An agreement has been reached over a relaunch of the Lunch Garden restaurant chain under new owners, CIM Capital. 41 of the 62 Lunch Garden restaurants will remain open and 430 of the around 600 people that currently work at the restaurant chain will keep their jobs.
Agreement over Lunch Garden relaunch, 41 restaurants to remain open and 431 staff to keep their jobs
Published:
On Monday staff at Lunch Garden were told that the chain that has been in difficulty for some time had filed for bankruptcy in the hope that a relaunch would be possible with the aid of CIM Capital. A deal has now been struck.
CIM Capital is to takeover 41 of Lunch Garden’ 62 restaurants. This is 1 less than was announced on Monday. Among the restaunts that will be closing are those in Kortrijk (West Flanders), all 4 restaurants in Brussels, Hasselt (Limburg), Waterloo and the restaurant at the Inno department store on the Meir in Antwerp.
24 of the 41 restaurants will be operated in-house, the remained 17 franchised-out. Around 430 of the around 600 staff that currently work at Lunch Garden will keep their jobs.