Inventive Leisure, the premium bar operator with 2,500 employees and a turnover in excess of £110 million has confirmed its successful re-financing of bank facilities, following continued strong trading in December and the highly successful roll out of its Evolution programme for the Revolution brand in 2013.
The business is now looking to further extend its estate by securing new bars for its Revolucion De Cuba and Revolution brands in London and regional cities.
Extended investment in Revolution bars
The announcement follows the news in November that Inventive Leisure had extended its investment in its Revolution bars from £7m to £10m until May 2014, as part of its Evolution programme. Following the high-end transformation at the evolved sites, sales are currently up by around 20%.
Mark McQuater, CEO, Inventive Leisure comments: “We are delighted to have successfully re-financed our bank facilities following continued growth across the Revolucion De Cuba and Revolution brands. We enter 2014 in a very strong trading position and look forward to continued innovation and growth.”
For more information click here