Optimum Group, which already operates 23 Costa Coffee franchises across Merseyside, has now opened its first Kaspa’s gelato and dessert franchise in Crosshall Street, Liverpool. Trading in the first four weeks has already exceeded the Group’s six-month forecast and is on track to smash its one-year target.
Managing director of Optimum Group, Mark Bryan, said that Yorkshire Bank’s input was integral to pushing ahead with the Group’s vision of opening a Kaspa’s outlet.
He said: “We think dessert houses are going to boom in the UK over the coming years and saw this as a complement to our already successful Costa Coffee-focussed franchises. Kaspa’s is an exceptional brand and we’re excited to see it going so well, with very positive feedback from staff and customers alike.
“Entering into a new franchise and market sector is always an intense undertaking, and we were very grateful to our relationship manager Mike Scott for taking the time to understand our vision and find a way to help us fulfil it.
"Having a named relationship manager at our bank is incredibly helpful; and having worked with Mike extensively over the past few years, we now consider him an integral part of our wider advisory team.”
The funding package was arranged by relationship manager Mike Scott, who is based at Yorkshire Bank Merseyside Customer Banking Centre in St Helens. He said: “Optimum Group has been extremely successful in developing its various Costa Coffee franchises, and the board spent over two years surveying the market for the right opportunity.
“Franchise business and banking support requires specialist knowledge and we are proud to be able to provide this alongside tailored facilities for such a strong and ambitious business as Optimum Group.”