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Starbuck’s UK franchisee secures funding to boost development

Starbucks’ UK biggest franchisee – 23.5 Degrees – has raised £17m extra funds which will be used to open more cafes in the UK – seven new units are planned by the end of summer and an extra 300 stores by 2027.

 

23.5 Degrees – whose name relates to the fact that 23.5 degrees north and south of the equator is the world’s main coffee growing area – has been key to  Starbucks’ UK growth since its first opening in 2013. The company has recently switched to a Drive Thru strategy  with successful results. 

 

Read more on:

https://www.rpbi-openings.co.uk/news/summary/restaurant/new-stores-brewing-for-uk—s-largest-starbucks-franchise-/9ad269966a236c574684228cebdf32d1?dm_i=562N,D658,3A8UP6,1I9OT,1

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