The company intends to use the capital to help triple its number of restaurants to 18 sites over the next four years and create approximately 250 new jobs. The main part of the new restaurants will be located in London.
Founded in 2005 by joint MDs Morgan Davies and Paul Kilpatrick, Barburrito is a chain of fast-casual Mexican restaurants that offer healthy food to eat in or take away. The business currently operates from six sites in Manchester, Liverpool and Leeds and employs over 100 people. Richard O Sullivan has supported the growth of the business as non-executive chairman.
Following the investment, Colin Hughes, previously on the boards of Pret a Manger and EAT, where he was involved in rolling out 100 new sites, will join the board as a non-executive director.