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Catering Finance

The rise of the multi-site operator

Hospitality venues are showing resilience amongst reports of rising inflation and increasing running costs with property specialist, Cushman and Wakefield, predicting the opening of around 3000 new restaurants and cafes in the UK in the two years to the end of 2018. Aside from the continued growth of large restaurant franchises, this momentum has also been recognised on a smaller scale, with successful independent restaurants, bars and diners expanding to their second, third and fourth sites and beyond.Read More

Britannia Fish Bar upgrade range

Established back in 2005, Britannia Fish Bar has been a popular establishment on Dartford Road for many years. With plenty of passing trade from the main road, a surrounding residential area and many dedicated regular customers, business is thriving for the busy chip shop. With food quality at the core of the successful business, Yusef and Kanil decided it was time to upgrade their ageing frying range. Britannia Fish Bar was kitted out with a brand new Hewigo high-efficiency range, complete with new frying pans, a fan-heated chip box and a full length heated top display with a servery counter.Read More

New-start Nemo’s off to a frying start

Proprieter, Kim Somal, had a vision to open a contemporary new chip shop and takeaway in the Pennywell area. In early 2016, she secured a premises on the busy residential Hylton Road, and with local knowledge and a business-oriented family behind her, Nemo’s was born. Kim approached Johnson Reed, as the UK’s most-trusted chip shop finance company, to explore the finance options for the equipment purchases and shop renovation.

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all about desserts get set to cater for growing demand

Leicestershire-based patisserie producer, all about desserts, has a simple mission statement: to provide the best product at the right price, on time. Run by husband-and-wife, Craig and Clare Barton, the business specialises in patisserie; desserts, tarts, bakes, cakes and afternoon tea pastries. Earlier this year, the operation moved into a premises with the intention of increasing manufacturing capability. The facility has been kitted out with a cold room, allowing Craig to branch out further into chilled and frozen desserts to attract new clients and opportunities.Read More

The 6 most common misconceptions of leasing

Venturing down the finance route can initially seem a little daunting, typically associated with credit checks, tedious paperwork and onerous conditions. Whilst this may have been your experience with banks and finance houses in the past, this certainly doesn’t need to be the case. At Johnson Reed, we understand the time constraints and daily pressures of running a business, and facilitate your finance requirements in a quick, simple and fuss-free manner. Read More

The cost of running a commercial kitchen

When making a new purchase for your commercial kitchen, it can be incredibly easy to focus on the cost of the equipment and let the running expenses take a backseat. Electricity, gas and water can all be expensive extras, so it’s important to remember to take these into consideration and budget for them accordingly. It’s estimated that, on average, restaurants use around 2.5 times more energy per square foot than other commercial buildings. You wouldn’t want to part with cash for your new equipment to find out you can’t afford to run it!Read More

Merchants Fish Bar fitted out with bespoke frying range

Michael Jordan and Emma Payne are the Director duo behind the three-year-old Crabb Cross site in Redditch. The bar, takeaway and restaurant underwent a significant refurbishment and refit earlier this month, financed through unsecured loan and equipment leasing facilities by Johnson Reed. The new frying range unit by Hewigo is entirely bespoke, with a unique design to suit the shop’s contemporary new interior. Read More

Grade II-listed Greyhound Inn gets a new lease of life

The Greyhound Inn, situated in Cromford, Matlock, is a venue steeped in history. Built by Richard Arkwright in 1778, the venue was originally designed to encourage visitors, in particular, businessmen, to the nearby cotton mills. 2017 marks a new chapter for the venue, having recently re-opened to the public under new management; Paul and Tina Waddingham. Having contributed a significant investment themselves for all the renovation work, Paul and Tina approached Johnson Reed to explore leasing their catering equipment and appliances, including a state-of-the-art combination oven.Read More

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