The aggressive expansion strategy follows the sale of Bella Italia’s parent company Tragus to Apollo Global Management, which significantly reduced the company’s debt burden and freed up £100m of funding for refurbishment and expansion of the Bella Italia brand.
In addition to opening 20 new restaurants a year in town centres and retail and leisure schemes throughout the UK, Bella Italia will introduce new interiors to its existing sites, as well as a new menu and breakfast offer.
London property firm Cushman & Wakefield has been appointed to help find the new sites.
Nick White, managing director at Bella Italia, said: “We’re delighted to be working with Cushman & Wakefield on this next phase of expansion for Bella Italia.
“It’s an exciting time for the brand as we open new sites and refurbish the core estate. Bella has a very broad appeal delivers a quality, value for money and authentic Italian experience and we’re looking forward to entering the next stage of growth.”