All Tortilla articles – Page 3
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Interviews
Tortilla: Change in planning law ‘hugely beneficial’
From former retail units to new franchise partners, the fast casual Mexican brand is “pushing all avenues” to reach its target of 45 new sites by 2026
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News
Tortilla to accelerate expansion on the back of significant revenue growth
The fast-casual Mexican brand, which listed on AIM in October, achieved revenue growth of +79.5% in the full year to 2 January 2022, with its strong trading momentum continuing post year-end
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News
Tortilla to expand delivery kitchen network
The burrito restaurant brand has entered into a partnership with Growth Kitchen, which has just secured £3m in seed funding
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Analysis & Insight
Tortilla: ‘Our site pipeline is so much better’
CEO Richard Morris tells the Food to Go Conference about the paradox of having a good pandemic, and how that led to its IPO
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News
Last few tickets available for MCA’s Food to Go Conference
There is one week to go until the event on Wednesday 9 March at the Ham Yard Hotel in Soho, featuring itsu, Pret, Leon, Caffè Nero UK, Greggs, Tortilla and many more
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News
Tortilla partners with Compass Group
The fast-casual Mexican chain will see at least 14 sites opened by Chartwells Universities, part of Compass Group, on a franchise basis
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Interviews
Tortilla: ‘We have got a very good pipeline for this year’
The fast-casual Mexican brand has got “a lot of very exciting sites” lined up to open in 2022 and is already building its pipeline for 2023, chief executive Richard Morris has told MCA.
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News
Tortilla sees like-for-like growth up +23%
Fast-casual Mexican chain Tortilla achieved a 79% increase in group revenue for the full year to 2 January 2022, compared to the same period last year, aided by the addition of seven new company-operated sites
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Analysis & Insight
Restaurants debut new planted-based dishes as Veganuary returns
With the UK’s appetite showing no signing of abating, MCA rounds-up some of the latest vegan innovations to hit menus this month.
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News
Tortilla names new operations director
Tortilla has appointed former director at Young’s Stephen Clark as its new operations director, with his predecessor Matt Chapman promoted to franchise director.
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News
Property market is ‘once in a lifetime opportunity’ for Tortilla
Torilla CEO Richard Morris has told investors the fast-casual brand’s pipeline is as “strong as it’s ever been”, as it capitalises on property costs which are 20%-30% down.
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News
Tortilla embarks on life in the public eye
As shares in Tortilla begin trading on London’s AIM market, MCA looks at the company’s ambitions as a public company and asks whether being publicly-listed might provide it with a competitive advantage.
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News
Tortilla begins trading on AIM
Tortilla’s admission to AIM this morning comes alongside the completion of a fundraising which has raised gross proceeds of £5m for the company and £23m for selling shareholders.
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News
Tortilla to have £70m initial market capitalisation on AIM
Shares in Tortilla Mexican Grill plc will begin trading on 8 October with a £70m market capitalisation. On admission, Quilvest will own approximately 20.4% and the board approximately 12.3% of the issued ordinary shares.
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News
Tortilla announces plans to float
Tortilla has announced plans to list on AIM in early October, as well as making two new non-exec appointments with the arrival of Emma Woods and Laurence Keen.
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News
Tortilla to open more travel hub sites with SSP
Tortilla is opening two more travel hub sites in partnership with SSP. Yesterday it opened an airside site at Gatwick Airport, and will open an additional site at Leeds Skelton Lake Services on 6 October 2021.
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News
Tortilla to use Deliveroo Editions to extend delivery coverage
Tortilla has extended its exclusive delivery partnership agreement with Deliveroo across the UK. It will use several new Deliveroo Editions kitchens to reach new regions that were previously outside of its coverage area.
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News
Tortilla: ‘We are all going to be flying a bit differently’
The hospitality industry is about to enter “a very big grey area” and until the government gives greater clarity on what it wants the industry to do with regards to issues like the wearing of face masks, “we are all going to be flying a little bit differently”, according to Tortilla MD Richard Morris.
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News
Tortilla: IPO an exciting opportunity
Tortilla CEO Richard Morris has confirmed the burrito brand is looking at a possible IPO after appointing investment bank Liberum to explore its options.
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News
Listen to The Conversation today
Join The Conversation today with Kate Nicholls, chief executive of UKHospitality, Robin Rowland, partner at TriSpan and the former YO! Sushi CEO alongside Richard Morris, managing director at Tortilla.