LEON Restaurants Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
LEON Restaurants Limited - overview
Established
2004
Location
London, -, UK
Primary Industry
Travel & Leisure
About
Founded in 2004 by former CEO John Vincent, Henry Dimbleby, and chef Allegra McEvedy, and based in London, UK, LEON Restaurants Limited operates as a fresh food restaurant chain. In 2021, EG Group, a portfolio company of TDR Capital, acquired LEON Restaurants Limited from Spice Private Equity and Active Partners. This transaction values Leon Restaurants at USD 100 million. The company operates across Netherlands, Ireland, Swiss, and the UK with over 70 restaurants.
Leon Restaurants offer a menu of breakfast items including organic porridge, sourdough muffins, poached eggs, baked fries with a choice of sauce, and tea and coffee including latte, cappuccino, filter coffee, and iced americano among others. The company also serves breakfast boxes and sourdough toasts. Additionally, the restaurant serves lunch items including hot boxes of chicken and black beans, burgers, wraps, fries, side items such as mac and cheese bites, gluten-free chicken nuggets, and cold drinks such as lemonade, smoothies, and shakes. Leon generates revenue by selling items individually and through a subscription model.
The company offers a EUR 15 per month coffee subscription, and EUR 6 per month vegan subscription. Leon Restaurants also generates a significant portion of its revenue from its branded cookbooks, own-brand groceries, and provision of home-delivered ready meals. Post the acquisition by EG Group, Leon Restaurants plans on increasing the menu’s offering. EG Group also plans to open over 20 Leon sites every year from 2022.
Current Investors
TDR Capital, EG Group Limited
Primary Industry
Travel & Leisure
Sub Industries
Courier & Delivery Services, Snack Foods, Coffee Shops, Restaurants & Nightlife
Website
www.leon.co
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
LEON Restaurants Limited - timeline of key events
LEON Restaurants Limited - financials
| Fiscal Year Ended | Dec 25, 2011 | Dec 30, 2012 | Dec 29, 2013 | Dec 28, 2014 | Dec 27, 2015 | Dec 25, 2016 | Dec 31, 2017 | Dec 30, 2018 | Dec 29, 2019 | Dec 27, 2020 | Dec 26, 2021 | Dec 25, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 12,050,427 | 12,772,411 | 12,466,475 | 18,872,790 | 26,614,059 | 42,129,860 | 56,285,800 | 65,179,192 | 76,272,083 | 37,990,826 | - | - | - |
| % Revenue Growth (YoY) | - | 6.0% | (2.4%) | 51.4% | 41.0% | 58.3% | 33.6% | 15.8% | 17.0% | (50.2%) | - | - | - |
| EBITDA (USD) | 361,694 | 920,554 | 8,105 | 1,745,314 | 1,993,928 | 2,529,897 | 1,963,872 | 2,304,392 | 2,431,834 | (11,830,513) | - | - | - |
| Operating Income (USD) | (647,925) | (38,977) | (708,130) | 908,684 | 830,365 | 609,449 | (761,559) | (701,057) | (1,080,322) | (15,715,087) | - | - | - |
| Operating Margin | (5.4%) | (0.3%) | (5.7%) | 4.8% | 3.1% | 1.4% | (1.4%) | (1.1%) | (1.4%) | (41.4%) | - | - | - |
| % EBITDA Margin | 3.0% | 7.2% | 0.1% | 9.2% | 7.5% | 6.0% | 3.5% | 3.5% | 3.2% | (31.1%) | - | - | - |
| NET Income (USD) | (704,589) | (173,373) | (829,969) | 763,750 | 777,390 | 44,967 | (1,829,270) | (1,837,782) | (2,366,008) | (15,526,265) | - | - | - |
| % Net Margin | (5.8%) | (1.4%) | (6.7%) | 4.0% | 2.9% | 0.1% | (3.2%) | (2.8%) | (3.1%) | (40.9%) | - | - | - |
LEON Restaurants Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | LEON Restaurants Limited | - | ||||||||
| Buyout | Completed | LEON Restaurants Limited | - | ||||||||
| Buyout | Completed | LEON Restaurants Limited | - |
Displaying 1 - 3 of 3
LEON Restaurants Limited - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.