The business, which was founded by the late Antonio Carluccio in 1999, has 103 restaurants in the UK but is seeking approval from landlords to slash rents in a restructuring plan known as a Company Voluntary Agreement (CVA).
The CVA, put together by restructuring advisers at KPMG, will allow Carluccios to pay a reduced rent for six months while the board engages with landlords about possible closures.
Carluccio’s is a well-established and much-loved part of the UK high street.
Will Wright