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These are the user uploaded subtitles that are being translated: 1 00:00:03,240 --> 00:00:04,360 I'm Fred Sirieix. 2 00:00:04,360 --> 00:00:07,000 I've worked in the restaurant industry for 25 years. 3 00:00:07,000 --> 00:00:11,680 Right now, the UK's restaurant scene is the envy of the world, 4 00:00:11,680 --> 00:00:13,880 and all it takes is one great idea 5 00:00:13,880 --> 00:00:16,320 to make a fortune on the high street... 6 00:00:17,520 --> 00:00:20,440 ..but has the next generation of restaurants 7 00:00:20,440 --> 00:00:24,480 got what it takes to become a multi-million-pound business? 8 00:00:24,480 --> 00:00:27,200 Over the next six weeks, here in Manchester, 9 00:00:27,200 --> 00:00:29,040 the food capital of the North, 10 00:00:29,040 --> 00:00:31,920 12 of the most exciting new restaurant ideas 11 00:00:31,920 --> 00:00:34,760 are in with a chance of a life-changing investment 12 00:00:34,760 --> 00:00:38,640 from some of the UK's most respected investors. 13 00:00:38,640 --> 00:00:43,400 These are the men and women who can turn an idea into a national brand. 14 00:00:43,400 --> 00:00:45,560 We're looking at putting a lot of money 15 00:00:45,560 --> 00:00:47,400 into the absolute best concept. 16 00:00:47,400 --> 00:00:49,640 This is the kind of model that you dream of. 17 00:00:49,640 --> 00:00:53,240 If I find the right operator I'll be fighting for it. 18 00:00:55,680 --> 00:00:59,360 Each week, the investors will give the people behind two great new food 19 00:00:59,360 --> 00:01:01,360 ideas a unique opportunity. 20 00:01:01,360 --> 00:01:02,960 Ah, this is brilliant! 21 00:01:02,960 --> 00:01:04,360 Their own pop-up restaurant. 22 00:01:05,520 --> 00:01:06,800 Right, rock and roll, man. 23 00:01:06,800 --> 00:01:08,600 They have just three days to prove.... 24 00:01:08,600 --> 00:01:10,640 Nobody seems to know the table numbers. 25 00:01:10,640 --> 00:01:12,040 ...they've got what it takes... 26 00:01:12,040 --> 00:01:13,280 That's a disaster. 27 00:01:13,280 --> 00:01:14,760 ..to make it on the high street. 28 00:01:14,760 --> 00:01:17,720 When you start to rush, that's when you start to make more mistakes. 29 00:01:17,720 --> 00:01:19,600 There is a big backlog of customers at the door, 30 00:01:19,600 --> 00:01:21,040 what are you going to do about it? 31 00:01:21,040 --> 00:01:25,520 If I was to invest, it'll take half a million to £750,000. 32 00:01:25,520 --> 00:01:27,760 Time to make some dough. 33 00:01:27,760 --> 00:01:28,960 After the three days, 34 00:01:28,960 --> 00:01:32,320 will the investors walk back into the restaurant... 35 00:01:32,320 --> 00:01:33,520 HE SIGHS 36 00:01:33,520 --> 00:01:34,920 ..and make them an offer? 37 00:01:34,920 --> 00:01:37,040 It's a £600,000 lunch. 38 00:01:37,040 --> 00:01:39,960 We are not going to leave without an investment. 39 00:01:39,960 --> 00:01:41,800 I'm sorry, the time is up. 40 00:01:41,800 --> 00:01:43,560 The doors are open for business. 41 00:01:43,560 --> 00:01:45,440 Welcome to Million Pound Menu. 42 00:01:51,120 --> 00:01:55,320 Today, two new restaurants arrive in Manchester to open their doors 43 00:01:55,320 --> 00:01:58,080 to the paying public for the very first time. 44 00:01:58,080 --> 00:02:00,320 Will they be able to secure an investment, 45 00:02:00,320 --> 00:02:02,120 or will they leave empty-handed? 46 00:02:03,360 --> 00:02:07,560 And these are our lovely momos, well worth the wait. 47 00:02:07,560 --> 00:02:10,360 The men and women behind some of the most successful businesses 48 00:02:10,360 --> 00:02:11,600 on the high street... 49 00:02:11,600 --> 00:02:14,760 We call it a hug in a box, so we've created a hug in a box, 50 00:02:14,760 --> 00:02:16,400 like comfort food. 51 00:02:16,400 --> 00:02:19,400 ..met to choose some of the best new restaurant ideas 52 00:02:19,400 --> 00:02:21,400 for a three-day trial run pop-up. 53 00:02:21,400 --> 00:02:23,280 This is our signature Libertine burger, 54 00:02:23,280 --> 00:02:25,400 double-ground beef patty and fried pickles. 55 00:02:25,400 --> 00:02:29,800 There's an explosion of these concepts, they're really successful. 56 00:02:29,800 --> 00:02:32,200 They were looking for the two entrepreneurs 57 00:02:32,200 --> 00:02:34,920 with the strongest food, brand and business plan. 58 00:02:34,920 --> 00:02:37,760 I think this is a very good plan that he's put together. 59 00:02:37,760 --> 00:02:40,960 It ticks a lot of boxes in terms of being on trend. 60 00:02:40,960 --> 00:02:42,600 Then each investor had to decide 61 00:02:42,600 --> 00:02:45,680 whether they liked the concept enough to try it in Manchester. 62 00:02:47,400 --> 00:02:49,800 James is a proper grafter, so he leads from the front, 63 00:02:49,800 --> 00:02:52,000 which is something that's very important to me. 64 00:02:52,000 --> 00:02:54,640 The first idea to get the investors excited, 65 00:02:54,640 --> 00:02:57,240 an experienced chef and bartender duo, 66 00:02:57,240 --> 00:03:00,800 who want to bring great food and drink to commuter belt towns. 67 00:03:00,800 --> 00:03:02,920 Hollings is a neighbourhood restaurant 68 00:03:02,920 --> 00:03:05,640 with Central London service standards and produce, 69 00:03:05,640 --> 00:03:07,480 pulled out to the commuter belts. 70 00:03:07,480 --> 00:03:09,280 When I go back home to Buckinghamshire, 71 00:03:09,280 --> 00:03:10,360 James is out in Essex. 72 00:03:10,360 --> 00:03:12,800 There's good takeaways, there's good Indians and Chinese, 73 00:03:12,800 --> 00:03:17,480 and good pubs, but the next level is gone back to the quiet dining rooms 74 00:03:17,480 --> 00:03:19,880 with the big chairs, and it's stale and it's stagnant. 75 00:03:19,880 --> 00:03:21,360 There is very much a gap there, 76 00:03:21,360 --> 00:03:23,400 and we are the perfect people to fill that. 77 00:03:23,400 --> 00:03:27,600 Chef Ronnie and barman James want £200,000 78 00:03:27,600 --> 00:03:30,720 to set up their first Hollings. 79 00:03:30,720 --> 00:03:32,720 Certainly, where I live now, in Surrey, 80 00:03:32,720 --> 00:03:36,600 you're bored of all the good concepts being in London. 81 00:03:36,600 --> 00:03:40,080 This is definitely a concept that could scale to multiple sites. 82 00:03:40,080 --> 00:03:42,120 Could you see ten Hollings? Absolutely. 83 00:03:42,120 --> 00:03:46,400 The bar and restaurant scene in major cities is hypercompetitive. 84 00:03:46,400 --> 00:03:49,360 That means that you need to generate a very high level of profit 85 00:03:49,360 --> 00:03:50,960 to make a return. 86 00:03:50,960 --> 00:03:54,160 Actually, if you step away from that market into suburban towns, 87 00:03:54,160 --> 00:03:57,000 where your rents are lower, it is a compelling strategy, 88 00:03:57,000 --> 00:03:58,880 if you can get the offering right. 89 00:03:58,880 --> 00:04:01,320 I obviously run three suburban restaurants, 90 00:04:01,320 --> 00:04:03,080 so I understand their passion, 91 00:04:03,080 --> 00:04:06,680 where they're coming from, and I understand the economics of it. 92 00:04:06,680 --> 00:04:08,760 Hollings is a place where people feel 93 00:04:08,760 --> 00:04:11,240 that it's their neighbourhood restaurant, 94 00:04:11,240 --> 00:04:13,840 where they know the chef, they know the front of the house, 95 00:04:13,840 --> 00:04:15,440 and they can walk in there any time 96 00:04:15,440 --> 00:04:17,120 to have a chat or have a drink. 97 00:04:17,120 --> 00:04:19,000 You can definitely make money like that 98 00:04:19,000 --> 00:04:21,280 because people don't patronise you just for a day, 99 00:04:21,280 --> 00:04:23,000 they patronise you for their life, 100 00:04:23,000 --> 00:04:24,960 because you become part of their life. 101 00:04:24,960 --> 00:04:27,480 I wouldn't be amazed if there will be an arm wrestle 102 00:04:27,480 --> 00:04:29,600 between me and Imbiba, but let's see. 103 00:04:29,600 --> 00:04:32,400 Guys, this is our signature fettuccine Alfredo. 104 00:04:32,400 --> 00:04:34,760 It's slathered on a giant wheel of cheese, 105 00:04:34,760 --> 00:04:36,440 it's going to blow your mind. 106 00:04:36,440 --> 00:04:39,600 Next, an Italian idea with a twist, 107 00:04:39,600 --> 00:04:42,800 fresh pasta finished off on a 40kg cheese wheel. 108 00:04:43,960 --> 00:04:46,120 We are making fresh pasta, 109 00:04:46,120 --> 00:04:49,720 then slathering it in a massive wheel of Grana Padano 110 00:04:49,720 --> 00:04:51,760 to infuse the flavours. 111 00:04:51,760 --> 00:04:56,520 South African-born Graham is looking for £500,000 investment. 112 00:04:56,520 --> 00:04:58,240 It's been a massive hit on Instagram, 113 00:04:58,240 --> 00:04:59,600 the videos have gone viral. 114 00:04:59,600 --> 00:05:01,920 I think everyone has a secret fetish for cheese. 115 00:05:01,920 --> 00:05:05,280 Conceptually, it's very simple to do, it's got a lot of theatre, 116 00:05:05,280 --> 00:05:07,200 it really connects with millennials. 117 00:05:07,200 --> 00:05:10,640 They don't have any Italian experience, they're not Italian. 118 00:05:10,640 --> 00:05:13,680 It doesn't matter. For me, that matters, because I am Italian. 119 00:05:13,680 --> 00:05:17,120 That key signature dish is really strong. 120 00:05:17,120 --> 00:05:21,240 Cheese, fresh pasta - seriously, what's not to like? 121 00:05:21,240 --> 00:05:22,800 The impact of the cheese wheel, 122 00:05:22,800 --> 00:05:24,400 I think it's potentially a great hook. 123 00:05:24,400 --> 00:05:26,680 Every restaurant needs a unique selling point, 124 00:05:26,680 --> 00:05:28,760 something that differentiates it. 125 00:05:28,760 --> 00:05:30,840 These guys have got a great idea, great passion. 126 00:05:30,840 --> 00:05:32,560 So, yeah, I'd like to see it. 127 00:05:32,560 --> 00:05:34,320 Two ideas have been chosen. 128 00:05:34,320 --> 00:05:37,160 The Cheese Wheel's hopes rest on just one person, 129 00:05:37,160 --> 00:05:40,040 but two investors could end up fighting over Hollings. 130 00:05:55,200 --> 00:05:57,920 Today, Manchester welcomes two new restaurant hopefuls, 131 00:05:57,920 --> 00:05:59,680 Cheese Wheel and Hollings. 132 00:05:59,680 --> 00:06:00,880 The next three days 133 00:06:00,880 --> 00:06:03,240 could well change their business fortune forever. 134 00:06:03,240 --> 00:06:07,680 The two ideas will take over identical existing restaurant sites 135 00:06:07,680 --> 00:06:09,720 100 yards apart. 136 00:06:09,720 --> 00:06:12,120 This morning, Graham and James and Ronnie 137 00:06:12,120 --> 00:06:15,480 are about to see their new restaurants for the first time. 138 00:06:17,680 --> 00:06:19,840 It's good, actually, it does look really good. 139 00:06:19,840 --> 00:06:21,880 After you. Thank you. 140 00:06:24,080 --> 00:06:25,320 Look at that. 141 00:06:25,320 --> 00:06:28,400 Over the last month, they have been working with a designer 142 00:06:28,400 --> 00:06:30,320 to bring their restaurant to life. 143 00:06:30,320 --> 00:06:32,320 That's great. Looks banging, doesn't it? 144 00:06:32,320 --> 00:06:34,160 That's really nice, actually. 145 00:06:34,160 --> 00:06:35,520 James and Ronnie have worked 146 00:06:35,520 --> 00:06:37,560 for some of the country's best restaurants, 147 00:06:37,560 --> 00:06:40,880 but this is their first time in their own place. 