Tortilla, the Quilvest-backed, the burrito and taco brand, has launched its latest site in Dalston and said it had agreed terms on three further sites, which it hopes to open before the end of this year.
The 1,800sq ft Dalston site on Kingsland High Street becomes the group’s 34th site and follows its opening in Kingston earlier this summer.
The company reported that in May that its like-for-like sales were up 9% in the year to date. Managing director Richard Morris told MCA that the company was still generating good like-for-like sales but that performance had “slowed a little with the train closures and improved weather over the last couple of weeks”.
On the new opening, Morris said: “Dalston is a great opportunity for us, it’s an area where we see untapped potential especially being one of the only fast-casual restaurants on the high street. Dalston has been a ‘must-go-to’ area for many similar brands and we’re incredibly proud to be one of the first there. We’re also close to agreeing terms for three further stores, with the goal to open them before the turn of the year.”
Earlier this year, the company, which is on track to post full-year turnover of c£30m, up from £25.3m in its last financial year, appointed Andy Naylor, former group head of finance at Gaucho and CAU, as its new finance director.
Naylor joined Tortilla after over four years with Gaucho, including the last two as group head of finance.
