Franco Manca owner Fulham Shore explores sale amid rising costs

Fulham Shore, owner of Franco Manca and The Real Greek, is exploring a sale or restructuring amid rising operational costs and a sluggish UK market. Parent company Toridoll appointed Alvarez & Marsal to review strategic options for the group, acquired for £93m in 2023. Franco Manca reported a £3.2m loss for the year ending March 2024, while The Real Greek posted a £2.5m loss. The chains face pressure from increased wages, business rates, and employer National Insurance contributions. Toridoll noted the turnaround is "progressing slower than planned," with shares falling 2% on Feb. 20, 2026.