148 00:06:40,880 --> 00:06:43,040 We're super excited to see, you know, 149 00:06:43,040 --> 00:06:45,920 to see Hollings actually become real. 150 00:06:45,920 --> 00:06:49,120 The first diners sits down, the first check comes through, 151 00:06:49,120 --> 00:06:53,480 first martini goes to the table, it exists then, that's exciting. 152 00:06:56,120 --> 00:06:59,520 38-year-old Ronnie has spent 20 years as a chef. 153 00:06:59,520 --> 00:07:02,520 His current main project is running a supper club 154 00:07:02,520 --> 00:07:04,560 from his home in South London. 155 00:07:04,560 --> 00:07:07,080 I've slow-cooked it, 140 degrees. Pressed it. 156 00:07:07,080 --> 00:07:10,200 I'm very fortunate that I'm paid a living to do my hobby, 157 00:07:10,200 --> 00:07:11,800 which is lovely. 158 00:07:11,800 --> 00:07:15,280 My earliest memory is knocking around on my grandma's floor, 159 00:07:15,280 --> 00:07:17,360 with an old set of balance scales, 160 00:07:17,360 --> 00:07:21,320 weighing up dry pasta and pretending to cook with a spoon and stuff. 161 00:07:21,320 --> 00:07:24,880 My mum was a cook for 29 years in a school kitchen. 162 00:07:24,880 --> 00:07:26,520 Yeah, it's sort of in the family. 163 00:07:26,520 --> 00:07:30,200 28-year-old James is a rising bar and cocktail star. 164 00:07:30,200 --> 00:07:31,960 He met Ronnie when they worked together 165 00:07:31,960 --> 00:07:34,040 at an upmarket London restaurant. 166 00:07:34,040 --> 00:07:37,680 I am sort of the beverage side, and front of house side of Hollings. 167 00:07:37,680 --> 00:07:40,720 I've been in hospitality in London for about 11 years. 168 00:07:40,720 --> 00:07:43,200 I think we make Hollings credible for an investor. 169 00:07:43,200 --> 00:07:46,160 Between the two of us, there's a large wealth of experience. 170 00:07:46,160 --> 00:07:48,880 Now, Ronnie and James are looking for £200,000 171 00:07:48,880 --> 00:07:50,720 to kick-start Hollings - 172 00:07:50,720 --> 00:07:53,880 and the right person to back them. 173 00:07:53,880 --> 00:07:55,360 I think an ideal investor for us 174 00:07:55,360 --> 00:07:57,840 has got to be someone who's going to fit our character. 175 00:07:57,840 --> 00:07:59,880 We've got to like what they've got on offer, 176 00:07:59,880 --> 00:08:02,880 they've got to like what we've got on offer, it's like a marriage. 177 00:08:02,880 --> 00:08:05,040 If it doesn't feel right, don't do it, 178 00:08:05,040 --> 00:08:08,160 because it's going to end messy, and it's going to end in a nasty divorce 179 00:08:08,160 --> 00:08:10,400 and someone's going to lose everything. 180 00:08:10,400 --> 00:08:12,680 But equally, I think, it's probably as important 181 00:08:12,680 --> 00:08:15,280 that the 120 covers that we got booked over the next three days 182 00:08:15,280 --> 00:08:16,600 have a good time. 183 00:08:16,600 --> 00:08:19,040 If we do that right, then the investment will probably come. 184 00:08:23,560 --> 00:08:24,880 Yeah, let's do it! 185 00:08:24,880 --> 00:08:28,120 Opposite Hollings, Graham is also about to see his restaurant 186 00:08:28,120 --> 00:08:29,400 for the first time. 187 00:08:29,400 --> 00:08:30,960 This looks awesome. 188 00:08:30,960 --> 00:08:31,960 So cool. 189 00:08:33,360 --> 00:08:35,640 CHANTS: Cheese Wheel! Cheese Wheel! 190 00:08:35,640 --> 00:08:38,520 Unbelievable. Look at the kitchen, whoa! 191 00:08:38,520 --> 00:08:40,480 Get your pasta, fresh pasta! 192 00:08:40,480 --> 00:08:44,640 35-year-old Graham had a cheese wheel in Italy when on holiday, 193 00:08:44,640 --> 00:08:48,080 then brought the idea back to Camden Market in London. 194 00:08:48,080 --> 00:08:51,240 Now he's serving hundreds of dishes a day. 195 00:08:51,240 --> 00:08:54,280 An average week, looking about £8,000. 196 00:08:54,280 --> 00:08:57,280 Our best sales, we're looking at about 11 grand. 197 00:08:57,280 --> 00:08:59,000 Pretty mega for a tiny little stall. 198 00:08:59,000 --> 00:09:03,000 We've had customers online, on Facebook, that actually have said, 199 00:09:03,000 --> 00:09:05,920 "The Cheese Wheel is not just a gimmick, we've gone and tried it. 200 00:09:05,920 --> 00:09:07,920 "It's fresh-rolled pasta, it's a convenience, 201 00:09:07,920 --> 00:09:11,000 "it's something that there is not enough of out there." 202 00:09:11,000 --> 00:09:14,480 Now Graham wants £500,000 so that The Cheese Wheel 203 00:09:14,480 --> 00:09:17,360 can take its share of the 24 million visits 204 00:09:17,360 --> 00:09:21,480 that were made to Britain's Italian restaurants last year. 205 00:09:21,480 --> 00:09:22,920 I've got a wife and two kids, 206 00:09:22,920 --> 00:09:25,120 and I dream of giving them a better future, 207 00:09:25,120 --> 00:09:27,640 of building something for them for the future, also. 208 00:09:27,640 --> 00:09:29,960 Something I want to achieve in my life, if possible, 209 00:09:29,960 --> 00:09:31,440 that's what I'm aiming for. 210 00:09:37,840 --> 00:09:40,160 Tomorrow, in just 24 hours, 211 00:09:40,160 --> 00:09:43,000 the investors will be arriving for a private lunch. 212 00:09:43,000 --> 00:09:44,880 Right, rock and roll, man, let's go. 213 00:09:44,880 --> 00:09:47,880 So, tonight, each restaurant has just one practice run 214 00:09:47,880 --> 00:09:50,480 to get their menu and service right. 215 00:09:51,600 --> 00:09:54,480 Tonight, both restaurants open to the paying public 216 00:09:54,480 --> 00:09:56,880 for the first time. It's their soft launch. 217 00:09:56,880 --> 00:09:59,200 I've done so many in my time, and believe me, 218 00:09:59,200 --> 00:10:00,600 they never go according to plan - 219 00:10:00,600 --> 00:10:03,560 but that's the point! Because they must learn from tonight. 220 00:10:03,560 --> 00:10:07,960 Tomorrow, there will be no room for error when the investors arrive. 221 00:10:07,960 --> 00:10:09,320 Hey, buddy. 222 00:10:09,320 --> 00:10:11,560 Both restaurants have brought their own teams 223 00:10:11,560 --> 00:10:13,720 to help in the kitchen and with front of house... 224 00:10:16,040 --> 00:10:19,280 ..and the man with the cheese wheel is Graham's twin brother. 225 00:10:21,480 --> 00:10:23,960 Johnny, you're doing a sterling job, mate. 226 00:10:25,560 --> 00:10:28,640 Buongiorno. How are you? 227 00:10:28,640 --> 00:10:30,640 Oh, you're making pasta? Oh, beautiful! 228 00:10:30,640 --> 00:10:33,200 I love pasta! They are very good quality, these pasta. 229 00:10:33,200 --> 00:10:36,520 Thank you. Tell me about this cheese wheel, because I'm really intrigued. 230 00:10:36,520 --> 00:10:38,840 I mean, do you actually serve all your pasta 231 00:10:38,840 --> 00:10:40,720 in a Parmesan wheel like this? 232 00:10:40,720 --> 00:10:43,080 So, what we do, we cook our fettuccine Alfredo 233 00:10:43,080 --> 00:10:44,840 nice and hot and put it on top, 234 00:10:44,840 --> 00:10:47,400 and it infuses the flavours from the wheel... 235 00:10:47,400 --> 00:10:50,320 Really? ..and it makes a cheesy, white wine, Alfredo-type of sauce. 236 00:10:50,320 --> 00:10:53,480 How many wheels like this do you go through a week? 237 00:10:53,480 --> 00:10:55,720 We go through one every few days, I'd say. 238 00:10:55,720 --> 00:10:57,760 But it's not too expensive to do that? 239 00:10:57,760 --> 00:10:59,440 We make our mark-up on it. 240 00:10:59,440 --> 00:11:01,960 Oh, really? Yeah. There's a lot of dough in pasta, isn't there? 241 00:11:01,960 --> 00:11:03,280 Yeah. Good, good, good, good! 242 00:11:03,280 --> 00:11:05,880 Well, today, you'll have your first service here. 243 00:11:05,880 --> 00:11:07,800 I hope it goes well for you. Thank you. 244 00:11:07,800 --> 00:11:10,280 And enjoy it. Ciao. Lovely to meet you, take care. 245 00:11:12,280 --> 00:11:16,920 The Cheese Wheel's star dish is fettuccine Alfredo. 246 00:11:16,920 --> 00:11:19,280 Fresh pasta is cooked in double cream, 247 00:11:19,280 --> 00:11:23,400 then swirled hot on the wheel to pick up melting cheese. 248 00:11:23,400 --> 00:11:29,080 It's £6.50, with toppings like sheep's milk cheese extra... 249 00:11:29,080 --> 00:11:33,880 ..but Graham's decided to add dishes to his Manchester menu. 250 00:11:33,880 --> 00:11:36,120 We've taken some risks, we haven't played it safe. 251 00:11:36,120 --> 00:11:40,560 I really wanted to show the investors this isn't just a fad, 252 00:11:40,560 --> 00:11:41,880 a one trick pony. 253 00:11:41,880 --> 00:11:44,920 This can be developed into something much more... 254 00:11:44,920 --> 00:11:46,400 ..beautiful. 255 00:11:46,400 --> 00:11:50,360 Fresh pappardelle with lamb ragu is £9.25, 256 00:11:50,360 --> 00:11:54,200 and squid ink spaghetti with fresh clams in a white wine sauce 257 00:11:54,200 --> 00:11:56,040 is £10.25. 258 00:11:58,160 --> 00:12:00,680 All right, boys. We've got bacon sandwiches ready, yeah? 259 00:12:00,680 --> 00:12:02,080 A bit of brekkie. 260 00:12:02,080 --> 00:12:05,760 Most important, make sure everyone's looked after. Happy, happy staff. 261 00:12:05,760 --> 00:12:08,640 How are you, guys? Just in time for a bacon sandwich. 262 00:12:08,640 --> 00:12:10,440 Good. How are you? I'm very well, thank you. 263 00:12:10,440 --> 00:12:12,520 How are you? Nice to meet you. Very good, thank you. 264 00:12:12,520 --> 00:12:14,560 Nice to meet you, too. So, what is Hollings, then? 265 00:12:14,560 --> 00:12:16,560 Very good question! Absolutely. HE LAUGHS 266 00:12:16,560 --> 00:12:18,880 It's authentic sort of British cuisine, 267 00:12:18,880 --> 00:12:21,080 a bit of provenance, quality service, 268 00:12:21,080 --> 00:12:23,920 amazing drinks - but I suppose the USP, or the hook, 269 00:12:23,920 --> 00:12:27,200 is that we're going to sort of pull it to commuter belts, 270 00:12:27,200 --> 00:12:28,880 out of Central London. 271 00:12:28,880 --> 00:12:30,200 Slightly more than a pub. 272 00:12:30,200 --> 00:12:33,960 Slightly more affordable than the sort of fine-dining restaurants. 273 00:12:33,960 --> 00:12:35,480 Very good - and what about drinks? 274 00:12:35,480 --> 00:12:38,000 You say fantastic drinks. Yeah. What have you got? 275 00:12:38,000 --> 00:12:41,040 We are not labour-intensive shaky, shaky cocktails any more, 276 00:12:41,040 --> 00:12:42,520 I think the world has moved on. 277 00:12:42,520 --> 00:12:45,800 Just quality products and just a really simple serve, really. 278 00:12:45,800 --> 00:12:47,880 Good. All right. Well, guys, have a good day, 279 00:12:47,880 --> 00:12:49,720 and I'll see you later on. 280 00:12:49,720 --> 00:12:51,440 See you later. Take care. Bye. 281 00:12:51,440 --> 00:12:55,320 Right, Will, let's do a little checklist. 282 00:12:55,320 --> 00:12:57,720 Sweetcorn. Sweetcorn... Yeah. Fritters... 283 00:12:57,720 --> 00:13:00,960 On average, we now eat out 100 times a year in the UK... 284 00:13:00,960 --> 00:13:03,880 Tartare sauce, we need to mix. Yeah. 285 00:13:03,880 --> 00:13:05,680 ..and the long Hollings menu 286 00:13:05,680 --> 00:13:08,600 is designed for familiarity and repeat visits. 287 00:13:08,600 --> 00:13:11,400 Sort out the seaweed... 288 00:13:11,400 --> 00:13:15,880 Its 26 items include a crispy lamb belly snack at £3.50, 289 00:13:15,880 --> 00:13:19,480 rump of beef carpaccio at £7.25, 290 00:13:19,480 --> 00:13:23,560 and Alfie's fish and chips, named after one of Ronnie's proteges, 291 00:13:23,560 --> 00:13:26,720 at £14.50... 292 00:13:26,720 --> 00:13:29,400 ..and James's drinks are a big part of the offering. 293 00:13:29,400 --> 00:13:31,280 Four of his Tiny Tinis, 294 00:13:31,280 --> 00:13:34,840 miniature versions of classic martinis, cost £10. 