Artisan, the stylish casual dining bar restaurant located in Manchester’s popular Spinningfields, has announced a strong financial performance for the year ended 31 March 2015 with a double-digit increase in revenue.
The 250-capacity restaurant increased revenue by 37% to £3.7 million (2014: £2.6 million) with EBITDA growing substantially by 152% to £452,429 (2014: £178,947).
Following the year end, the Company extended its highly successful Artisan concept, opening a ground floor extension available for private hire in May 2015 and a second private dining room for 30 people in November, adding to the private facilities already on offer in the city centre venue.
Paul Moran, Managing Director of Living Ventures commented:
“Artisan continues to go from strength to strength and remains one of the most popular restaurants in our Manchester portfolio. The extensions to our private dining capability in response to huge demand for our existing facilities show how flexible the business is across the corporate and leisure markets and we are actively looking for other city centre opportunities to expand the brand.”