Growthdeck: Elite Coffee Limited


Elite Coffee Limited   |  Food & Drink   |    EIS

42%
Target £1,100,000 Raised £464,250
Equity 24% Target IRR 37%
Investors 14 Watchers 22

The Opportunity

Elite Coffee Limited (“Elite”) currently operates a leading coffee franchise at the ExCeL Centre in East London. This unit was opened two years ago, and since then, the management team has formed a close relationship with the franchisor. Elite is now seeking £1.1m of equity investment to part fund the roll-out of 20 new franchise units in East London over the next five years. Elite has been granted the franchise territory of East London and Essex and has identified 6 new locations, the first of which has already opened in early November 2017. An additional fundraise of £1.25m is anticipated in late-2018, which is likely to be predominantly, if not fully, in the form of debt.


Based on the Base Case exit assumptions in 2022, the equity investment offers the prospect of a 4.1x money return – increasing to 5.8x after EIS income tax relief is taken into consideration.

Invest in a leading coffee franchise


Management

The founding directors, Paul Harbottle and Steve Evans, have extensive experience in the hospitality industry. They have managed multi-site bar and restaurant businesses for major players and have been responsible for a number of roll-out programmes.

Current status

The first new store opened in early Nov 2017 and Elite has already identified five more greenfield franchise sites in the designated territory. These new sites include prestigious new commercial/residential property developments. The new openings are planned at the rate of 4/5 per annum.


Target EBITDA Exit Multiple

x8

Target Exit Money Multiple

x4.1

Target IRR

37%




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EQUITY    Closing date: TBC

Offer name:Elite Coffee Limited

Website:

Address: Holywell Farm
Thornton Road
Nash
MK17 OEY

Company no: 10197096

Incorporated: 24/05/16

Social sites:



Companies House data



Important Information

This financial promotion is directed exclusively at and intended to be used only by those persons either categorised as a Certified or Self-certified as Sophisticated Investor or High Net Worth Investor for the purposes of FSMA 2000 or retail investors who are certified as “restricted investors” defined by the FCA as an individual who has not invested more than 10 per cent of their net assets in non-readily realisable securities. Please note that the material on this website is for general information only and should not be regarded as constituting an offer or a solicitation to buy or sell any securities, or investment advice. It is not directed to any person where (by reason of nationality, residence or otherwise) the availability of the website is prohibited. Growthdeck Limited [FRN: 731176] is an Appointed Representative of Nash & Co Capital Limited [FRN: 196124] which is authorised and regulated by the Financial Conduct Authority in the UK.

Please note

We want our investors to be fully aware of the downsides of equity investing as well as the potential benefits. It's therefore important to realise that investing in small companies always carries risks, including the loss of capital, illiquidity (the inability to sell assets quickly or without substantial loss in value), lack of dividends and share dilution. Equity investments should still be made as part of a diversified portfolio. Read our full Risk Warning