San Carlo, the Italian restaurant chain, has said it expects its turnover to reach £30m during its current financial year, as it looks to raise more finance to expand. Marcello Distefano told InsiderMedia that the chain continued to look at opportunities all over the UK and internationally. The company, which was founded in Birmingham in 1992 by Carlo Distefano and led by his son Marcello, currently operates six sites under its eponymous brand in the UK, plus the Flying Pizza restaurant at the Roundhay, in Leeds, its concept Cicchetti in Manchester and its fine dining Signor Sassi restaurant in London. It also currently operates two restaurants in Kuwait and one in Beirut under its fine dining brand Signor Sassi. It is set to open its first unit in Asia under brand, after securing a site in Thailand. He said: “The company is projecting turnover of £30m in the current year with an Ebitda of between £1.5m and £2m. We have had our biggest growth era as a company during the downturn.” Distefano said the Cicchetti tapas-style concept had been “very successful” with turnover double the company's initial forecasts. He forecast that the new brand would be the company’s largest growth business over the next five years and that it was looking to raise finance to open more outlets under the format.