Lebanese canteen group Comptoir is hoping to cook up a storm by floating on AIM in June.

Investors should note the presence of highly-respected restaurateur Jonathan Kaye on the board. He is part of the family that founded ASK, Zizzi and Garfunkel’s and is the former boss of Prezzo which was sold to private equity in 2015.

We expect investors to show considerable interest in the stock given his involvement.

Comptoir has yet to reveal how much money it will raise at IPO. It is currently owned 75% by founder Tony Kitous and 25% by Chaker Hanna who will be chief executive of the plc business. Kitous opened the first branch of the Middle Eastern cuisine chain in 2008.

Richard Kleiner will be chairman of Comptoir. He is best known as a director of private equity group Avanti Capital (AVA:AIM).

Comptoir owns and/or operates 15 Lebanese and Eastern Mediterranean restaurants in London and Manchester. A new site will soon launch in Exeter.

The main brand in its portfolio is Comptoir Libanais with 11 sites. It also has two Eastern Mediterranean street food outlets trading as Shawa, and two high-end restaurants called Levant and Kenza.

Levant runs belly dancing shows nightly and has DJ and dancing at weekends alongside the food service. Kenza is both a restaurant and a takeaway service including delivery albeit the latter is restricted to a small part of London.

Fellow Kaye family members Samuel and Adam are involved with AIM-quoted Dim T and Wildwood owner Tasty (TAST:AIM) where they are joint chief executive and non-executive director respectively.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Issue Date: 09 Jun 2016