The Real Greek restaurant chain on brink of collapse
All but nine of the Mediterranean chain's 28 outlets are being taken over by the family-owned Karali group.
www.bbc.comHere’s the latest on The Real Greek Food Company Limited based on the most recent reporting:
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The Real Greek faced administration concerns in May 2026. Reports indicate its parent owner Fulham Shore, controlled by Toridoll, filed a notice of intent to appoint administrators amid rising costs and inflation. This could lead to a CVA process and potential restructuring or sale of sites. [Sources citing May 2026 coverage indicate administration steps and cost pressures][1][3]
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In a subsequent development, Karali Group (owner of Cote) agreed to acquire about 19 of the chain’s 28 restaurants, preserving the majority of staff but resulting in substantial job losses at locations that are not saved. The deal was framed as a rescue to stabilise the business rather than a full revival of all sites. [Sources describe the pre-pack style rescue and the 19 saved sites][4]
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Overall, the chain is transitioning under new ownership for a significant portion of its estate, with central operations and some sites likely to close. The press coverage notes up to nine locations potentially closed and a focus on sustaining the brand through Karali’s acquisition. [Sources discuss site closures and the transition under Karali][2][4]
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For context, Fulham Shore had already been reviewing options for The Real Greek alongside its CVA process for Franco Manca, indicating broader restructuring across the group. This backdrop helps explain the urgency behind the administration steps and subsequent sale activity. [Sources reference group-wide restructuring and CVA activity][3][1]
If you’d like, I can compile a brief timeline of events or pull the exact site-by-site status as reported by each outlet. I can also search for any official statements from Fulham Shore or Karali Group for the latest confirmations.