Private equity investor Risk Capital Partners (“Risk Capital”) has completed its acquisition of a majority holding in Red Hot World Buffet to provide development capital for the restaurant group’s further expansion. Red Hot World Buffet was founded in 2004 by husband and wife, Parmjit and Helen Dhaliwal. It now has seven large restaurants across the UK, employing 600 people … [Read more...]
How to fill a restaurant quickly
If you run your own restaurant, chances are, you’ve tried all sorts of ways to fill empty tables with happy customers. If someone said you could take reservations for 90% of your 100 seat restaurant in two hours with a simple SMS message you probably wouldn’t believe them. Here Kunwar Sood from Vari tells us how it can be done and exactly why he believes SMS is an integral … [Read more...]
Nando’s loyalty scheme moves online to drive marketing forward
Marketing week reports that Nando’s is taking its loyalty scheme online in order to use new data-driven marketing opportunities to target customers. To do so, Nando’s has overhauled its loyalty scheme, replacing its paper-based scheme with the launch of a card diners can swipe in-store from 27 August and collect ‘chillies’ (instead of chickens) for every £7 spent. Three … [Read more...]
Gold Service Scholarship 2014 opens for front of house entries
This prestigious competition open to young people working in restaurant service is back for the second year. The Gold Service Scholarship, which crowned Gleneagles restaurant supervisor Rebecca Dibben (above with Michel Roux Junior and Silvano Giraldin) the first national winner in February 2013, is accepting entries from 1 September 2013 to find the next rising star in front … [Read more...]
Luke Johnson’s Risk Capital takes stake in Red Hot World Buffet
The Sunday Times reports that Risk Capital, the private equity firm run by serial entrepreneur Luke Johnson, has acquired a majority stake in Red Hot World Buffet, the restaurant company launched and operated by Paramjit and Helen Dhaliwal. Rumours of such a deal have flourished in recent months, though it is believed that the Dhaliwals have thoroughly explored alternative … [Read more...]