Misryoum reports Franco Manca will close 16 sites after creditors backed a restructuring plan, citing tax and business rates pressures.
Franco Manca, one of the UK’s best-known pizza brands, is preparing to close 16 restaurants as part of a major financial restructuring plan backed by creditors.
Misryoum understands the decision follows approval of a company voluntary arrangement, with the closures expected to affect roughly 225 jobs. The parent company, The Fulham Shore, said the shutdowns are part of steps taken under a CVA process after voting creditors supported the plan.
For diners, this is a sharp reminder that beloved brands are not immune to wider pressures in the hospitality sector, where margins can shrink fast and fixed costs can become harder to carry.
In its explanation, Franco Manca pointed to “disproportionately high” UK taxes and the absence of business rates relief for restaurants. The company said the impacted venues are no longer sustainable under current cost conditions, framing the move as a necessity to stabilize the business.
The announcement arrives shortly after another disruption for The Fulham Shore’s wider portfolio: its sister brand, The Real Greek, was put into administration. While that restaurant chain was later acquired by Cote owner Karali Group, closures still followed earlier restructuring outcomes.
This matters because restaurant closures rarely reflect only local issues. When costs, policy, and consumer spending pressures collide, the fallout can reach across multiple brands and locations at once.
Franco Manca currently operates 70 sites. and Misryoum reports the company plans to move forward with strengthening its customer offer and performance once the restructuring is completed.. Leadership also indicated the creditor approval provides the basis to “put the business back on a firm footing” and focus on operational change.
The specific locations set to close include Battersea, Bishops Stortford, Brixton, Broadway Market, Bromley, Cheltenham, Chiswick, Didsbury, Glasgow, Hove, Kilburn, Lincoln, New Oxford Street, Plymouth, Stoke Newington, and Tottenham Court Road.
In the end, the story is less about one menu item and more about the economics of eating out. As Misryoum readers watch brands adjust to financial strain, the real question becomes what changes will mean stability for workers and reliability for customers going forward.