Aberdeen’s Byron Burger restaurant is one of 20 in the UK at risk of closure.
The firm today announced they are looking to agree a company voluntary agreement to help put the company on firm financial ground.
Hundreds of jobs at the 20 stores across the UK are at risk as part of the move, including the branch in Aberdeen’s Union Square.
The burger firm opened the Granite City branch – its first in Scotland – in 2016.
Will Wright said: “The CVA essentially divides this portfolio into three categories. For a total of 51 Category 1 sites, the leases will be retained at current rents. A further five Category 2 leases, have been identified as being viable at a reduced rent, equivalent to two thirds.
“For the remaining 20 Category 3 sites, a reduced rent, equivalent to 55%, will be paid for six months, while the company engages with landlords to agree the basis of any continued trading from these premises.”
Aberdeen’s branch is considered a Category 3 site.