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Ranjit Singh Boparan buys Gourmet Burger Kitchen in rescue deal

Gourmet Burger Kitchen has been bought out of administration by the food industry tycoon Ranjit Singh Boparan in a deal that will save more than 660 jobs.



a sign hanging off the side of a building: Photograph: Maureen McLean/REX/Shutterstock


© Provided by The Guardian
Photograph: Maureen McLean/REX/Shutterstock

Boparan, who bought Carluccio’s in May, has bought 35 of the burger restaurant’s sites. However, under the pre-pack administration deal, 26 other sites will close, with the loss of 362 jobs.

The burger chain, which was owned by the South African company Famous Brands, which also owns Wimpy in the UK, was put on the market as it struggled amid the pandemic and high street lockdown.

But Gourmet Burger Kitchen has been in difficulties since a restructuring deal with landlords in 2018 under which it agreed to close up to 17 sites after the casual dining market became oversaturated.

Gavin Maher, a partner at Deloitte who was appointed joint administrator on Wednesday, said: “The broader

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Ranjit Singh Boparan buys Gourmet Burger Kitchen in rescue deal | Business

Gourmet Burger Kitchen has been bought out of administration by the food industry tycoon Ranjit Singh Boparan in a deal that will save more than 660 jobs.

Boparan, who bought Carluccio’s in May, has bought 35 of the burger restaurant’s sites. However, under the pre-pack administration deal, 26 other sites will close, with the loss of 362 jobs.

The burger chain, which was owned by the South African company Famous Brands, which also owns Wimpy in the UK, was put on the market as it struggled amid the pandemic and high street lockdown.

But Gourmet Burger Kitchen has been in difficulties since a restructuring deal with landlords in 2018 under which it agreed to close up to 17 sites after the casual dining market became oversaturated.

Gavin Maher, a partner at Deloitte who was appointed joint administrator on Wednesday, said: “The broader challenges facing ‘bricks and mortar’ operators, combined with

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Oakland land trust buys house where homeless moms evicted

SAN FRANCISCO (AP) — Homeless moms who were evicted earlier this year from a vacant San Francisco Bay Area house they occupied say a community land trust has purchased the property and will turn it into transitional housing for other mothers experiencing homelessness.

Members of the activist group, Moms 4 Housing, announced Friday that the three-bedroom home in West Oakland was purchased by the Oakland Community Land Trust from a real estate investment company. The property requires extensive renovation for habitation, the group said.

The land trust purchased the property for $587,500 and closed in May, but the pandemic and planning for repairs delayed a public celebration . The land trust is a nonprofit organization that holds property for the benefit of low-income residents.

Steve King, executive director of the trust, says the house requires extensive repairs, including a new roof and windows. He said his group will work with

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Televisa Studios’ Patricio Wills buys house in Miami for $7M

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Televisa Studios President Patricio Wills and his wife Adriana Santos bought a waterfront house for $7 million in Miami’s MiMo District.

Proof that the Upper East Side is hot: Televisa Studios President Patricio Wills and his wife Adriana Santos have bought a bayfront house for $7 million in Miami’s MiMo District.

The former executive producer of Telemundo’s “La Reina del Sur” and Santos completed the purchase of the two-story house at 7311 Belle Meade on Belle Meade Island last week, according to a press release. The 6,208-square-foot house has seven bedrooms, six bathrooms, two half bathrooms, a pool and a dock.

Douglas Elliman Realtors Ivonn and Richard Goihman represented Wills. Compass Realtor Mathieu Rochette represented the seller, Pascal Nicolai, founder and CEO of Sabal Development. Nicolai listed the house for $7.495 million in October 2019.

Nicolai acquired the the property for $1.74 million in 2013 and completed construction in

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Bethenny Frankel Buys a Lot of Home Decor, but These Affordable Stores Are Her Faves

Bethenny Frankel has never listened to a podcast before, so, naturally, she decided to launch one of her own. “Everyone said I should listen to other ones, but I don’t want to have a preconceived notion of what successful people are doing and end up with something similar,” she says of her new venture, Just B With Bethenny Frankel. “I don’t like anything derivative.” 

Out now, Just B features interviews with notable figures like Mark Cuban, Bozoma Saint John, Maria Shriver, and Paris Hilton, mixed with the biting humor fans loved from Frankel’s eight-year tenure on The Real Housewives of New York. “This podcast is all me,” she says. “There’s no filler, no foreplay—we get right to the act.”

Her M.O. is untraditional for some of her splashy guests, who are used to knowing what they’re getting into ahead of time. “No one gets the questions in advance,”

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Bethenny Frankel Buys a Lot of Home Decor, But These Affordable Stores Are Her Fave

Bethenny Frankel has never listened to a podcast before. So naturally, she decided to launch one of her own. “Everyone said I should listen to other ones, but I don’t want to have a preconceived notion of what successful people are doing and end up with something similar. I don’t like anything derivative,” she says of her new venture, Just B with Bethenny Frankel.

Out now, Just B features interviews with notable figures like Mark Cuban, Bozoma Saint John, Maria Shriver, and Paris Hilton mixed with the biting humor fans loved from Frankel’s eight-year tenure on The Real Housewives of New York. “This podcast is all me,” she says. “There’s no filler, no foreplay—we get right to the act.”

Her M.O. is untraditional for some of her splashy guests, who are used to knowing what they’re getting into ahead of time. “No one gets the questions in advance,”

Read More