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Career : Living Ventures was born in 1999 from the success of
previous businesses in the catering industry. Tim and Jeremy had been
highly successful in developing bars and restaurants in partnership
with regional and national brewers and selling their share in the
business once established.
Australian entrepreneur and former actor Tim Bacon set up his
first bar & restaurant Consultancy Company, Bar Biz, in 1989, two
years after first serving his apprenticeship with TGI Friday's. This
led to the first owned establishment - JW Johnson's, in Manchester in
1993. Two years later, JW's merged with The Celebrated Group PLC and
Tim became Restaurant Operations Director before leaving in 1996
Jeremy Roberts started his career washing dishes in his Dad's
hotel. Hotels were in his blood so after school he went to Uni at
Guildford. Armed with his degree in Hotel Management and having spent
a year learning how to speak Belgian French in Brussels he worked at
the Cumberland Hotel Kitchens for 6 months. He then became Food and
Beverage Manager at the Cavendish Hotel in London and then moved up
to Manchester as Hotel Manager of one of the airport Hotels. He then
moved away from the corporate world of large hotel companies to the
less corporate world of small hotel companies. He built and opened a
new hotel in Lancashire and successfully ran a large nightclub as
well as two hotels.
Via Vita, the first concept to be launched by Tim and Jeremy's
previous company - Life Restaurants grew to five sites before their
partners Marston Thompson & Evershed bought Life's half of the
business in 1998. The partnership then went on to develop Life
Café, Two sites in Liverpool and Manchester were developed
before the fledgling brand was sold to hotel and restaurant operator
Whitbread in1999. In 1999 The Living Room was born.
In December 2005, the Sunday Times Top 100 named Living Ventures the
fastest-growing company in hospitality
In March 2005 on the back of this phenomenal growth the group added
the under performing Est Est Est chain of restaurants in a
deal with it's major shareholder The Restaurant Group which saw the
listed company take a 40% stake in the company by buying out the
existing private equity partner Bowmark Capital. In 2006 turnover
peaked at more than £51m.
This success and in particular that of The Living Room did not go
unnoticed by fellow operators. In June 2007 Ultimate leisure paid
£28 million to acquire the TLR estate. Tim and Jeremy having
successfuly refinanced the business are now concentrating on a
rebranding exercise of the remaining 15 strong estate with two new
brands Blackhouse Grills and Gusto Restaurant and Bar.
There are currently 8 Est Est Est outlets and 2 Gusto with more to
follow. There are also 5 Blackhouse Seafood & Steak Grills.
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