Lunch Garden is a leading Belgian self-service restaurant chain. The company operates 63 restaurants aimed at the value segment with a typical Belgian menu. The average restaurant surface of around 1.000 m2 is substantial. All the restaurants are located at strategically attractive locations with high traffic. Total annual revenues of Lunch Garden have been stable around € 100 million over the recent years. The company enjoys a reasonable profitability. H2 Equity Partners has acquired a controlling position. 

The investment thesis is to create extra shareholder value through cost reductions and by improving the offering. A more attractive menu and décor will be aimed to induce trial and ensure repeat purchase from new consumers. An important part of the plan is to refurbish the restaurants.