ONE OF HIS & HERS’ FAVOURITES, MOWGLI STREET FOOD, AN INDIAN HOME AND STREET KITCHEN OPERATOR, CELEBRATED RECORD TRADING IN DECEMBER AS IT PREPARES TO ACCELERATE ITS EXPANSION PLANS.
The popular restaurant chain, founded in Liverpool in 2014 by barrister, food writer and Indian cookery teacher, Nisha Katona, saw like-for-like sales surge 11.5% in December.
Mowgli currently operates two sites in its home city, Liverpool, one in Manchester’s Corn Exchange and opened a fourth restaurant in Birmingham Grand Central in late 2017.
All of Mowgli’s current restaurants are outperforming expectations. The Birmingham restaurant is already trading above initial projections. The next opening at Mowgli, which specialises in fresh, healthy food, will be at Westgate in Oxford and is planned for early March.
On the back of its strong trading and continued growth in run rate EBITDA, Mowgli, which is backed by leading investment company Foresight Group, could open as many as five new restaurants in 2018.
Potential sites in Nottingham, Leeds and another site in Manchester are being sought, while identifying right site and opportunity in London is also part of the strategic plan.
Foresight, an independent infrastructure and private equity investment manager, invested in Mowgli in July 2017 to facilitate a roll out of the business and brought on board experienced leisure sector executive Karen Jones as Chair and Matthew Peck, former head of finance at upmarket casual dining chain Byron as Finance Director.
Nisha Katona, Founder and CEO of Mowgli, said “Mowgli is all about the fresh, light zing of an Indian home kitchen. The menu is entirely comprised of dishes from my family’s recipes – so this is how it tastes to dine at my grandmothers Varanasi stove.
“I take curry virgin chefs on principle and teach them one-on-one in the ancient Hindu culinary philosophy. It is utterly humbling that Mowgli has found a place in the heart of the nation.”
Website: https://www.mowglistreetfood.com/
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