295 00:13:43,520 --> 00:13:45,760 Ron, 6:30. 296 00:13:45,760 --> 00:13:48,520 See you on the other side. See you on the other side, mate. 297 00:13:49,760 --> 00:13:53,040 In my own restaurant, I love that feeling before service. 298 00:13:53,040 --> 00:13:54,680 Everything must be ready. 299 00:13:54,680 --> 00:13:56,880 The waiters must be standing to attention, 300 00:13:56,880 --> 00:13:59,160 and when the first customer walks through the door... 301 00:13:59,160 --> 00:14:00,960 Hello. How are you? 302 00:14:00,960 --> 00:14:02,560 ..the battle is on. 303 00:14:02,560 --> 00:14:04,640 I was going to say, have you been to Hollings before? 304 00:14:04,640 --> 00:14:06,760 But I know you haven't. No! 305 00:14:06,760 --> 00:14:10,000 Tonight's soft launch features half-price food, 306 00:14:10,000 --> 00:14:13,160 so both restaurants are booked solid. 307 00:14:13,160 --> 00:14:14,320 Table nine, yeah? 308 00:14:14,320 --> 00:14:16,960 Fettuccine, pancetta, fettuccine, pancetta. Thank you. 309 00:14:16,960 --> 00:14:19,520 We're both going to get the Alfredo. OK, yeah. 310 00:14:19,520 --> 00:14:20,840 In The Cheese Wheel, 311 00:14:20,840 --> 00:14:24,080 most of the customers want to try the signature dish. 312 00:14:24,080 --> 00:14:27,240 I'll order the fettuccine Alfredo. Yeah. 313 00:14:27,240 --> 00:14:29,400 Can I have the fettuccine Alfredo, as well? 314 00:14:29,400 --> 00:14:31,560 Yeah. I'm going to go for the same. Yeah. 315 00:14:31,560 --> 00:14:34,560 Fettuccine Alfredo with pancetta. 316 00:14:34,560 --> 00:14:37,320 Fettuccine Alfredo with smoked pork. It's all fettuccine tonight. 317 00:14:37,320 --> 00:14:38,760 BELL RINGS 318 00:14:38,760 --> 00:14:42,280 We've just come back from Rome and the pasta there was, like, amazing - 319 00:14:42,280 --> 00:14:44,000 but that measured up to it, as well. 320 00:14:44,000 --> 00:14:46,880 Like, it was literally one of the best pasta I've ever had. 321 00:14:48,320 --> 00:14:50,600 Hi, guys. How are you? Can I sit at the bar? Yeah. 322 00:14:50,600 --> 00:14:52,600 Thank you. How are you? How are you doing? 323 00:14:52,600 --> 00:14:54,200 You all right? Very well, thank you. 324 00:14:54,200 --> 00:14:58,120 Check on, guys. Fettuccine Alfredo. Fettuccine Alfredo with pesto. 325 00:14:58,120 --> 00:15:02,040 I like the menu. In fact, I love it. I want to eat everything on it... 326 00:15:02,040 --> 00:15:05,920 ..but the thing is, there's only one dish that's cooked using that wheel. 327 00:15:05,920 --> 00:15:07,080 How is it going, Graham? 328 00:15:07,080 --> 00:15:10,960 It's going very good, thank you. How popular is the wheel tonight? 329 00:15:10,960 --> 00:15:12,920 I'd say 80% of orders. 330 00:15:12,920 --> 00:15:17,280 80%? Yeah. People come for the cheese wheel experience, I think. 331 00:15:17,280 --> 00:15:18,520 Thank you very much. 332 00:15:21,760 --> 00:15:24,800 Oh! What flavour. 333 00:15:24,800 --> 00:15:27,280 So well integrated. It's beautiful. 334 00:15:27,280 --> 00:15:28,880 Now, if you'll excuse me... 335 00:15:30,840 --> 00:15:32,480 Fettuccine straight in, Chef. 336 00:15:34,360 --> 00:15:37,040 Fettuccine Alfredo, pancetta, sauteed mushroom. 337 00:15:38,440 --> 00:15:40,680 OK, two fettuccine ready to go. 338 00:15:40,680 --> 00:15:42,480 Graham, thank you very much. Thank you. 339 00:15:42,480 --> 00:15:45,280 See you later. Two fettuccines coming up right away. 340 00:15:45,280 --> 00:15:47,520 They're done, ready to go. 341 00:15:47,520 --> 00:15:49,120 We've got no more cream left. 342 00:15:51,200 --> 00:15:53,640 OK. Well, that means Alfredo is off the menu. 343 00:15:53,640 --> 00:15:56,200 Yeah. Let's have a look. 344 00:15:56,200 --> 00:15:58,320 What's going on? What's happened? 345 00:15:58,320 --> 00:16:00,120 We've run out of white wine cream, 346 00:16:00,120 --> 00:16:02,880 cos we've been so busy with the fettuccine. 347 00:16:02,880 --> 00:16:04,360 SHE SIGHS 348 00:16:09,480 --> 00:16:11,600 Backs, backs, backs. 349 00:16:11,600 --> 00:16:12,720 In Hollings... 350 00:16:12,720 --> 00:16:14,160 Venison, mac'n'cheese. 351 00:16:14,160 --> 00:16:16,280 No messing about. Straight in. 352 00:16:16,280 --> 00:16:19,240 ..the menu is proving popular... 353 00:16:19,240 --> 00:16:22,080 So, two hummus, three carpaccio, yeah? Yes, Chef. 354 00:16:22,080 --> 00:16:23,440 BLEEP hell. 355 00:16:23,440 --> 00:16:26,560 It's BLEEP hard. It needs to be a lot easier than this. 356 00:16:26,560 --> 00:16:28,800 ..but 45 minutes into service, 357 00:16:28,800 --> 00:16:30,880 no mains have left the kitchen. 358 00:16:32,120 --> 00:16:34,000 How's everything going so far? 359 00:16:34,000 --> 00:16:35,720 I know we haven't had anything to eat yet. 360 00:16:35,720 --> 00:16:38,560 It's on the way. It's going to be worth the wait. 361 00:16:38,560 --> 00:16:40,760 Your food is about seconds away, I believe. 362 00:16:40,760 --> 00:16:43,440 I mean, it's first day, so it's always going to a bit ropey. 363 00:16:43,440 --> 00:16:46,600 Give me a lemon wedge... Lemon? Lemon wedges... 364 00:16:46,600 --> 00:16:48,760 What we didn't have time to do is go through the flow 365 00:16:48,760 --> 00:16:50,120 and where everything works. 366 00:16:50,120 --> 00:16:52,000 So we're running down doing 15 miles' walking, 367 00:16:52,000 --> 00:16:53,600 probably, that we don't need to. 368 00:16:55,480 --> 00:16:56,600 How are you, guys? 369 00:16:56,600 --> 00:16:58,920 Can I sit you at the bar, is that all right? Just yourself? 370 00:16:58,920 --> 00:17:00,640 Just me, yeah. Yeah, lovely. Thank you. 371 00:17:00,640 --> 00:17:03,480 How are you, Chef? Hold on, BLEEP me. Chef? Sorry. How's it going? 372 00:17:03,480 --> 00:17:05,640 Table three... What's that? How's it going? 373 00:17:05,640 --> 00:17:06,960 Oh, good. Thank you. Yeah... 374 00:17:06,960 --> 00:17:09,480 Sorry, table three. Mac, fish and chips. 375 00:17:09,480 --> 00:17:12,120 That's the first main course out. 376 00:17:12,120 --> 00:17:14,520 Quarter to eight, that's all right. That's all right. 377 00:17:14,520 --> 00:17:17,160 Your wine's here for you. Thank you. 378 00:17:17,160 --> 00:17:19,240 There's a lovely atmosphere here in Hollings. 379 00:17:19,240 --> 00:17:23,440 I really like it. Behind the scenes, though, it's manic. 380 00:17:23,440 --> 00:17:26,560 Check on, one carpaccio, one smoked salmon, one venison. 381 00:17:26,560 --> 00:17:29,600 One chicken. Will, you got truffle on this mac? 382 00:17:29,600 --> 00:17:32,080 Yeah. So, give me two salmon now. 383 00:17:32,080 --> 00:17:33,760 I'm going to do three carpaccio. 384 00:17:33,760 --> 00:17:36,520 Hello, lovely people. How are you doing? Very well, thank you. 385 00:17:36,520 --> 00:17:38,240 BLEEP hell, do I have to do everything? 386 00:17:38,240 --> 00:17:39,600 Will, we're on starters next. 387 00:17:39,600 --> 00:17:42,280 Sorry, Chef, coming up. Starters, starters. So we double up here. 388 00:17:42,280 --> 00:17:44,280 Two mac, two steak, one venison... Yeah. 389 00:17:44,280 --> 00:17:47,200 ..and then we'll go that as well, same time, yeah? Yes, Chef. 390 00:17:48,520 --> 00:17:52,040 That's a little nibble, Fred, while you're waiting. Thank you very much. 391 00:17:52,040 --> 00:17:54,640 A little crispy lamb belly and a sweetcorn fritter. 392 00:17:54,640 --> 00:17:57,160 Right, jus, steaks, chips... 393 00:17:58,520 --> 00:18:00,080 I'm just waiting for my main course, 394 00:18:00,080 --> 00:18:02,960 but the chef is very kind and sent me these little things to nibble on. 395 00:18:02,960 --> 00:18:05,360 This is really good. Really class. 396 00:18:07,600 --> 00:18:08,840 Hi, guys. Hiya. 397 00:18:08,840 --> 00:18:11,480 Just to let you know, the fettuccine that you've ordered, 398 00:18:11,480 --> 00:18:13,400 we are out of the cream white wine sauce. 399 00:18:13,400 --> 00:18:15,920 OK. So it will be done with a mushroom sauce. 400 00:18:15,920 --> 00:18:17,600 With customers still ordering, 401 00:18:17,600 --> 00:18:20,720 Graham has had to improvise a new dish for The Cheese Wheel. 402 00:18:20,720 --> 00:18:23,960 We've sold, like, I'd say 80 to 90% fettuccine tonight. 403 00:18:23,960 --> 00:18:25,160 Hiya, ladies. 404 00:18:25,160 --> 00:18:27,600 I'm sure you've heard about the problem 405 00:18:27,600 --> 00:18:30,040 with the cream sauce in the fettuccine. 406 00:18:30,040 --> 00:18:32,280 Just apologise to the customers 407 00:18:32,280 --> 00:18:35,320 and change the sauce to our mushroom cream, 408 00:18:35,320 --> 00:18:37,720 and just finish off the night on a high note. 409 00:18:43,720 --> 00:18:45,640 Let's try that one, because we've got it, yeah? 410 00:18:45,640 --> 00:18:48,000 Yes, Chef. I'm going to give you a venison and a venison. 411 00:18:48,000 --> 00:18:49,640 That's table two gone, yeah, Chef? 412 00:18:49,640 --> 00:18:53,040 In Hollings, Ronnie and James have got service back on track. 413 00:18:54,120 --> 00:18:55,520 Hello, lovely people. 414 00:18:55,520 --> 00:18:58,000 Chips coming up for that steak right now. 415 00:18:59,280 --> 00:19:02,200 My dad once told me that if you know how to drive, you can drive any car. 416 00:19:02,200 --> 00:19:03,840 Well, it's the same for a restaurant. 417 00:19:03,840 --> 00:19:06,120 It doesn't matter whether it's your first night or not 418 00:19:06,120 --> 00:19:07,880 or whether you know the restaurant or not. 419 00:19:07,880 --> 00:19:10,480 If you know how to do it, then you know how to do it. These guys know. 420 00:19:10,480 --> 00:19:12,440 How is everything? Worth the wait? 421 00:19:12,440 --> 00:19:14,200 Oh, look at that bad boy. 422 00:19:15,400 --> 00:19:17,040 The service was great. 423 00:19:17,040 --> 00:19:18,840 The food was delicious. 424 00:19:18,840 --> 00:19:22,120 Even, like, where we lived in a small town, it would work. 425 00:19:22,120 --> 00:19:23,640 Last check. 426 00:19:23,640 --> 00:19:25,160 Done. Done. 427 00:19:40,920 --> 00:19:42,400 Big day today. Yes, Chef. 428 00:19:42,400 --> 00:19:44,520 It's only a few people, but nonetheless, 429 00:19:44,520 --> 00:19:46,920 possibly the most important people of the week. 430 00:19:46,920 --> 00:19:50,120 Got about an hour and a half till service. No problem. 431 00:19:50,120 --> 00:19:53,120 Last night's service put both kitchens to the test. 432 00:19:53,120 --> 00:19:57,880 Today, the investors expect a lunch par excellence. 433 00:19:57,880 --> 00:20:00,280 Their first impression of each business 434 00:20:00,280 --> 00:20:02,320 is all about the food on the plate. 435 00:20:02,320 --> 00:20:05,400 They must get it right if they are to stay in the game. 436 00:20:05,400 --> 00:20:08,440 Over the next two days, the investors will test the restaurants 437 00:20:08,440 --> 00:20:11,000 on their service and business plans - 438 00:20:11,000 --> 00:20:14,320 but today's private lunch is all about the food. 439 00:20:14,320 --> 00:20:18,360 Ronnie's trying to treat it as just another day at the office. 440 00:20:18,360 --> 00:20:20,800 I think certainly once you get in a kitchen, 441 00:20:20,800 --> 00:20:22,800 it's a fantastic friendly atmosphere. 