Bill’s Restaurants serves up 21% leap in turnover
BILL’S Restaurants served 5.8million eggs and 468,000 avocados to 7.5million customers last year as the chain continued its rapid expansion across Britain.
The casual dining high street brand, majorityowned by millionaire restaurateur Richard Caring, saw turnover jump 21 per cent to £111million in the year to July 31, 2016.
Accounts just filed show that pre-tax profits at the 75-strong chain were up from £6.6million to £7million.
Last year, the company opened nine new outlets at locations including High Wycombe, Greenwich, Sevenoaks, Birmingham and Leeds.
Chief executive Mark Fox, who left Starbucks to join Bill’s last year, said 2016 had been ‘a strong year’ for the company.
The original Bill’s was opened in Lewes, East Sussex, by greengrocer Bill Collison who moved into the cafe industry in 2000 after his business was closed due to flooding. He is no longer involved in running the company but retains a stake.
Caring launched Soho House, The Ivy, Le Caprice and Cote.