Pret A Manger Ltd
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Pret A Manger Ltd - overview
Established
1986
Location
London, England, UK
Primary Industry
Retail
About
Pret A Manger Ltd, based in the UK, specializes in providing a variety of freshly prepared food and beverage options designed for quality and convenience, catering to the needs of busy consumers. Founded in 1986 and headquartered in London, UK, Pret A Manger operates as a fast-casual restaurant chain offering freshly made food items. The company was acquired in May 2018 by JAB Holding Company and Rabo Investments, securing a majority stake for GBP 1. 5 billion.
Christian Namatsouma and Pano Christou currently serve as CEOs. Pret A Manger specializes in offering a diverse range of freshly prepared food and beverage options, with an emphasis on quality and convenience. Their core product lines include made-to-order sandwiches, salads, soups, hot breakfast items, and an assortment of hot and cold beverages, catering to customers seeking quick and nutritious meal solutions. The recently introduced Super Plates offer larger, health-conscious salad options to meet growing consumer demand.
The company serves a broad customer base including busy professionals, families, and children, with specific menus designed for younger customers. In 2023, Pret A Manger reported a revenue of GBP 907,571,165. 9 with an EBITDA of GBP 15,049,100. 5.
The company generates revenue through direct-to-consumer sales in stores and delivery services, along with a subscription-based model through their Club Pret program, enhancing customer loyalty and repeat transactions. Pret A Manger plans to utilize the GBP 1. 5 billion raised in its Secondary Buyout to support the launch of new products and expansion into new markets. The company aims to broaden its international presence, focusing on strategic locations in Asia and Europe by 2025.
Additionally, the introduction of innovative menu items is anticipated to align with evolving consumer preferences.
Current Investors
JAB Holding Company
Primary Industry
Retail
Sub Industries
Bakery Products, Coffee Shops, Restaurants & Nightlife, Food & Beverage Distribution
Website
www.pret.co.uk
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
Pret A Manger Ltd - timeline of key events
Pret A Manger Ltd - financials
| Fiscal Year Ended | Dec 31, 2009 | Dec 30, 2010 | Dec 29, 2011 | Dec 29, 2012 | Jan 03, 2013 | Jan 02, 2014 | Jan 01, 2015 | Dec 31, 2015 | Dec 29, 2016 | Dec 28, 2017 | Dec 28, 2018 | Jan 03, 2019 | Jan 02, 2020 | Dec 31, 2020 | Dec 30, 2021 | Dec 29, 2022 | Dec 28, 2023 | Dec 28, 2024 | Jan 02, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 244,452,000 | 281,579,000 | 316,926,000 | - | 360,015,000 | 404,140,000 | 470,393,000 | 520,546,000 | 575,032,000 | 636,931,000 | - | 710,036,000 | 708,359,000 | 299,380,000 | 372,262,000 | 552,806,188.547 | - | - | - |
| % Revenue Growth (YoY) | - | 15.2% | 12.6% | - | - | - | 16.4% | 10.7% | 10.5% | 10.8% | - | - | - | (57.7%) | 24.3% | 48.5% | - | - | - |
| EBITDA (USD) | 30,548,000 | 43,272,000 | 49,318,000 | - | 56,677,000 | 59,671,000 | 72,219,000 | 78,938,000 | 84,600,000 | 89,050,000 | - | 50,118,000 | 80,823,000 | (147,338,000) | (87,300,000) | 55,610,896.204 | - | - | - |
| Operating Income (USD) | 18,967,000 | 30,733,000 | 34,910,000 | - | 40,856,000 | 41,383,000 | 50,196,000 | 54,331,000 | 57,666,000 | 57,979,000 | - | 19,582,000 | (24,991,000) | (256,470,000) | (168,286,000) | 35,279,315.884 | - | - | - |
| Operating Margin | 7.8% | 10.9% | 11.0% | - | 11.3% | 10.2% | 10.7% | 10.4% | 10.0% | 9.1% | - | 2.8% | (3.5%) | (85.7%) | (45.2%) | 6.4% | - | - | - |
| % EBITDA Margin | 12.5% | 15.4% | 15.6% | - | 15.7% | 14.8% | 15.4% | 15.2% | 14.7% | 14.0% | - | 7.1% | 11.4% | (49.2%) | (23.5%) | 10.1% | - | - | - |
| NET Income (USD) | 18,263,000 | 30,558,000 | 33,258,000 | - | 32,485,000 | 37,606,000 | 44,456,000 | 48,248,000 | 78,850,000 | 57,044,000 | - | 45,565,000 | (24,506,000) | (222,728,000) | (133,499,000) | 47,262,739.776 | - | - | - |
| % Net Margin | 7.5% | 10.9% | 10.5% | - | 9.0% | 9.3% | 9.5% | 9.3% | 13.7% | 9.0% | - | 6.4% | (3.5%) | (74.4%) | (35.9%) | 8.5% | - | - | - |
Pret A Manger Ltd - 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 | EAT. Ltd. | - | ||||||||
| Secondary Buyout | Completed | Pret A Manger Ltd | - | ||||||||
| Recapitalisation | Completed | Pret A Manger Ltd | - | ||||||||
| Secondary Buyout | Completed | Pret A Manger Ltd | - | ||||||||
| Buyout | Completed | Pret A Manger Ltd | - |
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Pret A Manger Ltd - employee data
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