442 00:20:22,800 --> 00:20:24,720 It can be a little bit, you know, hostile 443 00:20:24,720 --> 00:20:26,320 during the middle of service, 444 00:20:26,320 --> 00:20:28,800 but, you know, generally, everyone wants you to do well 445 00:20:28,800 --> 00:20:30,160 and everyone helps you out. 446 00:20:30,160 --> 00:20:32,160 So I think that's probably taught me a lot. 447 00:20:32,160 --> 00:20:34,960 I think sometimes it has been a little bit of a struggle, 448 00:20:34,960 --> 00:20:37,240 having a disability. I was a classic victim, you know. 449 00:20:37,240 --> 00:20:38,320 I'm in the supermarket 450 00:20:38,320 --> 00:20:40,160 and they say, "Do you want to pack your bags?" 451 00:20:40,160 --> 00:20:41,440 It's nothing to do with my arm, 452 00:20:41,440 --> 00:20:42,920 it's cos they want to pack your bags. 453 00:20:42,920 --> 00:20:44,880 Five years ago I'd have gone, "No, I'm all right, 454 00:20:44,880 --> 00:20:46,000 "I can pack my own bags." 455 00:20:46,000 --> 00:20:48,040 My parents were great in bringing me up 456 00:20:48,040 --> 00:20:49,920 and taught me to be very independent. 457 00:20:49,920 --> 00:20:52,840 So I think sometimes people are just genuinely being nice 458 00:20:52,840 --> 00:20:55,360 and you take it a little bit the wrong way. 459 00:20:55,360 --> 00:20:58,040 Morning. Morning. How are you, guys? Very good, how are you? 460 00:20:58,040 --> 00:21:00,160 Very good, thank you. Are you ready for lunch? 461 00:21:00,160 --> 00:21:02,440 Yeah. Good. You had a good soft launch yesterday, 462 00:21:02,440 --> 00:21:03,800 but today's all about the food. 463 00:21:03,800 --> 00:21:05,400 The food has to be perfect. 464 00:21:05,400 --> 00:21:07,040 Yeah. There's no room for error. 465 00:21:07,040 --> 00:21:10,560 It's a little bit daunting, but I've got belief in the brand, 466 00:21:10,560 --> 00:21:13,760 belief in the product - and I think the only thing we can do now 467 00:21:13,760 --> 00:21:16,480 is do the job right, and then if we walk away without it, 468 00:21:16,480 --> 00:21:18,240 at least you can turn round to yourself 469 00:21:18,240 --> 00:21:19,760 and say you've done your best. 470 00:21:19,760 --> 00:21:21,640 Can you make them fall in love with Hollings? 471 00:21:21,640 --> 00:21:24,960 Absolutely. Yeah. I hope so. Well, good luck, guys. 472 00:21:24,960 --> 00:21:26,360 Thank you. See you later. 473 00:21:26,360 --> 00:21:28,400 Cheers. Right, rock and roll, man. 474 00:21:28,400 --> 00:21:30,920 A little pick-me-up Negroni before service. Nice! 475 00:21:34,080 --> 00:21:35,440 That's the one, mate. 476 00:21:37,680 --> 00:21:40,560 Hollings is hosting Darrel Connell of Imbiba, 477 00:21:40,560 --> 00:21:43,720 and partners Fraser Bradshaw and Simon Wheeler. 478 00:21:43,720 --> 00:21:47,600 They've invested over £50 million in hospitality start-ups. 479 00:21:47,600 --> 00:21:49,520 When we first saw Hollings, 480 00:21:49,520 --> 00:21:51,920 the thing that really stood out was the pedigree 481 00:21:51,920 --> 00:21:53,960 and the quality of James and Ronnie. 482 00:21:53,960 --> 00:21:56,600 Proven operators who've been doing it for years, 483 00:21:56,600 --> 00:21:59,000 who want to take that big leap and go it alone. 484 00:21:59,000 --> 00:22:01,200 We have no qualms about making an investment 485 00:22:01,200 --> 00:22:04,280 of between half a million and £1 million initially in Hollings, 486 00:22:04,280 --> 00:22:07,640 but with a view then to putting a further £5 million into Hollings. 487 00:22:07,640 --> 00:22:09,400 What I'm really looking forward to seeing 488 00:22:09,400 --> 00:22:11,360 is, have the guys got the appetite for that? 489 00:22:11,360 --> 00:22:13,840 Do they want to build Hollings into a great British business? 490 00:22:13,840 --> 00:22:15,920 Are these guys money-makers? 491 00:22:19,520 --> 00:22:21,680 Imbiba face competition - 492 00:22:21,680 --> 00:22:24,480 Michelin-starred restauranteur Atul Kochhar, 493 00:22:24,480 --> 00:22:27,880 who's looking to expand his UK restaurant portfolio. 494 00:22:27,880 --> 00:22:30,560 Finding new ideas is always exciting 495 00:22:30,560 --> 00:22:34,040 because it kind of connects you to the future, what's coming next. 496 00:22:34,040 --> 00:22:37,200 I always look at ideas in different ways. 497 00:22:37,200 --> 00:22:39,840 It's just not whether the financial sense is there or not, 498 00:22:39,840 --> 00:22:42,360 but also whether we are working with the right ethos or not, 499 00:22:42,360 --> 00:22:46,080 all that is very important to me - and people, their commitment. 500 00:22:46,080 --> 00:22:48,880 Whether they are really hard graft or not - 501 00:22:48,880 --> 00:22:50,760 and if that's not going to work out, 502 00:22:50,760 --> 00:22:52,880 then you might as well just don't make the investment. 503 00:22:55,560 --> 00:22:57,160 I'm quite excited about Hollings. 504 00:22:57,160 --> 00:23:01,200 I'm pretty much sold on the idea and I do hope that they fare well, 505 00:23:01,200 --> 00:23:05,320 to be honest, because it's almost like it's theirs to lose. 506 00:23:05,320 --> 00:23:07,880 I know Atul's expressed an interest in Hollings. 507 00:23:07,880 --> 00:23:10,240 If we have to go head-to-head, we have to go head-to-head. 508 00:23:15,200 --> 00:23:16,720 After you. 509 00:23:16,720 --> 00:23:18,640 Hello. Hello, hello. How are you doing? 510 00:23:18,640 --> 00:23:20,840 Welcome to Hollings. Darrel. James. Nice to meet you. 511 00:23:20,840 --> 00:23:23,320 Very nice to meet you. Hello there. How are you doing? Fraser. 512 00:23:23,320 --> 00:23:25,760 Fantastic. Want to take a seat? Thanks very much. Thank you. 513 00:23:25,760 --> 00:23:29,000 I'm sort of predominantly drinks and to start with some Tiny Tinis, 514 00:23:29,000 --> 00:23:31,520 little miniature versions of sort of longer drinks. 515 00:23:31,520 --> 00:23:33,480 There's your classic Negroni. 516 00:23:33,480 --> 00:23:35,320 There's a little bergamot Bellini. 517 00:23:35,320 --> 00:23:37,480 Then there's a Hepple gin martini. 518 00:23:38,760 --> 00:23:40,480 That's a nice idea that, actually. 519 00:23:40,480 --> 00:23:42,160 Canape drinks. Canape drinks, yeah. 520 00:23:42,160 --> 00:23:43,840 Definitely, I think so. 521 00:23:43,840 --> 00:23:47,240 On the menu today, 26 different items, 522 00:23:47,240 --> 00:23:51,400 from smoked salmon to mac'n'cheese, to apple pie and custard. 523 00:23:51,400 --> 00:23:53,080 Gosh, there's quite... Quite a lot, yeah. 524 00:23:53,080 --> 00:23:54,520 ..extensive menu, isn't there? 525 00:23:54,520 --> 00:23:57,680 If you do a calculation across Tiny Tinis and across your snacks 526 00:23:57,680 --> 00:24:00,480 and starters and mains, and including wine, 527 00:24:00,480 --> 00:24:03,480 it ends up with a pretty strong spend per head. 528 00:24:03,480 --> 00:24:05,080 Yeah. A good £60. 529 00:24:05,080 --> 00:24:06,160 Yeah, a good £60. 530 00:24:07,200 --> 00:24:09,000 Gents, are we ready to order? 531 00:24:09,000 --> 00:24:12,280 Yeah. This is one of the biggest services of our lives. 532 00:24:12,280 --> 00:24:15,240 The easiest way to put it is a half a million pound service, isn't it? 533 00:24:15,240 --> 00:24:17,960 We are going to have one of all of the starters 534 00:24:17,960 --> 00:24:20,240 and then just share it round. So, one of every starter? 535 00:24:20,240 --> 00:24:22,240 Yeah. And mains? 536 00:24:22,240 --> 00:24:24,320 Let's have all six main courses. 537 00:24:24,320 --> 00:24:27,880 Fantastic. They are going to have one of each starter. Yeah. 538 00:24:27,880 --> 00:24:29,520 And one of each main. Yeah. 539 00:24:29,520 --> 00:24:31,800 And then just a selection of sides, whatever you like. 540 00:24:31,800 --> 00:24:34,200 So, the lot, yeah? Everything. Let's do the lot. 541 00:24:34,200 --> 00:24:36,600 Oui, Chef. Will. 542 00:24:36,600 --> 00:24:37,880 Check on. Yes, Chef. 543 00:24:37,880 --> 00:24:39,760 The whole menu. Yeah? 544 00:24:39,760 --> 00:24:41,640 Get busy. Fantastic. 545 00:24:44,280 --> 00:24:46,560 Looking good, Chef. Looking good. 546 00:24:46,560 --> 00:24:47,840 In The Cheese Wheel, 547 00:24:47,840 --> 00:24:50,280 Graham's making sure everything is perfect 548 00:24:50,280 --> 00:24:52,280 for today's make-or-break lunch. 549 00:24:52,280 --> 00:24:54,520 A little bit nervous, but definitely on track. 550 00:24:58,960 --> 00:25:02,080 Graham's one shot at investment is Jeremy Roberts, 551 00:25:02,080 --> 00:25:04,720 CEO of Living Ventures. 552 00:25:04,720 --> 00:25:08,640 He runs a string of over 40 bars and restaurants. 553 00:25:08,640 --> 00:25:11,320 I think the two main things from a pure investment point of view 554 00:25:11,320 --> 00:25:13,720 are customer acceptability - 555 00:25:13,720 --> 00:25:16,880 Italian food has almost become a default British food. 556 00:25:16,880 --> 00:25:18,120 We all understand it. 557 00:25:18,120 --> 00:25:21,320 Second thing is, the profitability side of The Cheese Wheel offer 558 00:25:21,320 --> 00:25:23,360 should be really positive. 559 00:25:23,360 --> 00:25:25,240 Pasta isn't very expensive - 560 00:25:25,240 --> 00:25:27,560 but if in The Cheese Wheel, it's the only thing it's got, 561 00:25:27,560 --> 00:25:29,200 then I would be slightly concerned, 562 00:25:29,200 --> 00:25:32,840 so we need to see what the breadth of the offer is. 563 00:25:37,880 --> 00:25:41,000 Hello. Hello. Lovely to meet you. My name's Graham. 564 00:25:41,000 --> 00:25:43,600 Nice to meet you, Graham. This is our famous cheese wheel. 565 00:25:43,600 --> 00:25:46,160 I've heard a lot about it. Come and have a look. Yeah. 566 00:25:46,160 --> 00:25:49,560 So, this is our aged, 40 kilo Grana Padano wheel - 567 00:25:49,560 --> 00:25:51,240 and our speciality in Camden Market 568 00:25:51,240 --> 00:25:53,080 is actually making a fettuccine Alfredo. 569 00:25:53,080 --> 00:25:54,720 So, what do you recommend, Graham? 570 00:25:54,720 --> 00:25:57,520 Our signature dish is something I'd really like for you to try first. 571 00:25:57,520 --> 00:25:58,760 Got to try that. 572 00:25:58,760 --> 00:26:00,880 Before he can use the cheese wheel each day... 573 00:26:00,880 --> 00:26:02,520 So I need to stand back? 574 00:26:02,520 --> 00:26:04,800 ..it has to be sterilised with brandy. 575 00:26:04,800 --> 00:26:07,120 So, this is not integral to the flavour of the dish... 576 00:26:07,120 --> 00:26:08,320 No. ..in any way. 577 00:26:08,320 --> 00:26:11,840 It's just a question of sanitising the surface, yeah? Exactly. 578 00:26:11,840 --> 00:26:13,000 Cool. Yeah, sure. 579 00:26:14,120 --> 00:26:15,920 Just try it. Yes. 580 00:26:15,920 --> 00:26:17,760 Happy? Yes. Nice bite, yeah? 581 00:26:19,640 --> 00:26:21,880 Good? I think you're going to like it! 582 00:26:21,880 --> 00:26:23,160 THEY LAUGH 583 00:26:23,160 --> 00:26:24,440 OK. 584 00:26:24,440 --> 00:26:26,320 This is our fettuccine Alfredo. Yes. 585 00:26:27,600 --> 00:26:29,800 This is where the magic happens. 586 00:26:29,800 --> 00:26:31,920 That goes straight on there? Yeah, so we... 587 00:26:31,920 --> 00:26:34,240 Not going to...? ..poke it around. 588 00:26:34,240 --> 00:26:36,240 Presumably you've burnt off all the alcohol, 589 00:26:36,240 --> 00:26:38,320 so they don't get any flavour? Yeah. 590 00:26:38,320 --> 00:26:40,760 It certainly gets the taste buds going. Yeah. 591 00:26:43,480 --> 00:26:44,960 Try and do this elegantly. 592 00:26:44,960 --> 00:26:46,640 HE LAUGHS 593 00:26:48,840 --> 00:26:50,440 Thank you. 594 00:26:58,160 --> 00:27:00,960 Yeah. It's just picking up the... Some of the alcohol. 595 00:27:00,960 --> 00:27:03,640 I was worried about that, because we had a bit of a dip there. 