GBK reports strong like-for-like growth.
Capricorn Ventures backed chain Gourmet Burger Kitchen (GBK) is entering its fifth year of strong like-for-like growth. It is also close to completing the refurbishment and upgrade programme across its 65-strong existing estate. Chief executive Alasdair Murdoch told the M&C that the group had reported seventeen consecutive quarters of like-for-like growth and that trading had been strong for a really long time. He also said that the group plans to open eight to ten sites in the foreseeable future. Murdoch said: “In terms of refurbishment programme we have one or two left to do, but the good thing is that the ones we did originally are will producing strong growth two or three years after they were re-opened. The return on investment has been very strong and continues to be the case as we near competition of the upgrades.”
Click here to read more.