Argentine steak house chain, Gaucho has been put on the market for around £140-150m, according to The Sunday Times.
The Argentine steak house chain operates 12 restaurants in London, two in Leeds and Manchester, plus single sites in Dubai, Hong Kong and Buenos Aires.
Parent company Gaucho Group also operates the Cau brand, which serves up Argentinian steaks and grill cuisine across 12 UK restaurants plus one in Amsterdam. It is unknown whether the sale of Gaucho includes the Cau portfolio.