Chief executive Ross Sanders told M&C Report: “We’ve been talking to a couple of large private-equity houses that are investing in major branded chains in the UK and further afield that take great interest in Lazy Cow.”
Sanders said one of the companies specialises in branded concepts while the other invests in the wider food and beverages sector. The move would help UCL “move quicker” to take advantage of good deals in the property market.
He added: “We’re talking to consultants about a po-tential AIM listing as well.”
Sanders said he’s secured two further sites for the Lazy Cow brand, both “iconic buildings in very well-known town centres in the Midlands”.
They could open by the end of summer, taking the company to four Lazy Cows. The firm plans to open four or five more this year.