Search
The Caterer

London steakhouse eyes up second restaurant after crowdfunding success

09 January 2018 by
London steakhouse eyes up second restaurant after crowdfunding success

A London steakhouse is eyeing up a second restaurant after successfully crowdfunding more than £250,000.

Beef and Brew opened its first site in Kentish Town, north London, in 2015 and is now in negotiations to secure a larger premises for its next opening.

Ex-banker Daniel Nathan and chef Jessica Simmonds are behind the concept, which aims to offer "quality and affordable steak in a casual environment".

The pair turned to crowdfunding to increase their financial security having already attracted some investment for their second venue.

Nathan revealed that the £256,983 raised through crowdfunding was comprised of more than 200 donations ranging from around the £10 mark to thousands.

He described the process as "humbling" and spoke of the secondary benefit of engaging consumers in the concept of the new restaurant at this early stage.

Nathan plans to expand Beef and Brew's beer offering in their second restaurant and hopes a third will follow shortly afterwards.

Crowdfunding: how to get your idea off the ground >>

The Vurger Co exceeds crowdfunding target for first restaurant >>

Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.