SushiDog, a London, UK-based quick service restaurant chain that offers customers a menu of Sushi rolls, bowls and salads, raised £800K from Middleton Enterprises.
This followed on from the original funding round led by Middleton Enterprises that resulted in the opening of SushiDog units on Baker Street and The Strand in September and October 2023.
The company intends to use the funds to finance the expansion of its chain.
Co-founded by Greg Ilsen and Nicholas Goldstein, SushiDog leverages a ‘grab and go’ model that offers a healthier alternative to mainstream fast food outlets. To capitalise on the chain’s growth and popularity, SushiDog’s owners have identified multiple London sites that are due to open in 2024.
Commenting on the news, Greg Ilsen said: “We’ve enjoyed a strong year that has seen terrific growth and an increase in sales. We’ve experienced a 77% increase in revenue year on year, which is down to the hard work and dedication of our team and the astonishing performance of our London sites. Middleton Enterprises stepped in to provide the financial backing we needed to execute on the new London sites we had identified. Their unique flexible and collaborative investment approach suits our style and culture, allowing us to expand at a rate that matches our ambitions.”
FinSMEs
02/02/2024