revenueshareRevenue
Capital at risk
24
Est. Months
12.5%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Est. Monthly repayments
£

Located in Islington, Blitz Hospitality, trading as Comedor Grill and Bar, is a fantastic restaurant giving an Argentinian twist to seasonal, British ingredients. Specialising in mouth-watering steaks, ordered by the 100g, they've received acclaim from customers and critics alike, with glowing reviews and awards from the likes of TripAdvisor and OpenTable. They're raising funds to revamp their premises and maximise their newly obtained late license by creating a Latin party venue.

Bringing Argentinian flavour to London

At Blitz Hospitality we trade as Comedor, meaning 'dining room' in Spanish. This is our ethos: to capture the diversity of South American food for everyone to enjoy. From lounging lunches to late weekend parties, we cover every essence of good food, good drinks, and a good time. All our dishes are seasonal and celebrate British produce, cooked the Argentinian way. Our speciality is steak, which you can order starting at 300g and go as large as you'd like! We also offer the ability to customise your steak, choosing marinade, sauce, and garnish to make the dish truly unique.

We've been trading for a few years and have received excellent reviews throughout this duration. For example, we're proud to have been named the OpenTable winner of the Diners' Choice Award 2016; to have received the TripAdvisor Certificate of Excellence 2016; and to have been a finalist in The Food Awards London 2017. We keep our customers happy with not only the great quality of our cuisine, but we also run regular offers, such as our popular brunch deal, or our 50% off steak Mondays.

To continue our business expansion, we will use the money raised in this campaign to refurbish and redesign our current premises. We recently obtained a license to stay open later and are therefore planning to make the most of this by extending our popular party nights, with a bustling, Latin atmosphere and live music.

X

Business keeps the raised amount even if target is not met.
Revenueshare - product type
Tranche (1 of 2)
£ 75k
Raised
£ 34k
Investors
246
Estimated close date
Funded 9 days ago in 20 days

Where will the funds go?

Venue refurbishment
£75,000

Key people

JC
James Carter
Director

Got a question for the business?

For more information on the business, please login and ask them a question directly.Sign In to Ask

A. Hi ernst, are accountants are busy doing our end of your year as we speak. As you are aware it is not due for another 10 days and it will then be updated to companies house to be made public. Hope this helps.

A. Management figures have just come in for year ending July 2019; T/O: £2.4M, GP: £1.4M, OP: £380,423. After the refurbishment I would expect turnover to be closer to £3M.

A. Sorry who is rajko’s ?

A. Hi jakob, the next lease review will be in 5 years which is open ended. You can see from the campaign we now have a 5 am licence on weekends. Hope this helps

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Business brand

Stevenage, UK

"Bringing Argentinian flavour to London"

Incorporated
2 years, 1 months
Equifax score
31 / 100
Equifax Grading
powered by Equifax
Lower than average score
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