Dirty Bones shutters half its estate amid pre-pack deal

26-Jun-2023 - Last updated on 26-Jun-2023 at 10:37 GMT

New York-inspired restaurant group Dirty Bones has sold half of its six-strong estate in a pre-pack administration deal.

The group’s sites in London’s Soho and Carnaby, as well as its restaurant in Oxford, have been acquired by a new company called DB Opco, which is led by Jamie Sulkin, who co-founded Dirty Bones back in 2014.

DB Opco bought the Dirty Bones brand and the three sites for a total consideration of £612,100.

According to Companies House, Hard Yards Global an early investor in Dirty Bones, holds a 75% stake in the new business.

The administrators report from Moore Kingston Smith reveals that Dirty Bones fell into administration on 12 May 2023 and that the pre-pack sale was completed on the same day.

Prior to the start of the administration process, Dirty Bones closed its other three sites, which comprised restaurants in Shoreditch and Kensington and a Dirty Vegan-branded concession stand at The Balcony in Westfield London.

Dirty Bones serves a menu of New York-inspired food and drink with a focus on ‘comfort food and cocktails’.

Last summer the group partnered with Hero Brands to accelerate future growth across the UK through owner-operated sites, franchisees, and via delivery.