This includes West Midlands restaurants in Birmingham, Mere Green, Kidderminster, Leamington Spa and Coventry.
The closure of all eight restaurants has resulted in 158 redundancies.
The sites that have closed are:
Birmingham
Mere Green
Newport
Kidderminster
Southport
Preston
Leamington Spa
Coventry
The future of the Bistrot Pierre brand however has been saved following a sale of a substantial part of the business to a vehicle owned by Cherry Equity Partners.
The deal ensures ten Bistrot Pierre sites around the country will continue to trade, safeguarding 394 jobs.
Nick White, CEO of Bistrot Pierre, said: “We are delighted to have secured the future of the business and, with the backing of Cherry Equity Partners, now have a strong platform in place for future growth.
“At the same time, we are tremendously sad to see eight of our sites close. The impending increases in National Minimum Wage and National Insurance contributions will add hundreds of thousands of pounds to our costs, making our smaller locations simply unviable. We’d like to express our sincere thanks to our teams that have worked so hard to serve the fantastic customers that have visited these locations over the years.”
Ed Standring, CEO of Cherry Equity Partners, said: “This investment marks our second acquisition in as many months, and underscores our deep commitment to the UK hospitality sector – an industry we’re incredibly passionate about and one we believe is full of opportunity. Bistrot Pierre is a well-loved Bistrot, bar and boutique rooms business with a great heritage, and we’re looking forward to working with Nick and the team to invest and grow the business.”