(L-R) Colin McClean and David Ferguson with BGF investor Gemma Hamilton
The independent food and coffee shop chain is committed to supporting high street renewal is continuing its expansion in Scotland by opening three new stores - fuelled by long-term investment from BGF.
Bob & Berts, which now has stores in Falkirk, Dunfermline and Dumfries, will open three new outlets in Kirkcaldy, Ayr and Stirling this year and is actively looking at additional Scottish sites - building on its strategy of expanding across local market towns.
The company raised £2 million of patient capital from BGF in August 2017, to fund its entry into Scotland and support further growth in Northern Ireland, where it was founded in 2013.
Known for its quality food and drink, local community focus and relaxed style, Bob & Berts aims to have 20 outlets across Scotland by 2022, employing around 400 people.
Colin McClean, who founded Bob & Berts, said: “We are very pleased with the performance of our stores in Scotland, which has reinforced our belief that there is demand for high-quality, independent food and coffee shops in traditional high street settings.
“Our aim has always been to offer something different to the large coffee chains - in terms of branding, food selection and interior design. We are committed to supporting the renewal of high streets through quality businesses that help them remain vibrant social hubs. We have created a friendly environment to encourage people to relax, close to where they live - and look forward to taking this culture into Kirkcaldy, Ayr and Stirling in 2019.”
Bob & Berts is on track to deliver turnover of £8m, which it expects grow following the opening of the new stores. Each new outlet will follow the pattern of opening from 7.30am-6.30pm, offering a combination of high-quality drinks and fresh food which has proved popular in its existing Scottish locations.
BGF investor and Bob & Berts board member, Gemma Hamilton, said: “Over the last few years, Bob & Berts has developed a strong identity and quality offering for its growing customer base, setting itself apart in a competitive market. The expansion of the business across Northern Ireland and Scotland is a real testament to the culture and philosophy that is winning over high street customers. As a long-term investor, BGF is delighted to be supporting the team on their continued growth journey.”
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