The Daisy Green Collection, the all-day restaurant, bar and coffee group, has closed its crowdfunding campaign, having raised over £2m on a £500,000 target.

A total of 762 Crowdcube investors made up the £2.055m final total, which will be ploughed into a growth plan aimed at doubling its estate in the next four years.

Co-founder Prue Freeman said this week that the group was close to securing its 2019 pipeline, with properties in Southbank and the City under offer.

The business plan sets out growth to 17 sites by 2022 with target locations including South Kensington, Canary Wharf, Liverpool Street, Chelsea, Covent Garden, Clapham and Fulham. The plan envisages revenue of £25m+ at that point with site EBITDA of c£5.1m

Freeman told MCA when the fund opened that she was not looking outside the capital for the moment and that any growth into the regions would begin with commuter belts.

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