The steakhouse on Kentish Town Rd has launched a crowdfunding campaign in a bid to raise £250,000 to fuel its ambitious expansion plans.
Founded in 2015 by Daniel Nathan and Jessica Simmons, Beef & Brew is hoping to raise £250,000 from its Seedrs campaign in order to open new venues in neighborhood locations.
The Kentish Town steakhouse has proven to be a huge hit since its launch and co-founder Daniel Nathan believes this success is based on its detail across the menu.
He explains: “We’ve got an excellent offering and consequestnly a successful, popular restaurant in Kentish Town.
“Yes, it’s quality and affordable, but it’s also interesting: we pay particular attention to our sides and accompaniments as people don’t want the same bland repetitive dishes.
“We’ve also got a very strong team, with lots of operational depth, which puts us in a strong position to expand the business.”
The market has grown over the last decade, but conditions are changing. Simon Binder, an
investor and director, thinks the business is well placed. He added: “The market is difficult, with pressure on margins from food, staffing and rates.
“Plus of course there’s Brexit. We think small, nimble and quality operators like Beef & Brew will fare well, particularly those in the affordable space. The UK consumer has a taste for good food and you can’t reverse that trend.”
Daniel Nathan had a 10-year banking career before deciding to ditch it all and launch a restaurant. Jessica Simmons is a Michelin trained chef who spent much of her career working with Angela Hartnett.
Simon Binder is a serial restaurant entrepreneur: he’s built and sold a chain and been the CEO of a listed business.