Chilango operates seven Mexican restaurants around central London and has won many awards for its food. In 2007, ex-Skype executives Eric Partaker and Dan Houghton launched their first restaurant in Islington, London. Wild about Mexican food, they saw a gap in London’s fast food market for freshly prepared burritos full of authentic, zingy flavours and colourful ingredients.
Now, Chilango’s is pitching for further investment using Crowdcube. The press have embraced their ‘Burrito Bond’ with plenty of pun-filled coverage from The Telegraph, WSJ, The Sunday Times, The Independent, FT, ABC News and most recently Metro.
And investors are taking the proposition seriously: Crowdcube reports that Chilango’s Burrito Bond has now raised more than £860,000 towards its £1 million target – from over 250 investors.
Key features of the Burrito Bond
- 8% fixed interest p.a.
- Semi-annual interest payments
- Your initial investment repaid in one lump sum at the end of the four year term
- £1m target
- £500 minimum subscription
- Investing in mini-bonds involves risk. Please #InvestAware
For more information click here
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