596 00:27:03,640 --> 00:27:06,800 Mm...but, yeah, OK. 597 00:27:14,280 --> 00:27:16,080 A minute on the soup, Chef? 598 00:27:16,080 --> 00:27:17,240 Perfect. 599 00:27:19,640 --> 00:27:21,360 So, here you have the onion dish 600 00:27:21,360 --> 00:27:23,760 and you also have the beef rump carpaccio, as well. 601 00:27:23,760 --> 00:27:25,240 Sounds good. Thank you. 602 00:27:38,120 --> 00:27:40,520 He's looking at me funny, cos I'm looking at him funny. 603 00:27:40,520 --> 00:27:42,240 HE LAUGHS 604 00:27:47,320 --> 00:27:48,760 Brilliantly prepared, isn't it? 605 00:27:48,760 --> 00:27:50,920 Actually, I don't know if I've got enough Parmesan. 606 00:27:50,920 --> 00:27:53,840 It's absolutely delicious. Absolutely delicious. 607 00:27:55,040 --> 00:27:57,280 There's smiles and empty plates and empty glasses. 608 00:27:57,280 --> 00:27:59,960 I hope they're in for the marathon, because there's a lot to go 609 00:27:59,960 --> 00:28:02,560 if they're going to have one of everything. There's a lot to go! 610 00:28:02,560 --> 00:28:03,960 HE LAUGHS 611 00:28:03,960 --> 00:28:05,360 Beautifully balanced. 612 00:28:05,360 --> 00:28:07,080 Every element speaks for itself. 613 00:28:08,320 --> 00:28:10,040 Chicken burger. 614 00:28:10,040 --> 00:28:11,560 Not just any chicken burger. 615 00:28:11,560 --> 00:28:12,920 A Hollings chicken burger. 616 00:28:12,920 --> 00:28:15,200 How's the food so far? All right? 617 00:28:15,200 --> 00:28:18,880 Very, very, very good. Just so broad and varied. Yeah. Yeah. 618 00:28:18,880 --> 00:28:20,960 ATUL: With your experience and your exposure, 619 00:28:20,960 --> 00:28:22,920 you could have found the finance anywhere. 620 00:28:22,920 --> 00:28:26,920 Why did you come for this? We came to this for a very good reason. 621 00:28:26,920 --> 00:28:30,400 So, James and I have done lots of things, lots of outside events, 622 00:28:30,400 --> 00:28:34,440 I've got my own business doing pop-ups and consulting. 623 00:28:34,440 --> 00:28:36,760 What we need is some help, some guidance, some advice. 624 00:28:36,760 --> 00:28:40,680 Will you focus 100% on Hollings if you get some capital...? 625 00:28:40,680 --> 00:28:42,160 The honest answer is no. 626 00:28:45,400 --> 00:28:47,360 I'll have some other stuff on the go, 627 00:28:47,360 --> 00:28:49,120 because that's the way I operate best. 628 00:28:49,120 --> 00:28:51,120 If I focus 100% on one thing, 629 00:28:51,120 --> 00:28:54,320 I've found out in the past I get too emotional, 630 00:28:54,320 --> 00:28:57,080 too attached and not objective enough. 631 00:28:58,600 --> 00:29:00,200 Anyway, I'll let you get back... 632 00:29:00,200 --> 00:29:03,440 Thank you. Otherwise we'll be here till three o'clock in the morning. 633 00:29:06,400 --> 00:29:10,080 He'll be in the kitchen thinking, "I wish I'd never said that." 634 00:29:10,080 --> 00:29:12,240 I hope it don't go against us, but I've got to be honest, 635 00:29:12,240 --> 00:29:13,640 I said I ain't going to be 100%... 636 00:29:13,640 --> 00:29:15,320 I heard you. That's bang on. We know that. 637 00:29:15,320 --> 00:29:17,840 We've said that all along. We've had that conversation anyway. 638 00:29:20,080 --> 00:29:22,560 There's two here. This is the one you're cooking. 639 00:29:22,560 --> 00:29:25,240 A little bit extra in there, just in case you need it. 640 00:29:25,240 --> 00:29:26,640 In The Cheese Wheel... 641 00:29:28,400 --> 00:29:30,120 Lovely clams. 642 00:29:30,120 --> 00:29:33,680 ..Jeremy's second dish is Graham's new squid ink spaghetti. 643 00:29:37,640 --> 00:29:39,480 Looks great. 644 00:29:39,480 --> 00:29:40,800 Enjoy. 645 00:29:45,160 --> 00:29:48,360 Mm. Yeah, that's really good. Do you like it? 646 00:29:48,360 --> 00:29:50,320 Yeah. Oh, wonderful. 647 00:29:50,320 --> 00:29:53,440 He clearly is talented, in terms of his ability to cook. 648 00:29:53,440 --> 00:29:57,160 The main course dishes that I've tried today have been fantastic. 649 00:29:57,160 --> 00:29:59,120 Yeah. At the moment, my slight issue 650 00:29:59,120 --> 00:30:01,880 is they are probably better than the signature dish. 651 00:30:01,880 --> 00:30:03,720 Which is a bit of a concern, but... 652 00:30:03,720 --> 00:30:05,440 Thanks very much. Hope you enjoyed it. 653 00:30:05,440 --> 00:30:07,160 Pleasure to meet you, Jeremy. And you. 654 00:30:07,160 --> 00:30:10,400 Feeling quite relieved that that part of the service is over. 655 00:30:10,400 --> 00:30:13,800 In an ideal world, Jeremy would come back tomorrow 656 00:30:13,800 --> 00:30:15,480 and taste the dish for what it is 657 00:30:15,480 --> 00:30:18,280 without a bit of brandy flavour coming through. 658 00:30:20,000 --> 00:30:22,720 I mean, it is a crowded market, the Italian market. 659 00:30:22,720 --> 00:30:26,160 The cheese wheel, front and centre, is THE thing about this. 660 00:30:26,160 --> 00:30:28,400 If it is going to be their unique selling point, 661 00:30:28,400 --> 00:30:32,240 they need to make more of it and it needs to be the star of the show. 662 00:30:32,240 --> 00:30:36,360 Even though that version of the signature dish I tried today 663 00:30:36,360 --> 00:30:40,240 didn't quite come off, I'm really keen to try it again, 664 00:30:40,240 --> 00:30:42,760 because conceptually, it should work - 665 00:30:42,760 --> 00:30:45,880 and clearly, in Camden, it is working really well. 666 00:30:47,880 --> 00:30:49,800 Great meal, all in all. Yeah. 667 00:30:49,800 --> 00:30:51,920 I really... Shame about the company, but... 668 00:30:51,920 --> 00:30:53,800 THEY LAUGH 669 00:30:53,800 --> 00:30:55,040 Thanks, Atul. 670 00:30:56,840 --> 00:30:59,080 There is absolutely no doubt to us in Imbiba 671 00:30:59,080 --> 00:31:00,360 that Ronnie is a great chef 672 00:31:00,360 --> 00:31:03,960 and that James is a great host and a great drinks guy. 673 00:31:03,960 --> 00:31:06,840 The big question is, are they businesspeople? 674 00:31:06,840 --> 00:31:09,320 What an amazing meal. Thank you so much. 675 00:31:09,320 --> 00:31:11,240 He is such a great chef. 676 00:31:11,240 --> 00:31:12,600 The service was charming, 677 00:31:12,600 --> 00:31:15,040 and the hospitality was just perfect. 678 00:31:15,040 --> 00:31:17,840 One thing worries me. Ronnie, while talking to us, 679 00:31:17,840 --> 00:31:20,560 mentioned that he will have other things on the go. 680 00:31:20,560 --> 00:31:22,200 I'm not that kind of investor. 681 00:31:22,200 --> 00:31:23,960 Others might be OK, I'm not. 682 00:31:25,280 --> 00:31:28,280 How did it go? Very, very good. Very good. 683 00:31:28,280 --> 00:31:30,880 Did they fall in love with Hollings? Yeah, I think so. 684 00:31:30,880 --> 00:31:33,160 But you do realise that if you go with it, 685 00:31:33,160 --> 00:31:36,000 they just want your full, undivided attention on that project. 686 00:31:36,000 --> 00:31:37,600 You have a lot of projects going on. 687 00:31:37,600 --> 00:31:40,360 I mean, are you ready to give them up? Just for Hollings? 688 00:31:40,360 --> 00:31:42,600 Let's be clear, if we opened Hollings, from day one, 689 00:31:42,600 --> 00:31:44,480 first six months, we are going to own that... 690 00:31:44,480 --> 00:31:47,120 Yeah. ..but I don't think we're going to give up the other stuff. 691 00:31:47,120 --> 00:31:49,040 But do you think they'll be prepared to give you 692 00:31:49,040 --> 00:31:50,720 half a million pounds, a million pounds, 693 00:31:50,720 --> 00:31:52,560 if you're juggling other responsibilities? 694 00:31:52,560 --> 00:31:54,080 We've said right from the beginning 695 00:31:54,080 --> 00:31:55,680 that it's about the right partnership 696 00:31:55,680 --> 00:31:57,880 and the right investment. It's got to work all-round. 697 00:31:57,880 --> 00:32:01,560 Right. OK. Well, good luck in your financial meetings later on. 698 00:32:01,560 --> 00:32:03,640 Thank you very much. It's going to be interesting. 699 00:32:03,640 --> 00:32:05,880 See you later, guys. Thank you. Cheers, Fred. 700 00:32:14,560 --> 00:32:18,560 Tomorrow lunchtime, the pressure in the restaurant increases. 701 00:32:18,560 --> 00:32:21,080 The investors will get to see how well they cope 702 00:32:21,080 --> 00:32:23,240 when they're full of paying customers... 703 00:32:23,240 --> 00:32:25,960 Thank you. Couldn't have done it without you, boys. 704 00:32:25,960 --> 00:32:28,320 ..but today isn't over. 705 00:32:28,320 --> 00:32:31,800 Graham and Ronnie and James still face private meetings 706 00:32:31,800 --> 00:32:33,080 with the investors 707 00:32:33,080 --> 00:32:36,520 to talk through their financial strategy for the business. 708 00:32:36,520 --> 00:32:38,280 Hollings are first. 709 00:32:38,280 --> 00:32:40,320 I've seen many business plans in my time, 710 00:32:40,320 --> 00:32:41,960 but this one clearly lacks detail, 711 00:32:41,960 --> 00:32:44,080 especially around the numbers. 712 00:32:44,080 --> 00:32:46,000 James and Ronnie are predicting 713 00:32:46,000 --> 00:32:48,560 half a million pounds turnover in year one - 714 00:32:48,560 --> 00:32:52,600 but a restaurant like that should take double that. £1 million. 715 00:32:52,600 --> 00:32:56,680 They have to show that they can run a business as well as a kitchen. 716 00:32:56,680 --> 00:32:58,360 As they're in competition, 717 00:32:58,360 --> 00:33:01,240 each investor will have an hour alone with James and Ronnie. 718 00:33:02,280 --> 00:33:04,960 The financial side of the bar and restaurant business 719 00:33:04,960 --> 00:33:06,040 is the less sexy bit. 720 00:33:06,040 --> 00:33:08,800 You know, the great cocktails, the delicious steaks, 721 00:33:08,800 --> 00:33:11,240 that's all the stuff everyone wants to talk about - 722 00:33:11,240 --> 00:33:13,960 but for us as investors, we need to understand 723 00:33:13,960 --> 00:33:17,040 that the people that we're backing take the numbers 724 00:33:17,040 --> 00:33:19,440 and the financial side of these businesses 725 00:33:19,440 --> 00:33:21,160 very, very, very seriously. 726 00:33:21,160 --> 00:33:24,320 Because without that, our money could evaporate very quickly. 727 00:33:24,320 --> 00:33:28,480 Hollings are asking for an investment of £200,000. 728 00:33:31,760 --> 00:33:34,120 How was your day? A long day for a four-cover lunch. 729 00:33:34,120 --> 00:33:35,240 THEY LAUGH 730 00:33:35,240 --> 00:33:38,240 Thank you so much for fantastic food and great service. 731 00:33:38,240 --> 00:33:39,480 Great. 732 00:33:41,840 --> 00:33:43,440 Numbers. Yeah, numbers. 733 00:33:43,440 --> 00:33:44,720 If I look at the numbers, 734 00:33:44,720 --> 00:33:48,720 the labour cost is sitting somewhere around 200,000. 735 00:33:48,720 --> 00:33:51,520 There's money in the budget for a head chef, a GM 736 00:33:51,520 --> 00:33:53,640 and then, obviously, bar and... 737 00:33:53,640 --> 00:33:56,520 How much are you paying? Because I don't have a breakdown of the wages. 738 00:33:56,520 --> 00:33:59,880 I would expect that you would need to find 40 to 45 grand 739 00:33:59,880 --> 00:34:02,680 for a head chef and somewhere similar for a GM. 740 00:34:02,680 --> 00:34:04,480 80 grand has gone. Yeah. 741 00:34:04,480 --> 00:34:08,480 So, what's left in the budget is 120. 742 00:34:08,480 --> 00:34:11,120 Yeah. Yeah. We can't get the rest of the staff in 120. 743 00:34:12,680 --> 00:34:15,240 What we haven't been is owners of a restaurant before, 744 00:34:15,240 --> 00:34:18,560 so it's based on the theory of other people's... OK. 745 00:34:18,560 --> 00:34:19,880 Other people's numbers. 