Abokado secures new funding line of £3m to support growth
It has also announced record profits for 2017 and an EBITDA growth of almost 50% year on year.
The company has also revealed a new partnership with ThinCats having secured a new funding line of more than £3m to support growth.
Abokado’s founder and CEO Mark Lilley said, “I’m immensely proud of my team in delivering these results in the toughest market conditions we’ve experienced since we launched Abokado in 2004. Our formula is simple. Everything we do revolves around bringing Londoners the freshest & healthiest options for breakfast and lunch, and it’s great to get the thumbs up from our customers. It’s also worth noting that our staff retention has improved over this period, as our investment in the Abokado family continues to pay dividends.
“We are also excited to have embarked on a new partnership with ThinCats. This will continue to fuel our next phase of growth and allow us to spread our ‘feel great’ vision far and wide.”
