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

High-Technology Business
UK Wide

Focused on advances in energy storage, energy harvesting motor and drive systems and software. Several projects are approaching proof-of-concept stage and will be ready for commercialisation in the near future. Driven by a highly experienced and qual...

Asking Price: Offers Invited
Turnover: £5,000,000


Distributor of Powered Lift Platforms
UK Wide

Specialises in the supply, installation and servicing of industry-leading, mainly pneumatically operated personnel lifting equipment for the industrial and transport sectors. Operates directly as the sole UK and Ireland distributor for an internation...

Asking Price: Offers Invited
Turnover: £1,000,000


Technology Company with Unique Reusable Core Business for the Newspaper Trade (Fast Sale)
South East, UK

Interested parties are required to submit an expression of interest by 5pm on Tuesday 30th July 2019 with offers to be provided by 3pm on Thursday 1st August 2019. An opportunity exists to acquire the business and assets of this division of a highly...

Asking Price: Offers Invited
Turnover: £300k - £1m

View more businesses for sale

News Search

Latest News


Award-winning American diner put up for sale | BUSINESS SALE

An award-winning 50s-style American diner in Albert Village,...


Ayr Artwork firm goes into administration | BUSINESS SALE

The Steve Brown art company has announced that it has entere...


Outdoor activity centre completes MBO | BUSINESS SALE

An outdoor water activity centre has been successfully sold ...

Free guide: 10 Biggest Buyer Mistakes

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


Related News


Administrators called in for Newport radiator company | ADMINISTRATION

A radiator manufacturer headquartered in Newport, South Wale...


Logistics recruiters and distributors snaps up Birmingham-based counterpart | BUSINESS SALE

Challenge TRG Group, headquartered in Wigan, has successfull...

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