Leon Restaurants Confirms Closure of 23 UK Sites After Entering Administration
Leon Restaurants has confirmed the permanent closure of 23 company-owned UK sites as part of a restructuring following its entry into administration in December. Co-founder John Vincent injected £2.5 million into the business after buying it back from Asda in October 2025.
news.sky.comLeon Restaurants has confirmed the permanent closure of 23 UK sites after entering administration in December. The company said it expects to exit administration after co-founder John Vincent injected £2.5 million into the business. The injection formed part of a wider turnaround plan following the chain's purchase from Asda in October 2025.
Leon had sold the business to the supermarket group in 2021. The deal included 46 company-owned restaurants and 20 franchised locations. The company had been under financial strain before administrators from BTG Advisory and Quantuma were appointed.
of a proposed Company Voluntary Arrangement are being published with creditors scheduled to vote on May 27. Following the restructure Leon will continue trading with 43 sites. The company confirmed that 23 company-owned restaurants ceased trading during the process while franchised sites were unaffected.
The remaining estate consists of 23 franchised restaurants and 20 company-operated locations. Staff unable to transfer to other locations were offered opportunities to apply for roles at Pret A Manger. The company has not confirmed how many jobs were affected.
The company said management had focused on rebuilding the business since the reacquisition. Several senior figures from an earlier growth phase have returned to support the turnaround including the chief financial officer and operations director. Leon said it plans significant menu changes over the next year including refreshed versions of existing dishes and the return of some customer favourites.
The changes form part of efforts to strengthen its position in the fast-food market. Mr Vincent described the restructuring as difficult but necessary. He added that the company can now exit administration and continue its rejuvenation as a smaller but more sustainable business.
“There is a lot of affection for Leon, and I am committed to working on behalf of our guests, teams and suppliers to make the company what people want it to be,” he said.
Key Facts
Story Timeline
5 events- October 2025
John Vincent bought back Leon from Asda.
1 sourceGB News - December 2025
Leon entered administration amid financial pressures.
1 sourceGB News - 2026
23 company-owned sites closed as part of restructuring.
1 sourceGB News - May 27 2026
Creditors will vote on proposed Company Voluntary Arrangement.
1 sourceGB News - 2026-05-07
Leon confirmed closures and plans to exit administration.
1 sourceGB News
Potential Impact
- 01
Leon will operate with 43 sites instead of 66 total locations.
- 02
Creditors will vote on the Company Voluntary Arrangement on May 27.
- 03
Leon plans menu changes including refreshed dishes over the next year.
- 04
Some staff received offers to apply for roles at Pret A Manger.
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