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Successfully funded
overfunded
Ben's Canteen
  • Equity
199%
Raised
£499,820
Investors
297
Target
£250,000
Equity
38.45%
Pre-money valuation
£800,000

Founded in 2011, Ben’s Canteen now has two venues in West London with a focus on Burgers, Wine and Brunch. Having been listed as one of the top 25 brunch destinations in London, the team are now set to expand into the newly refurbished Battersea Power Station & plan to open 10 sites within 5 years.

  • Achieved over £1.5m in sales in the last financial year
  • Average of 2,000 customer a week, primarily 18-34 and 70% female
  • Over 21,000 followers on social media and
  • Over £350k invested into the business so far
Information Ben's canteen have now received advance assurance from HMRC that they will be able to offer EIS tax relief to eligible investors.

Idea

Ben's Canteen currently consists of two relaxed neighbourhood hangouts, in Battersea and Earlsfield (SW London), specialising in Burgers, Wine and Brunch. In September 2017, we expect to open a third restaurant, at the Battersea Power Station development.

Ben's Canteen is an alternative to the pub; with the informal spirit of a great bar, but without Sky Sports and tap after tap of beer. Every night, delicious burgers are paired with exciting wines.

During the day you can enjoy indulgent brunches with top notch coffee and what we know to be some of the best Bloody Marys in London.

Ben's Canteen, having raised money from friends and family, opened on St John's Hill in Battersea, close to Clapham Junction in 2011. In 2014, it expanded to a second site in Earlsfield and in September 2017, we will be opening a third site, this time within the Battersea Power Station development.

We serve an average of 2,000 customers a week, our core audience is 18-34 with a 70% female bias.

In 2015 and 2016, we were voted Best Restaurant in Wandsworth in the Time Out Love London Awards.

In November 2015, the Evening Standard named our brunch as one of the Top 25 in London.

We have a social media following in excess of 21,000 and an email database of 8,000.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Ben's Canteen has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.