Poultry tycoon Ranjit Boparan will take over the brand in a deal which will see about two-fifths of its restaurants close.
Gourmet Burger Kitchen is to close 26 restaurants and axe 362 jobs as part of a pre-pack deal that will save the bulk of the chain’s workforce.
The deal, confirming a story first reported by Sky News, will see poultry tycoon Ranjit Boparan take control of the chain.
Deloitte, which is handling the administration process, said the sale would secure 35 sites and 669 jobs.
Mr Boparan, who earlier this year rescued the Carluccio’s chain, already controls the Giraffe, Ed’s Easy Diner and Fishworks brands as well as 2 Sisters Food Group, one of Britain’s biggest private sector employers.
Gourmet Burger Kitchen (GBK) previously went through a major restructuring in 2018 which saw dozens of restaurants close.
Main image: GBK burger. Photo by André Luis on Flickr