Leon Restaurants Explained

Leon Restaurants Limited
Type:Subsidiary
Foundation:2004[1]
Founders:John Vincent
Henry Dimbleby
Allegra McEvedy[2]
Location:London
Locations:61 (April 2021)
Area Served:United Kingdom, Ireland, Netherlands, Norway, United States, India
Key People:John Vincent, Chief Executive Officer
Industry:Fast food
Owner:Asda

Leon (branded as LEON.) is a fast food chain based in the United Kingdom, established in 2004. The company had around 70 outlets when it was bought by EG Group in 2021.

History

Leon was founded by John Vincent and Henry Dimbleby with chef Allegra McEvedy.[3] [4] [5] The business was named after Vincent's father,[6] [3] [7] and opened its first outlet in Carnaby Street in 2004.[8] [9] Six months after opening, Leon was named the "Best New Restaurant in Great Britain" at The Observer Food Monthly Awards.[7]

In 2008, Leon became a founding member of the Sustainable Restaurant Association.[10]

In March 2009, McEvedy gave up her role at Leon to focus on writing and television work, but remains a shareholder. In 2014, John Vincent took over from Henry Dimbleby as CEO, and Dimbleby then left the board in 2017. He also remains a shareholder.

By 2015 Leon had 57 restaurants.[11] In January 2015, HMSHost operated six Leon locations in airports and railway stations in southern England, and Leon announced an expansion of its relationship with HMSHost in 2018, including a franchise agreement in airports and railway stations across Europe and the Middle East.[12] [13] [14] The company hoped to reach an international clientele through these outlets, and help create demand ahead of further overseas openings.[15] [16]

In June 2016 the first Leon outside England opened in Amsterdam.[17] Other overseas openings followed, including restaurants at Utrecht, Oslo, Gran Canaria, Dublin and Leon's first restaurant in the United States, in Washington, D.C.[18] The latter's style was described as "fast-casual Mediterranean" in the local press.[19]

The chain was named in the 2017 The Sunday Times Fast Track 100 list.[20] Leon was backed by Active Private Equity and, in May 2017, Spice Private Equity became a major investor to support further global expansion plans.

By 2018, the company had 61 sites.[21] In the first quarter of 2019, 53% of the chain's food sales were plant-based or vegetarian.

In March 2020, Leon set up the "Feed NHS" initiative to deliver 5,600 free meals a day to National Health Service critical care staff at London hospitals during the COVID-19 pandemic.[22] Other restaurant chains became involved, including Franco Manca, Tortilla, Tossed, and Wasabi.[23] A JustGiving page was created to raise funds.[24]

Leon USA Inc. filed for liquidation in February 2021, citing low customer numbers because of the Covid-19 pandemic. It had three outlets in Washington and a fourth nearby in Fairfax, Virginia.

Purchase by EG Group

In April 2021, the company was sold for a reported £100million to the Issa brothers' EG Group, which also operates fast food franchises and had recently agreed to buy a majority stake in the Asda supermarket business.[25] At that time, Leon had 71 outlets, of which 42 were operated by the company; the other 29 were franchises at transport hubs, in the UK and five other European countries.[26] In an October 2023 restructuring, EG Group sold most of its UK operations – including Leon – to Asda.[27]

Other activities

Leon has published several cookbooks, and developed a cookware and tableware line with retailer John Lewis.[28] [29]

