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Bristol Post
Bristol Post
Entertainment
Mary Stone

Popular Bristol restaurant group announces 'significant' price increases after making 'less than 1%' profit in 2022

The owners of the Bristol restaurant group behind some of the city's most popular Italian eateries have announced that they will be making "significant price increases" across their six locations. A co-founder of The Bianchis Group, which runs, Bianchis Restaurant, Pasta Loco, Pasta Ripiena, Pizza Bianchi, Cotto and Centrale, posted on Instagram that following a financial review of 2022, they made "less than 1% profit despite being one of the busiest restaurant groups in Bristol and experiencing good turnover.

Ben Harvey, who founded the group with his cousin Dominic Borel in 2016 with their first location Pasta Loco, wrote that their slim profit margins meant they were currently "operating in a high-risk zone, with an inadequate financial safety net in a tumultuous financial environment."

As a result, the chain will be raising costs at all its sites. The "significant price increases" will be across food and wine and come into effect between now and the spring.

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