746 00:34:23,880 --> 00:34:25,400 From a weekly sales perspective, 747 00:34:25,400 --> 00:34:27,400 I mean, just taking some headline numbers... 748 00:34:27,400 --> 00:34:29,720 Your expectations, 12, 12.5 grand a week. 749 00:34:29,720 --> 00:34:32,080 For us, looking at this and looking at the concept, 750 00:34:32,080 --> 00:34:34,800 we need to generate a 25, 30 grand a week. 751 00:34:36,560 --> 00:34:38,960 We understand that at the end of the day, 752 00:34:38,960 --> 00:34:43,280 you need to cover your opening costs and turn a profit. 753 00:34:43,280 --> 00:34:47,240 The bits in between certainly need some help, support and some work. 754 00:34:47,240 --> 00:34:49,040 Who prepared the spreadsheet? 755 00:34:49,040 --> 00:34:52,920 Predominantly myself, and then we went through it together. 756 00:34:52,920 --> 00:34:56,480 I guess the slight surprise was it didn't add up, 757 00:34:56,480 --> 00:34:58,440 unless we've missed something. 758 00:34:58,440 --> 00:35:00,640 It still doesn't look like it does. 759 00:35:00,640 --> 00:35:05,000 I'm concerned about the business plan they presented to us 760 00:35:05,000 --> 00:35:07,760 and the inaccuracies in that plan. 761 00:35:07,760 --> 00:35:10,560 There wasn't the diligence to check them, 762 00:35:10,560 --> 00:35:13,680 and I would have thought, in a meeting like this 763 00:35:13,680 --> 00:35:17,160 that they would have gone through those numbers very, very carefully. 764 00:35:19,240 --> 00:35:22,320 Now, let's take a step back away from numbers. 765 00:35:22,320 --> 00:35:24,320 Imagine the restaurant is ready. 766 00:35:24,320 --> 00:35:28,600 I have invested. Initially, you will fulfil the head chef role...? 767 00:35:28,600 --> 00:35:30,680 No, I'd like to go in with a head chef... 768 00:35:30,680 --> 00:35:33,800 Mentor a head chef. How much time you guys will spend on...? 769 00:35:33,800 --> 00:35:38,440 I see us getting our hands dirty for the first six months, I'd imagine. 770 00:35:38,440 --> 00:35:40,640 Until this is... Until it's up and running 771 00:35:40,640 --> 00:35:42,400 and where we need it to get to. 772 00:35:42,400 --> 00:35:45,480 I'm glad you know that and you understand that. 773 00:35:46,880 --> 00:35:49,040 That's what I wanted to hear from him today, 774 00:35:49,040 --> 00:35:51,760 and he exactly commented - he said, "If it takes six months, 775 00:35:51,760 --> 00:35:53,880 "I'll be there for six months, or maybe more." 776 00:35:53,880 --> 00:35:56,680 I was a bit confused about you guys, I have to say that. 777 00:35:56,680 --> 00:35:59,000 Ronnie has got an edgy personality, no doubt about it, 778 00:35:59,000 --> 00:36:01,560 but I think it's a good edgy personality. 779 00:36:01,560 --> 00:36:03,680 I'm warming up to him now. 780 00:36:03,680 --> 00:36:08,560 He's confident, he knows his product well, and I think he can be trained. 781 00:36:08,560 --> 00:36:12,360 For you, Ronnie, especially, being a chef and a very confident chef, 782 00:36:12,360 --> 00:36:14,960 I felt you were a little arrogant, but you are not. 783 00:36:14,960 --> 00:36:18,240 I was wrong. I read you wrong. Thanks. 784 00:36:18,240 --> 00:36:20,080 I don't know where he got his opinion from. 785 00:36:20,080 --> 00:36:21,480 What you see is what you get. 786 00:36:21,480 --> 00:36:23,440 I haven't changed my style in ten years. 787 00:36:23,440 --> 00:36:25,280 I don't know where he gets that from. 788 00:36:25,280 --> 00:36:26,440 It was unjust. 789 00:36:27,840 --> 00:36:29,240 At the end of the meeting, 790 00:36:29,240 --> 00:36:32,280 the investors can choose to spell out the offer they'll make, 791 00:36:32,280 --> 00:36:36,400 if - and only if - they decide to invest tomorrow. 792 00:36:36,400 --> 00:36:39,480 From finding the site and fitting it out, 793 00:36:39,480 --> 00:36:42,120 I envisage it will take us, easily, 794 00:36:42,120 --> 00:36:45,560 anything between half a million to £750,000. 795 00:36:45,560 --> 00:36:49,520 Yeah. We will be looking at putting up to £4 million, £5 million 796 00:36:49,520 --> 00:36:53,400 behind you, potentially, to scale the business into a brand. 797 00:36:53,400 --> 00:36:57,240 We're not single site investors, if that makes sense. 798 00:36:57,240 --> 00:36:59,960 Yeah. Over a three, four, five year period, 799 00:36:59,960 --> 00:37:02,440 let's open six, seven, eight sites. 800 00:37:02,440 --> 00:37:03,840 If everyone gets it right, 801 00:37:03,840 --> 00:37:06,480 there's a big pot of gold at the end of the rainbow. Yeah. 802 00:37:06,480 --> 00:37:09,320 We didn't expect that when we walked into that room, to be honest. 803 00:37:09,320 --> 00:37:12,760 We started with no restaurant, no food even being on a plate, 804 00:37:12,760 --> 00:37:14,880 and now we're talking about somebody putting in 805 00:37:14,880 --> 00:37:16,000 four, five million quid 806 00:37:16,000 --> 00:37:17,720 and having that belief in our product. 807 00:37:17,720 --> 00:37:19,440 You know, that's... Hold on a minute. 808 00:37:19,440 --> 00:37:22,440 Let's go back 48 hours. This is somewhat unbelievable. 809 00:37:23,680 --> 00:37:26,960 We're certainly going to tomorrow's service with an open mind. 810 00:37:26,960 --> 00:37:32,000 For me, it's not so much about how good, you know, the venison is. 811 00:37:32,000 --> 00:37:34,800 It's more about just spending some more time with the guys, 812 00:37:34,800 --> 00:37:37,760 just to see how they think, how they react to things. 813 00:37:37,760 --> 00:37:42,120 I want to get more confidence in them as commercial businesspeople. 814 00:37:49,240 --> 00:37:51,480 Now it's The Cheese Wheel's turn. 815 00:37:51,480 --> 00:37:54,960 Graham's looking for a £500,000 investment. 816 00:37:56,600 --> 00:37:58,400 He's very competent in the kitchen, 817 00:37:58,400 --> 00:38:01,040 but his aspiration is to be CEO of this business. 818 00:38:01,040 --> 00:38:05,520 So, he needs to convince me that he's capable of doing that. 819 00:38:10,880 --> 00:38:13,320 So, those dishes that I tried today, which were fantastic. 820 00:38:13,320 --> 00:38:16,800 Have you a feel for the gross profit on those are? 821 00:38:16,800 --> 00:38:20,440 We're looking at a food cost of around 22 to 24%, 822 00:38:20,440 --> 00:38:22,960 and, so that's why... 823 00:38:22,960 --> 00:38:26,320 I'm just slightly confused on your gross profit figure there. 824 00:38:27,640 --> 00:38:30,320 You mention 25% there? Yeah... 825 00:38:30,320 --> 00:38:32,480 But your model's talking about 35. 826 00:38:32,480 --> 00:38:33,840 35% food cost? 827 00:38:33,840 --> 00:38:35,720 Yeah. I've got my numbers wrong, 828 00:38:35,720 --> 00:38:38,960 because when we're operating it's definitely around... 829 00:38:38,960 --> 00:38:40,720 Big difference. 830 00:38:38,960 --> 00:38:40,720 HE LAUGHS 831 00:38:40,720 --> 00:38:42,120 It's a major difference. 832 00:38:42,120 --> 00:38:44,800 It may be my forecasting is not spot-on and correct 833 00:38:44,800 --> 00:38:47,520 but I can tell you what we're doing now and that is... 834 00:38:47,520 --> 00:38:50,240 We're looking at 27... 24 to 27%. 835 00:38:50,240 --> 00:38:52,560 OK, fine. That's what you're doing in Camden? 836 00:38:52,560 --> 00:38:55,960 Yeah. That makes a bit of sense. Yeah. So, going forward, 837 00:38:55,960 --> 00:38:59,360 we're looking at 65% gross profit. 838 00:38:59,360 --> 00:39:02,680 OK. Which is...OK... 839 00:39:02,680 --> 00:39:05,400 ..but it's not... Yeah, it's not... It's not ideal. 840 00:39:05,400 --> 00:39:08,960 The concept is one thing, but if I'm going to back him, 841 00:39:08,960 --> 00:39:10,800 then I need to be confident 842 00:39:10,800 --> 00:39:14,760 that he is going to be able to make that concept profitable. 843 00:39:14,760 --> 00:39:17,520 You were going to explain what this restaurant looks like. 844 00:39:17,520 --> 00:39:21,040 A floating sort of kitchen kiosk with people working in the middle 845 00:39:21,040 --> 00:39:22,800 and people sitting all around it. 846 00:39:22,800 --> 00:39:25,640 We'd like to try to bring more wheels in, too, 847 00:39:25,640 --> 00:39:29,640 so we can have more than just the fettuccine Alfredo onto the wheel. 848 00:39:29,640 --> 00:39:34,000 We've actually managed to source another cheese wheel for tomorrow. 849 00:39:34,000 --> 00:39:36,080 Adding an extra wheel in for tomorrow's service 850 00:39:36,080 --> 00:39:38,440 is a really good, positive move that he's made, there. 851 00:39:38,440 --> 00:39:40,360 He's recognised that unique selling point 852 00:39:40,360 --> 00:39:42,280 is something he needs to capitalise upon. 853 00:39:42,280 --> 00:39:46,560 Jeremy's got a view on what his potential offer could be. 854 00:39:46,560 --> 00:39:49,520 You are looking for an investment of 500,000? 855 00:39:49,520 --> 00:39:51,120 Yeah. To take you to that first stage. 856 00:39:51,120 --> 00:39:52,520 My conclusion at the moment 857 00:39:52,520 --> 00:39:55,160 is that it probably is going to cost a little bit more. 858 00:39:55,160 --> 00:39:58,160 Probably going to need potentially 600 or 700,000. OK. 859 00:39:59,560 --> 00:40:02,240 So, tomorrow, I'm keen to see how the second wheel 860 00:40:02,240 --> 00:40:04,680 can help that interaction with the customer, 861 00:40:04,680 --> 00:40:07,240 cos I think one is a little bit limiting. 862 00:40:07,240 --> 00:40:10,640 I'm keen to see if the team can cope with those dishes - 863 00:40:10,640 --> 00:40:15,200 and also, I think, I'm keen to see some of the reaction from customers. 864 00:40:15,200 --> 00:40:16,560 Good. 865 00:40:16,560 --> 00:40:17,800 Still feeling nervous. 866 00:40:17,800 --> 00:40:20,560 Have a lovely evening. Nice to see you. Cheers. Bye-bye. 867 00:40:20,560 --> 00:40:22,240 Jeremy is not giving anything away. 868 00:40:22,240 --> 00:40:24,720 So, definitely not walking out feeling confident - 869 00:40:24,720 --> 00:40:27,840 but definitely not walking out feeling like it's over. 870 00:40:27,840 --> 00:40:30,040 So it's, yeah, on the fence. 871 00:40:40,760 --> 00:40:43,040 Hollings and Cheese Wheel are in with a chance 872 00:40:43,040 --> 00:40:44,720 of a life-changing investment - 873 00:40:44,720 --> 00:40:48,000 but the investors have serious questions about both's ideas. 874 00:40:48,000 --> 00:40:50,040 We need to rock and roll those arancini faster. 875 00:40:50,040 --> 00:40:52,160 We need to finish the job like ten minutes ago. 876 00:40:52,160 --> 00:40:54,880 Today's final service for the paying public 877 00:40:54,880 --> 00:40:56,920 will be what makes up their mind. 878 00:40:56,920 --> 00:40:59,680 Right now, everything hangs in the balance. 879 00:40:59,680 --> 00:41:02,600 First table? About 12:30. 880 00:41:03,840 --> 00:41:06,440 They had a good lunch yesterday, we've had a good meeting, 881 00:41:06,440 --> 00:41:09,200 and now they want to see whether we can deliver the goods 882 00:41:09,200 --> 00:41:12,040 in a real environment. So, it's crucial that we're ready. 883 00:41:13,440 --> 00:41:14,680 Morning, guys. Morning. 884 00:41:14,680 --> 00:41:16,000 How are you? Good, yourself? 885 00:41:16,000 --> 00:41:19,200 Morning, Fred. So, are you ready for lunch? Yeah. Yeah. Boxed. 886 00:41:19,200 --> 00:41:22,280 The food's got to be good but operations also must be perfect. 887 00:41:22,280 --> 00:41:24,960 Hopefully it's going to be a great atmosphere today, 888 00:41:24,960 --> 00:41:27,520 and really soak up the whole Hollings experience. 