BrewDog is set to grow its turnover beyond £100m for the first time this year – up from £70m in 2016 - the group has told MCA.
David McDowall, managing director of the bars division, said bars sales were likely to account for £35m of the total, compared to £22m this year.
He said average sales per head had stood at £10 and £12 over the past year.
McDowall said: “The second half of last year was fundamentally our strongest trading period since we started the retail business and in the first eight weeks of this year, we have seen 11% life-for-like growth across the estate.”
McDowall said the group’s aim getting to 65 to 70 bars in the UK plus a similar number internationally by 2020 is a comfortable target.
This year, the plan is to open a further six to eight UK bars – a long-planned site in Dalston, east London, is still subject to a complicated deal with the landlord but heads of terms have been agreed for a second site in Edinburgh and places including Oxford, Cambridge, Manchester, Portsmouth, Plymouth and Exeter plus Peckham, Camberwell, Kings Cross and Brixton in London are all primary targets.
The company is also set to open two sites in Dublin. Other international targets include Paris and Amsterdam with Reykjavik, Budapest, Talin, Copehnhagen, Vienna, Zurich, Australia and China all on the hitlist.
