The Handmade Burger Company announces Nationwide Expansion plans

Posted on 2 October, 2014 by Kirsten Kennedy

In the current economic climate, small businesses are often struggling to acquire growth capital from banks which can be used to fund expansion drives. However, this has not proved to be a problem for The Handmade Burger Company, which has secured £400,000 from Lloyds Bank Commercial Banking to expand the brand throughout the UK.

burgers with fresh vegetables herbs and salad

The restaurant chain, which currently has 20 outlets, will use the money to further plans for two new openings in Southampton and Glasgow later this year. It will also examine the possibility of opening a Nottingham restaurant and a third Birmingham restaurant in 2015.

Relationship director at Lloyds Bank’s Commercial Banking division, Phil Davies, believes the bank’s investment will allow the relatively new business to grow further and greatly improve its reach.

He says; “We’re passionate about supporting British businesses, and The Handmade Burger Company is a great example of successful enterprise which we are proud to support.

“This is an investment which reinforces our commitment to enabling businesses to expand and we look forward to seeing the company’s ambitious growth plans come to fruition in the months ahead.”

The Handmade Burger Company is owned by the hugely successful Jewellery quarter based firm, The Sargeant Partnership, which has spent the past few years investing heavily into nationwide expansion.

Founded in 2006, the brand’s first restaurant is located in Birmingham’s Brindleyplace and has proven immensely popular with consumers seeking fresh fast food as a healthier alternative to McDonalds or Burger King.

The Sargeant Partnership estimates that around 30 new jobs will be created at each of the new outlets, with chefs and waiting staff in particularly high demand.

Owner Chris Sargeant says; “We have enjoyed rapid growth since opening our very first restaurant in 2006, and through this investment we look forward to taking our brand into a variety of new locations in the UK.

“With our roots in Birmingham, we are excited to be opening our third city outlet next year in Grand Central as part of the redevelopment of New Street Station, which promises to become an important location among our nationwide chain.

“Throughout our expansion, we have stayed true to our original fresh food philosophy, and I am proud to say that our food is, and always will remain, fresh, honest and handmade.”

Small businesses are the bedrock of economic growth in the UK and, even during the recession, were often the major force fighting against rising high street vacancy levels. With this large investment, Lloyds Banking Group has demonstrated its belief in the strength of SMEs and will, hopefully, encourage other high street lenders to emulate their support for home grown British businesses.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants

BA cuts 12,000 jobs, unions hit back

Media Streaming Service See Record Subscriptions

Covid-19 Causes Millions To Claim UK Furlough Scheme