Flat Iron reports strong annual growth ahead of 8th opening

Flat Iron, the 'single steak' restaurant group founded by self-taught butcher Charlie Carroll, has released its financial figures for the year ended August 2018.

Indicating another year of strong sales growth, Flat Iron saw turnover up £2.7m year-on-year and, following considerate investment into the development of their Head Office team to support future expansion, adjusted EBITDA in line with last year.

Since the end of the financial year, Flat Iron has opened two further restaurants on Caledonian Road and Tooley Street in London, with both sites performing ahead of expectations. These new sites bring the total estate to seven, with a third opening planned this summer.

Carroll commented, “In a climate where there is an ever-growing squeeze on resources within the hospitality industry, staff retention and wellness remains a huge priority for us. We’re constantly investing in the training and development of our 300+ employees and are proud to have made the Sunday Times 100 Best Companies.”