Healthy Asian-inspired QSR chain, Abokado is predicted to achieve turnover of £17m in the next 12 months, up from the current £14m, as its continues its rapid expansion.
The brand, which currently operates 28 London sites, has announced plans to open its 30th site by the start of next year with a further six sites projected by the end of 2017. The long term goal is to reach 100 sites in London, as well as wider national and international expansion.
Mark Lilley, founder of Abokado, said: “We’re proud to have opened 28 Abokado sites around the city since launching in 2004, employing over 250 members of staff. With our current turnover of £14million, we are projecting £17million for next year.
“The opening of our 30th site by the start of next year will be a very important milestone for the business. We have worked hard to meet growing consumer demands for healthier and diverse dishes in a convenient on-the-go format, which has been integral to driving the brand’s growth and consumer loyalty.”
Abokado has recently opened outlets in Islington and Blackfriars, the brand’s first expansion south of the river. A Tottenham Court Road site will join this year’s portfolio of new stores.