I think Pizza Express will survive

The issue is that the private equity model is to load up the groups they acquire with the debt they used to fund the acquisition.

The business model isn’t necessarily a problem, it just can’t support the level of debt it’s been saddled with.

You’re right that it’s a tough market though

Posted By: SimonOTBC on October 8th 2019 at 14:27:21

Message Thread

So many chain restaurants going down the deep pan these days it would seem... (General Chat) - DrDublin, Oct 8, 13:11:45
- Stuffed (General Chat) - Worthing Yellow, Oct 8, 16:08:07
- It's a lot to do with Brexit uncertainty, never mind ,we'll take back control. (General Chat) - MORDENCANARY, Oct 8, 15:15:48
  - It was a pizza joke wasn’t it? (n/m) (General Chat) - yellowman, Oct 8, 17:25:00
    - I thought I'd done a funny. :) (n/m) (General Chat) - DrDublin, Oct 8, 17:26:44
      - I know mate!...cue several end of the world scenarios later😳 (n/m) (General Chat) - yellowman, Oct 8, 17:28:54
        
        :O) (n/m) (General Chat) - DrDublin, Oct 8, 17:37:25
  - Yes all because of Brexit (General Chat) - JoeyDeacon, Oct 8, 15:38:42
  - Take back control of what?? (n/m) (General Chat) - ghost of hucks, Oct 8, 15:33:30
    - the UK Parliament being supre... oh, wait, hang on... (n/m) (General Chat) - CWC, Oct 8, 16:51:50
    - the colour of the passports (n/m) (General Chat) - Ralf Scrampton, Oct 8, 16:21:23
    - You tell me, that's what the Leave Campaign's mantra was. (n/m) (General Chat) - MORDENCANARY, Oct 8, 15:56:41
  - Cost of food has certainly gone up (General Chat) - duke of york, Oct 8, 15:20:05
    - they've gone down iro 10% since 2014 (General Chat) - Tombs, Oct 8, 15:33:00
      - Up and down up and down tombs. (General Chat) - Men without hats, Oct 8, 15:51:52
        
        weather is a big influencer and cost of fuel/transport etc (General Chat) - Tombs, Oct 8, 16:00:28
      - Maybe it was specific to whatever they imported, dunno (n/m) (General Chat) - duke of york, Oct 8, 15:49:30
- Ha! (n/m) (General Chat) - yellowman, Oct 8, 14:39:56
- I think Pizza Express will survive (General Chat) - SimonOTBC, Oct 8, 14:27:21
- All the chain frozen ready meals ones. Decent local food restaurants thriving (n/m) (General Chat) - Tony Martin, Oct 8, 13:42:13
- Trouble is dubs there is so many of them. (General Chat) - Men without hats, Oct 8, 13:35:29
  - No, and they are all doing OK. (General Chat) - Men without hats, Oct 8, 14:19:02
  - Are any of them chain restaurants? (General Chat) - Tricky Hawes, Oct 8, 13:43:05
    - No company ever emerges from a private equity deal without a debt mountain (General Chat) - Old Git, Oct 8, 13:45:28
      - No need to shout! (n/m) (General Chat) - Men without hats, Oct 8, 14:16:38
- s'ok, it's all sunlit uplands ahead. (n/m) (General Chat) - CWC, Oct 8, 13:31:49
  - It certainly is, and I can't wait for sunlit uplands. (n/m) (General Chat) - Men without hats, Oct 8, 15:53:06
- I quite like Pizza Express (General Chat) - JoeyDeacon, Oct 8, 13:20:15
  - Should have read this first! (General Chat) - Old Git, Oct 8, 13:46:10
  - Easy to become a millionaire in the restaurant trade, give me two million, within 6 months (General Chat) - DrDublin, Oct 8, 13:22:51

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