in the economic environment,” more so than its sister company, Franco Manca. The group cited “high levels of inflation in the UK, driven by rising energy and food prices together with increase in labour costs resulting from rises in the minimum wage,” as factors creating a more challenging operating environment for the hospitality industry than initially anticipated.

Founded in London in 1999, The Real Greek maintains nearly half of its “tavernas” within the capital, with the remainder distributed across Scotland and England. Despite these financial difficulties, reports suggest that Karali Group, which also owns the Cote Brasserie chain, is exploring the possibility of acquiring some of The Real Greek’s restaurant sites.