889 00:41:27,520 --> 00:41:29,360 Well, good luck. Great, thank you. 890 00:41:29,360 --> 00:41:31,280 See you later. See you later. Cheers. 891 00:41:35,720 --> 00:41:37,880 So heavy. 40 kilo. 892 00:41:35,720 --> 00:41:37,880 HE LAUGHS 893 00:41:37,880 --> 00:41:39,680 This is the second cheese wheel now. 894 00:41:39,680 --> 00:41:41,400 So, you are going to see two up on the pass, 895 00:41:41,400 --> 00:41:42,600 is going to look fantastic. 896 00:41:42,600 --> 00:41:44,800 It's the first time for us to have two at the same time. 897 00:41:44,800 --> 00:41:47,800 Fully booked house. So, it's time for us to up our game, 898 00:41:47,800 --> 00:41:49,680 and have a good service. 899 00:41:49,680 --> 00:41:50,800 Voila. 900 00:41:53,360 --> 00:41:54,600 How are you, Graham? 901 00:41:54,600 --> 00:41:56,120 Hi, Fred. You OK? Very well. 902 00:41:56,120 --> 00:41:57,560 How are you? The same, thank you. 903 00:41:57,560 --> 00:41:59,440 I see you've got another cheese wheel here. 904 00:41:59,440 --> 00:42:01,640 Yes, we've decided to put two dishes on. Uh-huh? 905 00:42:01,640 --> 00:42:05,240 The mushroom rigatoni on here and the fettuccine Alfredo on there. 906 00:42:05,240 --> 00:42:07,720 It's very good you've done that, because this is your USP. 907 00:42:07,720 --> 00:42:09,720 Yeah. This is what Jeremy is looking for. 908 00:42:09,720 --> 00:42:12,240 He wants to see whether there is a restaurant idea here 909 00:42:12,240 --> 00:42:14,040 that can go around that cheese wheel. 910 00:42:14,040 --> 00:42:15,920 We're hoping he'll see something in it. 911 00:42:15,920 --> 00:42:17,440 OK, well, I wish you good luck. 912 00:42:17,440 --> 00:42:20,080 Thank you very much. See you later. OK, see you later. 913 00:42:21,120 --> 00:42:23,440 Ten minutes before service, the investors are back in. 914 00:42:23,440 --> 00:42:25,520 I think it's really clear that we want everyone 915 00:42:25,520 --> 00:42:27,200 to have the same Hollings experience. 916 00:42:27,200 --> 00:42:29,120 They're all VIP, James. All VIP. 917 00:42:35,240 --> 00:42:38,520 Some nice boiling water, there, for us. Yeah, it's almost up to temp. 918 00:42:39,840 --> 00:42:42,560 Graham and Ronnie and James are opening to the public 919 00:42:42,560 --> 00:42:43,760 for the last time. 920 00:42:44,760 --> 00:42:45,920 Afternoon, guys. 921 00:42:45,920 --> 00:42:47,960 How are you doing, are you well? Good, thank you. 922 00:42:47,960 --> 00:42:50,280 How are you today? Good, yeah. 923 00:42:50,280 --> 00:42:54,040 Today, the investors will watch the restaurants in full service. 924 00:42:54,040 --> 00:42:55,640 How was that, ladies? 925 00:42:55,640 --> 00:42:56,920 Excellent. All good? 926 00:42:59,680 --> 00:43:03,600 They'll expect to see a smooth operation and happy customers. 927 00:43:03,600 --> 00:43:07,760 He wants to move his product from a successful street food business 928 00:43:07,760 --> 00:43:10,040 into something with wider appeal. 929 00:43:10,040 --> 00:43:13,200 To do that, he needs to extend that menu. 930 00:43:13,200 --> 00:43:17,200 He's capable of that, as a chef, without doubt. 931 00:43:17,200 --> 00:43:21,280 Where I try and understand today is how he can translate that 932 00:43:21,280 --> 00:43:23,880 into The Cheese Wheel, which is his chosen vehicle. 933 00:43:23,880 --> 00:43:26,520 That connection is where I'm a little bit concerned, 934 00:43:26,520 --> 00:43:29,640 so it's going to be really interesting how that progresses. 935 00:43:29,640 --> 00:43:32,880 Nice fritters, William. Very nice fritters. 936 00:43:32,880 --> 00:43:35,040 It's far from a done deal, to be honest. 937 00:43:35,040 --> 00:43:37,320 I'm quite excited from yesterday's chat, 938 00:43:37,320 --> 00:43:40,640 and it'll help me to see them in action. 939 00:43:40,640 --> 00:43:44,040 The quality of what we consumed yesterday was super. 940 00:43:44,040 --> 00:43:46,280 The reality now around seeing them as a team 941 00:43:46,280 --> 00:43:48,280 that we could invest in and develop, 942 00:43:48,280 --> 00:43:50,800 it's led us to a lot of deliberation overnight. 943 00:43:50,800 --> 00:43:52,000 Anything is possible. 944 00:43:52,000 --> 00:43:54,200 We are prepared to invest another two hours of our time 945 00:43:54,200 --> 00:43:55,840 to go and spend some time with the guys. 946 00:43:55,840 --> 00:43:57,360 We have an open mind. 947 00:43:57,360 --> 00:44:00,480 If Atul and Imbiba both like what they see today, 948 00:44:00,480 --> 00:44:04,200 they will go head-to-head in a bidding war to sign Hollings. 949 00:44:04,200 --> 00:44:05,920 Hello. Hello, sir. How are you doing? 950 00:44:05,920 --> 00:44:07,440 How are you, guys? You came back! 951 00:44:07,440 --> 00:44:09,120 One sweetcorn, one focaccia, Will. 952 00:44:09,120 --> 00:44:11,840 We've got some pews at the bar, if you'd like to jump down, sir. 953 00:44:11,840 --> 00:44:14,600 I'll take this one. Fantastic. 954 00:44:14,600 --> 00:44:16,880 The dish is very hot. 955 00:44:16,880 --> 00:44:19,200 There's your sweetcorn tempura. 956 00:44:19,200 --> 00:44:21,160 Give me one fried oyster and one portion of lamb. 957 00:44:21,160 --> 00:44:22,920 Oui, Chef. 958 00:44:22,920 --> 00:44:25,640 There's certainly a buzz about the kitchen. Definitely. 959 00:44:25,640 --> 00:44:27,520 Fish and chips and venison gone, yeah? 960 00:44:29,880 --> 00:44:32,120 It's probably best to pick a couple of snacks 961 00:44:32,120 --> 00:44:35,400 and pick up a couple of Tiny Tinis and then just go from there. 962 00:44:35,400 --> 00:44:39,000 Table two. Yes, please. Table two. Nothing else? That's it. 963 00:44:41,960 --> 00:44:44,440 Two cheese wheels! Two cheese blocks today, yes. 964 00:44:44,440 --> 00:44:46,200 Wow! How are you using the second wheel? 965 00:44:46,200 --> 00:44:49,200 We changed our menu a little bit to adjust for the new one. 966 00:44:49,200 --> 00:44:52,840 OK, cool. We added on the mushroom rigatoni. It's a lovely little dish. 967 00:44:52,840 --> 00:44:55,960 It's going to be fantastic on the wheel. Great. 968 00:44:59,560 --> 00:45:02,080 Rigatoni, yeah? Rigatoni. 969 00:45:02,080 --> 00:45:05,320 OK. Here we go. I hope you enjoy. Lovely, thank you. 970 00:45:17,880 --> 00:45:19,840 How are you enjoying it? Yes, it's very good. OK. 971 00:45:19,840 --> 00:45:22,320 Better without the brandy? Better without the brandy, yeah! 972 00:45:22,320 --> 00:45:23,680 HE LAUGHS 973 00:45:23,680 --> 00:45:25,760 The new dish that Graham put on in the second wheel 974 00:45:25,760 --> 00:45:27,200 was very, very good, actually. 975 00:45:27,200 --> 00:45:30,520 It's certainly good to see that he's capable of coming up with solutions. 976 00:45:30,520 --> 00:45:32,880 In the context of business problem-solving, 977 00:45:32,880 --> 00:45:34,160 that's very important. 978 00:45:37,760 --> 00:45:41,400 Chicken burger? There you go, sir. Thank you so much... 979 00:45:41,400 --> 00:45:43,240 ..and your fries to go with that. Thank you. 980 00:45:46,360 --> 00:45:49,240 Delicious. I can't fault it. I can't fault it. It's really good. 981 00:45:49,240 --> 00:45:50,480 Thank you. 982 00:46:07,480 --> 00:46:10,760 Unfortunately, the guys have just had a meal returned 983 00:46:10,760 --> 00:46:13,520 from the other table. James? 984 00:46:13,520 --> 00:46:15,640 Have you got any champagne here? 985 00:46:15,640 --> 00:46:18,640 We've got English sparkling white... Can I request four glasses? 986 00:46:18,640 --> 00:46:21,840 Yes, certainly. For yourselves? On that table. In the corner? 987 00:46:21,840 --> 00:46:25,240 Yeah. Restaurant is about hospitality, it's about generosity. 988 00:46:25,240 --> 00:46:28,240 It's about making people happy and giving them a good time. 989 00:46:28,240 --> 00:46:29,760 I'm Atul Kochhar. Hi. 990 00:46:29,760 --> 00:46:32,840 Got a difficult table over there. 991 00:46:32,840 --> 00:46:34,680 I heard that your food didn't go well. 992 00:46:34,680 --> 00:46:37,640 So, apologies on the house. And we've brought you a glass... 993 00:46:37,640 --> 00:46:39,400 That's very kind. ..a glass of bubbly. 994 00:46:39,400 --> 00:46:41,960 Chicken thigh is good enough for my dog, 995 00:46:41,960 --> 00:46:44,120 it's good enough for the burger, yeah? 996 00:46:44,120 --> 00:46:46,400 If you do chicken thighs as a burger, 997 00:46:46,400 --> 00:46:48,400 one in a hundred is going to come back. 998 00:46:48,400 --> 00:46:50,680 Because they eat at KFC. 999 00:46:50,680 --> 00:46:52,440 I was a little disappointed, I think, 1000 00:46:52,440 --> 00:46:54,280 from the reaction from both of them. 1001 00:46:54,280 --> 00:46:57,680 I would have expected a little bit more warmth and that lacked. 1002 00:46:57,680 --> 00:46:59,960 If you put on the menu that it's made with chicken thighs 1003 00:46:59,960 --> 00:47:01,080 then people can choose. 1004 00:47:07,960 --> 00:47:10,640 How's the customers? Everyone enjoying themselves? 1005 00:47:10,640 --> 00:47:12,720 Everyone. OK, good stuff. 1006 00:47:12,720 --> 00:47:15,040 I don't know, it's just like typical pasta and cheese. 1007 00:47:15,040 --> 00:47:17,600 I don't know if it's blowing my mind, but it's nice. 1008 00:47:17,600 --> 00:47:20,400 It's something I would like to eat on a winter evening. 1009 00:47:20,400 --> 00:47:23,120 It is really nice. It is starting to get a little bit samey now, 1010 00:47:23,120 --> 00:47:27,000 but that's because I didn't have any toppings - and that was my choice. 1011 00:47:31,040 --> 00:47:32,760 How are you, Jeremy? Are you OK? 1012 00:47:32,760 --> 00:47:35,840 Very well. Having a good lunch? Some really good cooking going on here. 1013 00:47:35,840 --> 00:47:37,680 Do you think that there is a business 1014 00:47:37,680 --> 00:47:40,720 based on these cheese wheels? Certainly. It's very visual. 1015 00:47:40,720 --> 00:47:44,360 And you see people smiling as they walk past, which is all a good sign. 1016 00:47:44,360 --> 00:47:47,240 It's just whether the business translates 1017 00:47:47,240 --> 00:47:49,560 into a real restaurant scenario. 1018 00:47:49,560 --> 00:47:52,280 Tough decision you've got to make, Jeremy. It IS a tough decision. 1019 00:47:52,280 --> 00:47:54,000 I don't want to be in your shoes right now. 1020 00:47:54,000 --> 00:47:55,400 THEY LAUGH 1021 00:47:55,400 --> 00:47:58,280 There is absolutely no doubt the guy can cook. 1022 00:47:58,280 --> 00:47:59,800 Bye, now. 1023 00:47:59,800 --> 00:48:03,200 The cheese wheel can be a very good visual feature 1024 00:48:03,200 --> 00:48:07,480 but I'm not 100% sure, really, yet, whether it is enough. 1025 00:48:08,640 --> 00:48:12,360 I think the big thinking I've got to do this afternoon 1026 00:48:12,360 --> 00:48:15,800 is to understand whether I can overcome in my mind 1027 00:48:15,800 --> 00:48:19,440 Graham's slight inexperience as a businessman - 1028 00:48:19,440 --> 00:48:23,240 to run that business - over his ability as a chef. 1029 00:48:26,680 --> 00:48:28,080 Cheers, mate. Thanks very much. 1030 00:48:28,080 --> 00:48:30,800 James, great job, great job. Thank you very much. Thank you. Cheers. 1031 00:48:32,840 --> 00:48:34,360 I definitely like the product. 1032 00:48:34,360 --> 00:48:36,040 I definitely like the people. 