Our History
Founded in 2014 by Hugh Osmond, Various Eateries plc’s stated mission is “great people delivering unique experiences through continuous innovation”. The core brands of the Group are Coppa Club and Noci. The Group currently operates across seventeen locations. The concept of Coppa Club was born after Hugh and his team purchased Strada. Their goal was to reinvigorate the sites, creating a more unique and immersive experience from a restaurant into a place that guests could use more frequently – trusted local venues for work and play.
Noci is a concept led from inception by Andy Bassadone. Andy invested in the Group in 2019 with a vision to re-define the Italian dining sector, having previously accomplished a similar objective with the French dining sector through his rollout of Côte Restaurants.
Business Model
The core brands of Various Eateries are Coppa Club and Noci.
Coppa Club venues are generally a multi-use all-day sites, combining a restaurant, café, lounge, bar and workspace under one roof (as well as bedrooms, event spaces, gym and spa facilities in certain flagship locations). The offering incorporates three formats designed to capitalise on each specific site location: Full-Service Clubhouse, Club & Townhouse.
Noci meaning “walnut” in Italian is a high-quality, food-focused modern pasta restaurant, using only the best seasonal ingredients. The Islington branch launched in March 2022 focusing on the neighbourhood. In 2023, venues launched in the iconic Battersea Power Station and Old Street, Shoreditch.
Growth Strategy
There is potential demand to roll out over 50 Coppa Clubs by way of organic growth across the UK. It is management’s intention - subject to matters including market conditions - to open a number of sites across 2023 and beyond. The increased availability of sites, coupled with a favourable rental market, gives management confidence that suitable sites will be available at reduced costs.
There are also a number of potential acquisition opportunities in the form of large country pubs which could be converted with relatively low capex to offer the full Coppa Club experience.
In addition, the integration of two Coppa Club hotel acquisitions (The Great House at Sonning, The Swan at Streatley, and The Georgian, Haslemere) into the Group is an important part of the Group’s overall strategy to demonstrate to other hotel groups that management’s experience of running restaurants within hotels is extremely valuable. As part of the Group’s growth strategy, management will demonstrate that this is a model that can be replicated with other hotel groups. Small groups of independent hotels with reasonable room business but no distinct food and beverage offering will need to distinguish themselves in this changing market and there is an opportunity for an operator with a proven track record and a quality brand to elevate their offer. The Group will assess opportunities as they arise.
Coppa Club’s Growth Strategy
There is potential demand to roll out over 50 Coppa Clubs by way of organic growth across the UK. It is management’s intention, subject to matters including market conditions, to open a number of sites across 2023. The increased availability of sites in light of the extensive closures following Covid, coupled with a favourable rental market, gives management confidence that suitable sites will be available at reduced costs, and that limited capex would be required to make these sites fit for purpose.
There are also a number of potential acquisition opportunities in the form of large country pubs which could be converted with relatively low capex to offer the full Coppa Club experience.
In addition, the integration of two Coppa Club hotel acquisitions (The Great House at Sonning and The Swan at Streatley) into the Group is an important part of the Group’s overall strategy to demonstrate to other hotel groups that management’s experience of running restaurants within hotels is extremely valuable. As part of the Group’s growth strategy, management will demonstrate that this is a model that can be replicated with other hotel groups. Small groups of independent hotels with reasonable room business but no distinct food and beverage offering will need to distinguish themselves in this changing market and there is an opportunity for an operator with a proven track record and a quality brand to elevate their offer. The Group will assess opportunities as they arise.
Noci’s Growth Strategy
Opened in Islington, London in March 2022, the venue quickly found its feet, becoming a go-to for locals, Londoners, and tourists alike. With an accessible price point, laid-back atmosphere, and a focus on quality the offering continues to grow in popularity. In 2023, the group opened Noci Battersea Power Station and Noci Shoreditch based in the Old Street neighbourhood. Both venues have settled into their new location and demand for the brand continues to grow.