Co-founded by former Australian soap star Tim Bacon and Jeremy Roberts, Living Ventures owns and runs 28 restaurants in cities around the country. It has three brands. The Living Room specialises in British and international cuisine. Est Est Est is an Italian restaurant chain. And finally there is Blackhouse Grills. The company acquired Est Est Est for £16.4m in March last year from The Restaurant Group, a listed leisure company. In return, The Restaurant Group took a 40% stake in the Cheshire-based Living Ventures. New restaurant openings have driven up sales 65% a year from £6.1m in 2002 to £27.7m in 2005, though profit margins are tight.
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