1033 00:48:36,040 --> 00:48:39,040 Maybe attitude could be an issue - but we can work on it. 1034 00:48:39,040 --> 00:48:42,320 They seemed pretty chuffed, though. Yeah, they liked the puds. 1035 00:48:42,320 --> 00:48:45,360 Whether I go with full-blown investment 1036 00:48:45,360 --> 00:48:48,200 or I do a small investment on them, 1037 00:48:48,200 --> 00:48:51,360 I need to weigh up how much training I would need to give them 1038 00:48:51,360 --> 00:48:52,920 to run a proper restaurant. 1039 00:48:52,920 --> 00:48:55,160 I need to go away and do my numbers, as well. 1040 00:48:55,160 --> 00:48:58,160 There was some really good feedback, lots of happy faces. 1041 00:48:58,160 --> 00:49:00,360 We've done our bit. It's over to them now, isn't it? 1042 00:49:00,360 --> 00:49:02,880 Now we're waiting. Yeah. Pint of Guinness. 1043 00:49:02,880 --> 00:49:04,680 For us, if we could find them an MD 1044 00:49:04,680 --> 00:49:07,320 and if we could work with them on a business plan, 1045 00:49:07,320 --> 00:49:09,400 that's a different story, but on face value today, 1046 00:49:09,400 --> 00:49:10,960 their business plan isn't finished 1047 00:49:10,960 --> 00:49:12,560 and they're not the finished product, 1048 00:49:12,560 --> 00:49:14,080 so that makes it really conflicted, 1049 00:49:14,080 --> 00:49:16,240 because we'd like to try and do something with them. 1050 00:49:16,240 --> 00:49:18,480 Nice one. That's it, we're done. 1051 00:49:18,480 --> 00:49:20,200 Fantastic, Lee. 1052 00:49:21,320 --> 00:49:22,840 Lunch is over. 1053 00:49:22,840 --> 00:49:25,600 Now the pressure is on the investors. 1054 00:49:25,600 --> 00:49:28,600 They have to decide whether the idea is worth their money. 1055 00:49:30,160 --> 00:49:33,520 How was lunch? It was really good. Went very smooth for us. 1056 00:49:33,520 --> 00:49:36,080 Look, well, that's it. That's the end of the three days - 1057 00:49:36,080 --> 00:49:37,600 but now the pressure's on them. 1058 00:49:37,600 --> 00:49:39,240 Jeremy Roberts has a deadline. 1059 00:49:39,240 --> 00:49:41,680 He has one hour to come back and make you an offer. 1060 00:49:41,680 --> 00:49:44,120 If he comes back... Fingers crossed. ..game on. 1061 00:49:44,120 --> 00:49:46,920 If he doesn't come back, it's game over. See how it goes. 1062 00:50:02,440 --> 00:50:05,560 Graham came here looking for £500,000. 1063 00:50:07,200 --> 00:50:11,400 If Jeremy Roberts doesn't return with an offer of investment by 6:30, 1064 00:50:11,400 --> 00:50:13,360 he'll walk away with nothing. 1065 00:50:31,480 --> 00:50:33,800 Have you ever had a moment in your life like this, 1066 00:50:33,800 --> 00:50:36,400 where everything could change in the space of minutes? 1067 00:50:36,400 --> 00:50:40,160 I've never had this moment in my life. I've never... 1068 00:50:40,160 --> 00:50:44,440 ..come to a position of competing like this in anything, you know? 1069 00:50:58,480 --> 00:51:01,480 How does it feel now? Tried to cook as hard as we could, 1070 00:51:01,480 --> 00:51:03,320 so, hopefully it was enough. 1071 00:51:18,880 --> 00:51:21,760 Graham. Yeah? The time is up, I'm sorry. 1072 00:51:23,640 --> 00:51:25,640 It means I go back to the drawing board, 1073 00:51:25,640 --> 00:51:27,720 putting some more work into the concept. 1074 00:51:27,720 --> 00:51:29,280 That's the way it goes. Yeah. 1075 00:51:34,400 --> 00:51:37,880 Graham's concept, at street food level, is really strong, 1076 00:51:37,880 --> 00:51:41,560 but translating that into a full-service restaurant 1077 00:51:41,560 --> 00:51:45,960 based around that, I think there's just not quite enough there. 1078 00:51:45,960 --> 00:51:48,480 It's not something I can invest in right now. 1079 00:51:48,480 --> 00:51:50,240 It's just too much of a risk. 1080 00:51:51,360 --> 00:51:53,720 Look, you had a go. 1081 00:51:53,720 --> 00:51:57,320 It was really good to see the food going out and happy customers. 1082 00:51:57,320 --> 00:52:00,760 Feedback was fantastic and that's what gives us inspiration as a team. 1083 00:52:00,760 --> 00:52:02,880 If we get our little restaurant going, 1084 00:52:02,880 --> 00:52:05,680 you know, try and grow it more organically, 1085 00:52:05,680 --> 00:52:08,400 I think that might be more suitable for us. 1086 00:52:20,360 --> 00:52:21,760 Now it's Hollings' turn. 1087 00:52:23,360 --> 00:52:26,920 James and Ronnie came here looking for £200,000. 1088 00:52:30,040 --> 00:52:33,440 The deadline is eight o'clock. 1089 00:52:33,440 --> 00:52:36,680 Will one or more investors walk through the door? 1090 00:52:40,200 --> 00:52:42,120 What's your gut feeling? 1091 00:52:42,120 --> 00:52:44,960 I think someone is going to walk through the door. You think? Yeah. 1092 00:52:49,000 --> 00:52:50,760 What's it like to be so close? 1093 00:52:51,960 --> 00:52:55,040 It's like sitting outside the chef's office for my first interview. 1094 00:52:55,040 --> 00:52:57,040 When I was 16. 1095 00:52:57,040 --> 00:52:59,280 Really? Yeah. 1096 00:52:57,040 --> 00:52:59,280 HE CHUCKLES 1097 00:52:59,280 --> 00:53:01,400 Yeah. He made me wait, an' all. 1098 00:53:15,680 --> 00:53:17,440 Five minutes. 1099 00:53:17,440 --> 00:53:19,360 Five minutes? Well, well... 1100 00:53:19,360 --> 00:53:21,760 It's ticking on. Oh, well... 1101 00:53:39,360 --> 00:53:42,720 Hi, guys. Atul. Sitting dry inside, nice and warm. 1102 00:53:42,720 --> 00:53:44,280 Nice to see you. How are you? 1103 00:53:44,280 --> 00:53:46,160 Chef. OK. Take a seat. 1104 00:53:46,160 --> 00:53:47,600 Thank you. 1105 00:53:49,480 --> 00:53:52,160 So, you have come here to make an offer? 1106 00:53:52,160 --> 00:53:53,960 Out of courtesy for the second investor, 1107 00:53:53,960 --> 00:53:56,480 we'll have to wait a second until the time is up. 1108 00:53:58,440 --> 00:54:02,160 Imbiba have one minute left to walk through the door with an offer. 1109 00:54:19,800 --> 00:54:21,600 Gentlemen, the time is up. 1110 00:54:23,600 --> 00:54:25,800 There's something special in Hollings. 1111 00:54:25,800 --> 00:54:29,160 That said, Hollings' business isn't ready for investment. 1112 00:54:29,160 --> 00:54:31,800 It would be remiss and negligent of us to look to invest 1113 00:54:31,800 --> 00:54:34,960 at a point where the business simply isn't ready for investment. 1114 00:54:36,320 --> 00:54:37,720 So, guys, let me start by saying 1115 00:54:37,720 --> 00:54:40,560 that it's been a pleasure meeting you both. Thank you. Thank you. 1116 00:54:40,560 --> 00:54:41,920 I do have an offer to make. 1117 00:54:41,920 --> 00:54:45,240 OK. I could get your restaurant, Hollings, 1118 00:54:45,240 --> 00:54:48,200 in the exactly the locations you wanted, 1119 00:54:48,200 --> 00:54:50,840 up and running within a few months. 1120 00:54:50,840 --> 00:54:53,760 Yeah. I'm working with a hotel chain, 1121 00:54:53,760 --> 00:54:57,560 and it will need an investment of about 200,000. 1122 00:54:57,560 --> 00:54:59,400 Mm-hm. It will be your Hollings. 1123 00:54:59,400 --> 00:55:03,120 Yep. You have to drive it. Yeah. I will only be the pillion rider... 1124 00:55:05,280 --> 00:55:09,080 ..but more than money, I need your commitment. Yeah. Mm-hm. 1125 00:55:09,080 --> 00:55:12,600 If we make one successful, we can really roll out this concept. 1126 00:55:13,720 --> 00:55:15,560 Who knows, you know? Ten years down the line, 1127 00:55:15,560 --> 00:55:17,600 you could be sitting on your ten, twelve Hollings 1128 00:55:17,600 --> 00:55:19,600 and saying, "OK, we did a good deal here." 1129 00:55:23,200 --> 00:55:25,840 It would be probably remiss of us not to confer. 1130 00:55:25,840 --> 00:55:27,800 Would that be OK? Yeah, absolutely. 1131 00:55:28,960 --> 00:55:32,760 Atul's new offer is to set Hollings up as a flagship hotel restaurant 1132 00:55:32,760 --> 00:55:35,360 and then roll it out on the high street. 1133 00:56:33,400 --> 00:56:35,880 Sorry to keep you. Thank you for your patience. 1134 00:56:35,880 --> 00:56:37,440 No problem. 1135 00:56:37,440 --> 00:56:39,080 Obviously, big decision 1136 00:56:39,080 --> 00:56:41,760 and we need to make sure that we get it right 1137 00:56:41,760 --> 00:56:43,360 for all parties concerned. 1138 00:56:48,760 --> 00:56:53,440 Our gut feeling is I think we'd probably... 1139 00:56:53,440 --> 00:56:55,800 ..somewhere along the line, I think we might fall out. 1140 00:56:55,800 --> 00:56:57,680 You don't want to set off on... 1141 00:56:57,680 --> 00:57:00,000 What's scaring you that we'll fall out? 1142 00:57:00,000 --> 00:57:02,480 I'm not scared, by any stretch of the imagination. 1143 00:57:02,480 --> 00:57:04,880 It's very difficult to describe. 1144 00:57:04,880 --> 00:57:08,000 We just don't quite have the right... 1145 00:57:09,200 --> 00:57:11,120 ..feel for it... I understand. 1146 00:57:11,120 --> 00:57:15,160 ..and I think it would be unfair for us to get into an agreement 1147 00:57:15,160 --> 00:57:20,240 with...with that nagging against us. 1148 00:57:20,240 --> 00:57:22,760 If you already don't have a gut feel, don't go into it. 1149 00:57:22,760 --> 00:57:24,000 Fine by me. It's appreciated. 1150 00:57:24,000 --> 00:57:25,560 Honour to have eaten your food. 1151 00:57:25,560 --> 00:57:27,560 Pleasure to meet you. Thanks for coming. 1152 00:57:27,560 --> 00:57:31,720 Good luck. Have an exciting journey. See you soon. Take care, thank you. 1153 00:57:36,440 --> 00:57:38,000 I actually am quite stunned. 1154 00:57:38,000 --> 00:57:39,800 I don't know what happened there. 1155 00:57:39,800 --> 00:57:43,080 In their shoes, anybody would actually jump at this offer - 1156 00:57:43,080 --> 00:57:44,440 would want to work with me, 1157 00:57:44,440 --> 00:57:46,400 and I'm giving them their restaurant... 1158 00:57:46,400 --> 00:57:50,600 ..but if it was a commitment issue, then I'm actually very happy 1159 00:57:50,600 --> 00:57:52,400 that they declined it now 1160 00:57:52,400 --> 00:57:55,200 than me running after them and screaming after them 1161 00:57:55,200 --> 00:57:57,720 that you guys are not focusing on the business. 1162 00:57:57,720 --> 00:58:00,360 He had £200,000 on the table. 1163 00:58:00,360 --> 00:58:01,920 Yeah. Mm-hm. 1164 00:58:01,920 --> 00:58:04,000 Set you up for your first Hollings... 1165 00:58:04,000 --> 00:58:06,560 Yeah. ..and he was talking about ten years down the line 1166 00:58:06,560 --> 00:58:09,200 with ten, twelve Hollings. Yeah. What's wrong with that? 1167 00:58:09,200 --> 00:58:12,720 There is some sort of nagging thing in the back of our minds. 1168 00:58:14,480 --> 00:58:16,160 Good call, and well done. 1169 00:58:16,160 --> 00:58:17,920 Right decision. Definitely. Yeah. 1170 00:58:17,920 --> 00:58:21,080 It's really flattering, obviously, respected restaurateur, 1171 00:58:21,080 --> 00:58:24,240 and if he's interested in Hollings, that's fantastic... Massive... 1172 00:58:24,240 --> 00:58:25,960 Massive deal. 1173 00:58:25,960 --> 00:58:28,280 ..but you've got to trust your gut. 1174 00:58:28,280 --> 00:58:30,280 Fancy a pint? Yes, very much so. 1175 00:58:34,640 --> 00:58:38,200 This is the red curry with tofu puffs and butternut squash. 1176 00:58:38,200 --> 00:58:41,040 Tofu, generally... You don't like? ..pretty bland. 1177 00:58:42,560 --> 00:58:45,440 This is worse than the actual Trap Kitchen at home. 1178 00:58:45,440 --> 00:58:47,960 We've got a new set of service coming in in 20 minutes, 1179 00:58:47,960 --> 00:58:50,720 which means that every single diner in this restaurant 1180 00:58:50,720 --> 00:58:52,200 has to be out in 20 minutes. 159962

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