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Tue 14th Feb 2017 - London-based Mexican restaurant chain Lupita put up for sale |
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London-based Mexican restaurant chain Lupita put up for sale: London-based Mexican restaurant chain Lupita has been put up for sale by its owners Calita. The chain is made up of three sites located in Villiers Street next to Charing Cross, Commercial Street in the City and Kensington High Street with a fourth site in the pipeline at Battersea. The sites are being marketed by agent Christie & Co. Owned by Calita, Lupita is an award-winning brand that specialises in authentic Mexican cuisine and was recognised as the best Mexican restaurant by London restaurant guide Zagat in 2016. In partnership with Mexico-based company El Farolito in Mexico City, the first Lupita site opened in 2010. The sites all seat more than 70 diners and the City restaurant has a basement bar in addition. Christie & Co head of restaurants Simon Chaplin said: “This is an excellent opportunity to acquire three prominent restaurants with an established base. Mexican food is recognised as being a trend to watch, not limited to shells and wraps but also at the quality end with quesadillas, tortas and soft tacos. This is the cuisine that has brought Lupita its success. Mexican restaurants have seen a growth similar to the burger phenomenon but have the added appeal of being a more healthy alternative for many as well as offering speed and convenience. It is also a cuisine that can travel, unlike many others, so is able to take full advantage of the delivery revolution.”
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