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141%
Raised
£211,990
Investors
300
Target
£150,000
Equity
13.15%
Pre-money valuation
£1,400,000

Having grown from a tiny market stall to a critically acclaimed restaurant, Monty’s Deli are aiming to expand their offering across a number of new market sites in London.

  • Monty's Deli Reuben voted No.2 in Time Out London's 100 best dishes
  • Great reviews in FT magazine, Sunday Times, Evening Standard
  • Aims to expand across London & UK, plans to open new site end of 2018
  • Hoxton site shortlisted for Restaurant & Bar Design award 2018

Idea

In April 2017 Monty’s Deli opened their first restaurant on Hoxton Street in the heart of the east end following a successful crowdfunding campaign. Now a year old, it has built up a solid customer base and received positive reviews from FT magazine, ES magazine, Sunday Times, Time Out and more.

“Monty’s Deli in Hoxton is now firmly on the list of places I love.” Grace Dent

“The bagels are as good as any I’ve had in Manhattan, Los Angeles or Golders Green.” Tim Hayward

Inspired by the famous Jewish delis of the US and the Ashkenazi-style Jewish food of co-owner Mark's childhood, Monty’s Deli produces all its smoked and cured meat and fish, bagels, mustards and many more products in-house.

The site on Hoxton St is a 65 cover restaurant with a large kitchen space capable of producing for many other locations, acquired with the intention of rolling out the concept to a number of other smaller market sites.

In January 2018, a site was opened in 'The Kitchens', a new food-focused development of the historic Old Spitalfields Market, which has been successful. The popularity of these multi-operator food markets is a fast growing trend in London and is anticipated to spread to other areas of the UK.

We are now looking for investment to expand this market model to another three London sites initially, and then more across the UK.

Disclosure - Commercial and director loans exist

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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.

Monty's Deli 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.