Under the terms of the CVA, the business must make at least 60 monthly payments of no less than £8,000 to creditors.
The arrangement will not complete until all secondary preferential creditors have been paid in full and unsecured creditors receive a minimum dividend of 1.6p in the pound.
Filings to Companies House show the Homeslice CVA was approved by 100% of creditors.
The group, which was founded by Mark and Alan Wogan, sons of legendary radio and television broadcaster Terry Wogan, in 2011, appointed Begbies Traynor as administrators back in December after being placed into liquidation owing £2.5m.
Homeslice specialises in 20-inch pizzas served whole or by the slice and until earlier this year operated three sites in the capital in Neal’s Yard in Covent Garden, the City, and Marylebone.
The Marylebone restaurant has since closed, but the group’s other two sites continue to trade and have done so since the administration was announced.
Back in January, the founders said they were determined to save their business and were preparing a restructure in order to keep going.
Mark Wogan told the Daily Mail that the pair would not desert their people and creditors, despite the critical challenges facing the business, including a downturn in profitability and a decline in diners prepared to spend.
“Rents are significant, but people are more significant,” he said at the time.
“We have good people who rely on Homeslice for their living. We have a lot of staff who’ve been with us seven plus years.
“It’s really important that, as an owner, I provide them with a living going forward. It’s very important to honour the creditors – it’s not who I am otherwise.”