Abrakebabra group’s €8 million debt weighs down on profits

It’s a case of a lot done, more to do for Graeme Beere’s Abrakebabra group - which also runs O’Briens sandwich bars and the Bagel Factory chain - as the group’s debts weighed down on its profits in 2017.

The business, led by Beere and David Zebedee, has more than 100 stores around Ireland.

It has been restructuring its operations while it works down the roughly €8 million it owes to the state-backed ...