Boost Juice Gets Fresh Investment
Boost Juice Bars (UK) recipient of follow on funding from Business Growth Fund (BGF).
Boost Juice Bars (UK) have received an additional £1.4 mill in funding from BGF, following on from the £2.5 mill the group invested in December 2012.
In the past 18 months Boost has seen the number of its outlets in the UK more than double to 25 and sales increase to nearly £10 mill. In fact the Australian brand is proving so popular in the UK that of the group's 350 stores, their Manchester Trafford Centre location is their busiest.
The company behind Boost in the UK, TD4 Brands, will use the money to accelerate store roll out, with plans for over 20 new stores in two years.
Speaking of the announcement, Richard O'Sullivan, co-founder and chief executive of Boost said "the past 18 months has seen fantastic growth in new stores and in our underlying performance. We have identified many potential Boost locations. We are keen to move forward with expanding the Boost brand throughout England and Scotland in particular".
