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EAT.

Our priorities are to increase sales, consistently improve existing stores for our customers and gradually deliver new sites.

Andrew Walker, CEO, EAT.

Read the full investment story

Business

Founded in 1996, EAT. is a leading business in the £3 billion specialist food and coffee “to go” market.

With over 110 stores across the UK, EAT. makes and serves a daily-changing, award-winning menu of soups, hot pots, salads, paninis, sandwiches, desserts, baked goods and coffee, all freshly prepared each day.

Market

The sub-£10 meal category of the food and drink sector has been resilient throughout the downturn. As consumer confidence returns, the popularity of branded, healthy eating out and food-to-go is expected to continue.

Strategy

Since investing in 2011, we have been supporting EAT.’s management team as they:

  • Accelerate a UK-wide store roll-out programme
  • Invest in product ranges, shops, people, technology, marketing and customer loyalty
  • Focus on delivering high quality products, exceptional service and great value

“The strong management team can capitalise on improving consumer confidence by continuing to evolve the business proposition and deliver its ambitious store roll-out plans.” Philip Buscombe, Chairman of Lyceum Capital

Developments

With our support EAT. has:

  • Appointed former UK Managing Director of Pret Andrew Walker as CEO
  • Initiated a store-wide re-branding and refurbishment process