The Real Greek restaurant chain has been partially rescued from administration after a deal with the Karali Group on May 1, 2026. This agreement saves 19 of its 28 outlets but comes at a cost: nine locations will close, resulting in over 150 job losses.
As part of this restructuring, the central kitchen operation will shut down, which adds to the significant changes within the company. Specifically, 358 out of 509 jobs will be saved, but the closures include sites in London, Bristol, and Scotland. The last accounts reflected an operating loss of £3.6 million, highlighting the financial strain faced by the chain.
This situation isn’t unique to The Real Greek. The entire hospitality sector in the UK grapples with rising costs and inflation—factors that have made casual dining increasingly challenging. In fact, Toridoll, the parent company of Fulham Shore (which owns The Real Greek), recently went into administration itself.
That context matters because it underscores a broader trend affecting many restaurants across the UK. With high inflation rates driven by energy and food prices and increased labor costs due to rising minimum wages, many establishments are finding it hard to stay afloat.
Marcel Khan from Fulham Shore commented on the situation, stating, “The transaction will ensure that the business is placed on a more sustainable footing for the future.” Meanwhile, Paul Berkovi noted that they worked closely with The Real Greek’s management team to secure a future for this beloved brand.
However, despite these efforts to stabilize operations, officials have not disclosed specific timelines for the closures or how they plan to support affected employees. As restructuring progresses, it remains crucial for stakeholders to monitor how these changes will impact both staff and diners alike.