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Successfully funded
Capital at risk
overfunded
Grind
255%
Raised
£1,914,940
Investors
1287
Target
£750,000
Equity
9.62%
Pre-money valuation
£18,000,000

Founded in Shoreditch in 2011, Grind has spread across London and evolved into an award-winning group of nine café-bars and restaurants serving coffee, food and cocktails to a killer soundtrack. Grind plans to open 10 new restaurants & has signed an agreement to open in airports and train stations.

  • One of London’s fastest growing and most exciting hospitality brands
  • Run rate sales of £8.5m with like-for-like sales up 31% in FY18
  • Plan to open 10 new Grind restaurants in the next 5 years
  • Signed exclusive deal to launch in airports & train stations next year
Information Grind has received £221,480 of investment from precommitted investors which may be spent whilst the pitch is live. This investment is included in the progress bar above.

Idea

Founded in 2011, Grind has become one of the most exciting and fastest growing hospitably brands in London. Since its £1.3m Crowdcube bond raise in 2015, Grind has grown to nine locations, plus a coffee roastery in Shoreditch, generating run-rate revenues of £8.5m per year, and like for like sales up 31% for the first 5 months of FY18.

The Grind brand punches above its weight and our digital following surpasses many household names like Pret a Manger, Byron and Pizza Express. We have over 90,000 Instagram followers generating 2 million digital impressions per month, and our own mobile ordering app and loyalty scheme with over 22,000 members.

In the next year, our 200-strong team will make 1 million cups of coffee, smash 80,000 avocados, break 500,000 eggs and serve 75,000 of our famous Grind Espresso Martinis.

We plan to grow over the next 5 years by:

- Opening 10 new Grind owned restaurants, following the tried and tested all-day all-night experience we have refined at London Grind

- Expanding Nationally & Internationally, opening 15 café-bars in train stations and airports across UK & Europe with our exclusive franchise partner

- Launching supermarket-grade coffee tins and other consumer coffee products, bringing Grind into your home

There are shareholder & commercial loans.

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