Tastecard business for sale

Tue, 26 May 2015 | BUSINESS SALE

Discount restaurant club Tastecard is due to be put up for sale by Didix, a rival Dutch restaurant promotions company that bought Tastecard in September 2014, The Daily Telegraph reports.

The company also owns UK Gourmet Society but is looking to offload Tastecard for a figure in the region of £100 million in order to capitalise on the group's growth with industry sources suggesting that the group generates as much as £12 million in annual earnings.

Grant Thornton are advising on the sale of the Tastecard business on behalf of Didix's owner, Waterland Private Equity.

The company grew from humble beginnings when Matt Turner and Jamie Milner kicked things off with TasteLondon and some 150 restaurants back in 2006. A rebrand in 2010 saw Tastecard kick off on a nation-wide basis, with members paying £79.99 for annual membership and a large number of memberships taking place through companies offering Tastecard as a job bonus.

The founders' approach has worked well and the company has some 3.5 million members who spend around £600 million a year in restaurants.

As well as listing restaurants from renowned chefs such as Marco Pierre White, the company works with chains such as Prezzo and tiger tiger.

View more food businesses for sale

Share this article

Latest Businesses for Sale

Range of Boxed & Ex-Display Lighting & Accessories (Fast Sale)
UK Wide

Closing From 10am Monday 25 March 2019. Subscribe for more information and seller contact details.

Asking Price: Offers Invited
Turnover: £500k - £1m

Newsagents & Card Shop
Royton, Oldham, Manchester, UK Wide

Shopping precinct trading location. Spacious premises. Parking to rear. Mainly managed by staff. Offers invited.

Asking Price: £79,950
Turnover: £480,000


Garage & MOT Station
Aughton, Sheffield, South Yorkshire, Yorkshire and the Humber, UK

Established Since 1990. Automated MOT Test Station completed with reliable and experienced staff. This is a retirement sale. Offers invited.

Asking Price: £359,950
Turnover: £358,198


View more businesses for sale

News Search

Latest News


Buyer sought for Leeds pub group | ADMINISTRATION

Administrators for pub group headquartered in Leeds are on t...


Tavistock places two North East pubs for sale | BUSINESS SALE

The Lambton Worm and The New Plough pubs in County Durham ha...


Construction mogul Dawnus braces itself for administration | ADMINISTRATION

Dawnus Construction, the property development giant based in...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


Construction mogul Dawnus braces itself for administration | ADMINISTRATION

Dawnus Construction, the property development giant based in...


Harvard Technology Limited enters administration | ADMINISTRATION

A lighting company based in Normanton has been forced to eng...


Fine meat specialist enters administration | ADMINISTRATION

A collaboration between two family businesses with more than...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources