Pret signs two new UK franchise partners

By James McAllister

- Last updated on GMT

Pret A Manger sign two new UK franchise partners

Related tags: Pret a manger, Casual dining, Multi-site, Franchise

Pret A Manger has signed up two new UK franchise partners as it pushes ahead with plan to double the size of its estate within five years.

Dallas Holdings and K&Z Group are to join Pret’s growing base of franchisees.

Overall, eight shops will be transferred to the new franchise partners in the spring of next year. The Guildford, Bournemouth, Basingstoke and Woking shops will be transferred to K&Z Holdings; and Pret’s four shops in Oxford will be transferred to Dallas Holdings.

Pret CEO Pano Christou describes the move as 'vital' to the brand's ambition to expand its reach across the country. 

“Demand for our freshly prepared food and organic coffee is growing, with some shops busier than they’ve ever been," he says.

"To meet that demand, we’re establishing new partnerships with franchisees to bring Pret to more people. Our agreements with Dallas Holdings and K&Z Group are a vital part of that ambition and will help kickstart our growth in different parts of the country.

"We’re really pleased that they’ll be joining us on this journey, helping to spread Pret joy to more customers.”

The news follows an agreement in August with Pret A Manger’s latest regional franchisee partner, The Chesterford Group (TCG), and is part of an ambitious plan to double the size of the business within the next five years​.

Under those plans the group aims to open 200 new UK sites in the next two years, targeting regional and suburban areas, transport hubs and motorway service stations, with around 100 sites expected to open under franchise.

As the company expands, Pret A Manger will roll out a recruitment programme, aiming to hire at least 3,000 team members and baristas by the end of 2023.

Earlier this week, Pret announced it is to expand in the Middle East​ with a new franchising agreement with One PM Franchising. It follows an agreement in October with A&W Food Services of Canada​ to introduce the Pret brand and products to A&W restaurants in Canada.

Related topics: Business & Legislation, Casual Dining

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