Burger King plans 200 new restaurants in the UK over the next five years | Economic news

Burger King says it wants to open 200 more restaurants in the UK over the next five years.

The fast food chain said on Monday it already has “good visibility” regarding a “pipeline of future restaurant openings”, aiming for completion by 2026.

It made the announcement as it reported a 68% increase in revenue to £211.7m, with like-for-like sales up 46% in 2021.

It also announced an operating profit of £33.4million for the year, compared to a loss of £7.5million in 2020 – a year when many restaurants struggled with the effects of lockdowns. coronavirus and related trade restrictions.

Managing Director Alasdair Murdoch said: “Burger King UK delivered a strong performance in 2021, proactively managing the headwinds of COVID-19 through investments in digital sales, including home delivery, and continuing restaurant expansion with a focus on Drive Thru.

“Delivery and drive-thru sales have been strong throughout 2021 and will remain key areas as we execute our growth strategy.

“We have a strong development pipeline to further expand our footprint in the UK, and we are very well placed to take advantage of the market opportunities available to us.

“I would like to thank all of our employees for their continued dedication and hard work, without which our continued growth would not be possible.”

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Burger King said it benefited from the addition of 48 new owned restaurants last year, including the acquisition of 29 sites from franchisees, including its flagship Leicester Square branch in London.

The company also said it continued to expand its meatless lineup while reducing emissions by 7% and moving all sites to 100% renewable energy rates during the year.

The chain had 509 restaurants in the UK as of December, 172 of which were directly owned, with the rest being sub-franchises.

It employs approximately 4,400 people.

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