Notes and References

  1. Web site: Vision.
  2. Web site: Founders.
  3. Web site: John Vincent, co-founder, Leon Restaurants . Marketing . 25 September 2013 . 5 October 2013.
  4. Web site: If God owned McDonald's.... Bordell, Tom. Jaffer, Mehdi. The Gateway. 23 September 2012. London. https://web.archive.org/web/20111026014112/http://thegatewayonline.com/articles/food/leon. 26 October 2011. dead.
  5. Web site: Food chefs: Allegra McEvedy. BBC. 23 September 2012. London.
  6. News: Henry Dimbleby: nine restaurants and growing. . 16 August 2009. Evans, Simon. 23 September 2012 . London.
  7. News: Profile: Leon. Nielsen. Tina. July 2008. Director magazine. 8 January 2015. dead. https://web.archive.org/web/20081121212246/http://www.director.co.uk/magazine/2008/7%20July/leon_61_12.html. 21 November 2008. London.
  8. Web site: Restaurants. Leon. Vision. Leonrestaurants.co.uk. 21 January 2015. 1 March 2014. https://web.archive.org/web/20140301075551/http://www.leonrestaurants.co.uk/vision/. dead.
  9. News: Fast food needn't be junk food. https://web.archive.org/web/20080404082152/http://www.independent.co.uk/life-style/food-and-drink/features/fast-food-neednt-be-junk-food-523835.html. dead. 4 April 2008. Scott-Moncrieff. Chloe. 22 January 2006. The Independent. 23 September 2012 . London.
  10. Web site: Leon co-founder to lead food system review . BBC News . 9 August 2020 . 27 June 2019.
  11. Web site: Restaurants – Leon Restaurants. Leonrestaurants.co.uk. 15 October 2015. 16 March 2014. https://web.archive.org/web/20140316201952/http://www.leonrestaurants.co.uk/restaurants/. dead.
  12. Web site: Restaurants. Leon. HMS. Leonrestaurants.co.uk. 21 January 2015.
  13. Web site: Central & East News. Leon Lands at Stansted. 17 December 2014 . insidermedia.com. 21 January 2015.
  14. Web site: Lysecki. Sarah. HMSHost wins Eurotunnel and East Midlands Airport concessions. Moodiereport.com. 21 January 2015.
  15. News: Burn-Callander. Rebecca. Leon eyes US expansion. The Daily Telegraph. 21 January 2015.
  16. Web site: LEON launches flagship restaurant in Gran Canaria Airport. QSRMedia UK. 7 August 2018 . 12 February 2019.
  17. News: Healthy fast food chain Leon reveals profit leap – and its secret martial arts experiment. The Telegraph. 8 May 2016 . 13 June 2016. Burn-Callander . Rebecca .
  18. Web site: Leon aims to help US 'fall back in love' with fast food. 25 June 2018. Evening Standard. 12 February 2019.
  19. Web site: Sernovitz . Daniel J. . 4 February 2021 . D.C. arm of fast-casual chain Leon files for bankruptcy . 9 October 2022 . Washington Business Journal.
  20. Web site: Fast Track 100 league table 2017 . The Sunday Times Fast Track . 9 August 2020.
  21. Web site: Leon Restaurants Limited: Annual Report and Financial Statements, 2018. Companies House. 7 September 2019.
  22. News: Butler. Sarah. Leon sets up initiative to deliver free meals to NHS critical care staff. 2020-03-27. The Guardian. 2020-03-29. en-GB. 0261-3077.
  23. Web site: These amazing people need us – Leon's FeedNHS appeal for 'vital funds' hopes to raise £1m. Milsom. Jennie. 2020-03-27. The Caterer. en. 2020-03-29.
  24. Web site: Damian, Helen & Matt. JustGiving.
  25. Web site: 18 April 2021. Leon: Billionaire Issa brothers buy fast food chain. 18 April 2021. BBC News.
  26. Web site: Jahshan. Elias. 18 April 2021. New Asda owner EG Group buys Leon restaurants. 2021-10-06. Retail Gazette.
  27. Web site: Hunt . Simon . 2023-10-31 . Issa brothers complete EG Group UK sale to Asda at a discount . 2023-10-31 . Evening Standard . en.
  28. Web site: English restaurateurs share ideas for healthy cooking in 'Leon: Naturally Fast Food'. . 17 October 2012. 12 February 2019.
  29. Web site: LEON – John Lewis & Partners. www.johnlewis.com. 12 February 2019.