Crêpeaffaire to triple number of units with £2m funding by BGF

The multi-site crêperie brand will use the funding to expand across the UK and internationally.

Set up in 2008 by chief executive Daniel Spinath, Crêpeaffaire provides an all-day offering, serving sweet and savoury crêpes, waffles, coffees and smoothies for food-to-go and sit in customers.

Starting from a single London site, the quick service group has opened new sites across London and other parts of the UK, including Birmingham, Newcastle, Leeds and most recently Chester. The business generated more than £5m in revenue in 2017, with system sales approaching the £10m mark.

Daniel Spinath, founder and CEO, Crêpeaffaire said, “This is a really exciting time for Crêpeaffaire. We’ve grown steadily during the past 10 years and are now ready to accelerate our expansion and drive brand awareness, both in the UK and internationally. BGF is providing an initial investment but more importantly has come on board as a long-term, non-controlling partnership. We are pleased to be working with them in the next stage of our growth plan.” 

Jon Simon, investor, said, “Daniel and his team have created an offering and brand that is differentiated and scalable. It caters to a wide audience, providing both healthy and indulgent products, at an attractive price point. We look forward to supporting Crêpeaffaire through its next phase of UK and International growth.”