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Honest Burgers heads sector for Fast Track 100

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Fast Track 100

The Sunday Times Virgin Fast Track 100 league table, now in its 19th year, ranks Britain’s 100 private companies with the fastest-growing sales over their latest three years.

The Fast Track 100 is compiled by Fast Track and published in The Sunday Times each December, with an awards event at Richard Branson’s Oxfordshire family home and follow-up alumni dinners, and a typical Fast Track 100 company:

  • is owned and run by entrepreneurs
  • has between 20 and 500 staff
  • has average 3 year sales growth ranging between 45% and 250% pa
  • has sales ranging between £5m and £100m
  • 25% of the companies have venture capital backing

For 2015, the starring hospitality and catering companies are led by Honest Burgers, followed by Bill’s Restaurants and six more fast expanding operators:

 

Rank

Company
Activity
3-yr av sales growth
% pa
2015
sales
(£m)
2012
sales
(£m)
  Comment
2 Honest Burgers
Burger restaurant operator
205.67 *6.9 ‡0.2 Founders financed their second restaurant in 2012 with a friends-and-family fundraiser. Expanded to 10 sites, growing sales to £6.9m this year, and is aiming to have 20 sites by the end of next year.
14 Bill’s Restaurants
Restaurant operator
107.98 ‡*90.0 10.0 Bill’s has more than 70 UK restaurants and an online shop selling own-brand products made from locally sourced ingredients.
20 New World Trading Company
Pub and restaurant operator
94.83 *17.7 ‡2.4 Upmarket pub chain that offers food and cocktails at 11 branches in London and northern England
35 BrewDog
Brewery
71.04 29.6 5.9 The craft beer company exports to more than 50 countries and has opened bars as far afield as Brazil and Japan. It is now targeting America, with plans for five bars and a brewery. Sales reached £29.6m last year
42 Giggling Squid
Restaurant operator
68.44 7.7 1.6 Secured a £6.4m investment from BGF last month. Now has 14 restaurants across southern England and the Midlands and plans to open between eight and ten new ones a year
45 Pure Made For You
Healthy food chain
65.17 *7.8 1.7 Has 20 bicycles to deliver its seasonal, healthy food across London, and 8 London eateries
66 Ed’s Easy Diner
Restaurant operator
57.10 *36.5 9.4 Has plans to expand its chain to well over 100 diners across the UK
90 Byron
Restaurant operator
46.67 55.2 17.5 Sold its 18 millionth hamburger in October

 

To see the full Fast Track 100 click here

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The post Honest Burgers heads sector for Fast Track 100 appeared first on Hospitality & Catering News.


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