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David Coffer’s Dirty Martini cocktail bars on the block

Property veteran David Coffer is eyeing a multimillion-pound windfall after putting his Dirty Martini cocktail chain up for sale.

His company, CG Restaurants & Bars, which owns 12 sites in cities including London, Cardiff and Manchester, has hired advisers to find a buyer after receiving a number of approaches.

The company, which posted sales of £22m last year, also operates Tuttons restaurant in Covent Garden and nearby pizza restaurant Fire & Stone.

CG was founded by Coffer, who is chairman of leisure agency Davis Coffer Lyons. He and his family own about 80% of the business, which is valued at about £40m.

Click here for the full Sunday Times article (£)

 

 

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