Burger King UK has secured a £60m financing deal to fund new restaurant openings and further growth opportunities.
According to people close to the fast food chain, Metro Bank and OakNorth are understood to be lending Burger King’s UK business £30m each, Sky News reported.
It adds to a further £30m of funding committed in the financial year by Burger King UK’s owner, private equity firm Bridgepoint, which acquired the master franchise for the business in 2017.
Burger King UK currently operates almost 600 restaurants, with this backing giving the food-to-go firm “the platform to execute our expansion plans with further conviction”, Burger King UK CEO Alasdair Murdoch told Sky News.
The business has also signed a near 20-year master franchise agreement with Burger King Europe GmbH to extend its master franchise rights for Burger King to the Republic of Ireland for the first time.
As a result, over 30 new sites are expected to open this year, with around two-third to be company-owned.
It comes after the business grew revenue by 10% in 2025 to £448.7m and delivered like-for-like sales growth of 6.8%, driven by the expansion of the brand’s home delivery operation and improved in-store trading.
Murdoch said the figures demonstrated “the resilience of our brand and the quality of our offer in a competitive market”.
He said the business had delivered “continued cost discipline and operational efficiency despite significant industry-wide labour cost headwinds”.
The company said statutory wage increases, including further increases in the national minimum and national living wage, and higher employer National Insurance contributions, “materially increased employment costs last year”.
Murdoch said: “Looking ahead, we will continue to monitor the potential impact of geopolitical uncertainty on inflationary pressures and consumer confidence.”
No comments yet