Writing on Facebook yesterday (25 March) the team said they had “invested every penny” in to making the site viable, but it would be shutting its doors.
They said: “Unfortunately with excessive rents and rates and rising costs and fewer people spending than ever before, and with no money behind us to give Meatcure the regeneration we believe it needed to stay current we can no longer continue.”
They added that there was still demand for the restaurant to cater for events, and there was a possibility the brand could return in another form in future.
Meatcure launched in Market Harborough in 2014 and grew to five sites in Hinckley, Leicester, Leamington Spa and Bedford.
It launched a £350,000 crowdfunding drive in 2016 towards its expansion, but later pulled out of the Seedrs campaign.
The group closed four restaurants in 2017 and pledged to make “huge changes” to its remaining Market Harborough site, including exploring new menu options.
But the company entered voluntary liquidation in December 2017, with founder Rob Martyniak continuing to run its original location.