Gourmet Burger Kitchen (GBK), the Capricorn Ventures-backed group, is lining up three further openings for its current financial year.
The group, which is understood to be reporting positive like-for-like growth, is close to securing new sites at the Regent Circus development in Swindon; the Exchange in Aylesbury and in Widmore Road, Bromley.
The company is also boosting its acquisitions team with the promotion of Keith Harvey from area manager to acquisitions manager. It is also seeking another acquisitions manager as it looks to split its geographical focus.
It has also upgraded two thirds of its 60-strong estate and is understood to be seeing good ROI from those restaurants already refreshed.
Earlier this month, it secured an opening for later this year in Watford, after taking a new lease on a 3,200sq ft site, which is part of the former Waterstones unit in the Intu scheme in the town.
It plans up to 10 new openings over the next 12 months.
Last month, the company exchanged on site in St Vincent Street, Glasgow and Regent Place, Leamington Spa, with the latter set to open this summer.
The group has already strengthened its long-term pipeline by securing three openings for 2015/2016.
It has signed on units in Newport’s Queensbury Scheme, Stoke’s intu development and at Bracknell L&G development.
Mike Webb at CWM acts for GBK.
