Burger & Lobster turnover up 40%

Nine-strong, London-based restaurant group Burger & Lobster has published its financial results for the year ending 2 January 2022, reporting a group turnover of £22.8m – up 40% on 2021 (£16.3m).

The Burger & Lobster brand saw a strong sales performance last year, marred only by the emergence of the Covid Omicron variant in December, which significantly hindered Christmas bookings. Despite this, however, group trading remains ahead of expectations, leaving the company in a good position to further expand. Management are actively looking for new sites, both in the UK and abroad. 

Despite cost of living headwinds, Burger & Lobster's week-on-week sales continue to increase. This comes just as the brand has temporarily closed its iconic Soho venue for refurbishment. A further programme of site investment is planned for early next year. 

Throughout 2022, the brand has also rolled out a consistent menu development programme through several successful chef collaborations. These have included partnerships with Max Halley, James Cochran and, launching later this month, Tom Brown of the Michelin-starred Cornerstone. New dishes are also being introduced in the coming months, putting a spotlight on premium ingredients and provenance.

Dino Sura, managing director of the group, comments: "Whilst we remain cautious to the short-term as we navigate through the cost of living and financial crises,  we are confident that our contiued commitment to brand development and innovation will resonate with our loyal customers and attract new diners."

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