Hummus Brothers falls into administration

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The Hummus Brothers chain has fallen into administration, meaning the six London sites in Soho, Holborn, Exmouth Market, and the City will close.

The company, which launched on Wardour Street in Soho 13 years ago, has written a heartfelt message on the website.

‘As you may have read in the press, a number of brands have been going through tough times on the high street.

Like them, we have experienced a perfect storm of rising costs, reduced demand and over-supply in the market. The combination of the pound falling after the Brexit vote which pushed up the costs of our raw ingredients as well as property rents and business rates going up ever higher, make the high street a very difficult place to operate in at this time.

For the last 12 months, we explored ways to pivot away from the high street and investigated opportunities of working in canteens of large corporates as well as taking on vans which can operate in street food markets and festivals. We also worked with a specialist to help us launch a supermarket product in one of the major UK operators.

Unfortunately, despite our best efforts, the business didn’t generate enough cash to keep running until we changed course so, very reluctantly and sadly, we had to close the business.

Thank you so much for 13 wonderful years of business! It has been a great & unforgettable ride.’

Hummus Brothers falls into administration by Caterlyst | Caterlyst - https://www.caterlyst.com/

Caterlyst

Author: Caterlyst

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