Chilango plans four new sites in 2013
Mexican fast casual restaurant firm Chilango has plans to open four new sites next year, on the back of two London openings in 2012.
The company, which recently raised £1.5m from existing and new investors, will open new restaurants at 64 London Wall, a form O'Neills site, and 32 Brushfield Street near the old Spitalfields market before the end of the year. Local marketing launches for both sites will be in the New Year.
Chilango co-founder Dan Houghton said that the company hoped to open another four sites in 2013, and was already in negotiations on some, although it was dependent on available property.
The company currently has a total of three sites in London's Fleet Street, Upper Street and Chancery Lane.
Speaking about the new funding arrangements, Chilango co-founder Eric Partaker said: "Fundraising has also progressed extremely well with £1.5m raised from existing and new investors, including Frank Bandura, the CFO of Carluccio's. Frank joins a seasoned team of existing industry investors, including Simon Kossoff (CEO of Carluccio's), Don Henshall (ex-CEO Krispy Kreme UK), and Chris Moore (ex-CEO Domino's UK)."