Award-winning fast food chain aims to raise £1.5m through new retail bond scheme
Customers who invest in the Leon Restaurants bond scheme can expect a gross return of up to 15%
Leon Restaurants, the fast food chain with 13 sites across London and the south east, is aiming to open 10 more restaurants with the money raised from a new customer bond scheme.
It is hoped that the scheme, which offers customers a gross return of 10% for a £1,500 bond and 15% for a £5,000 investment, will raise around £1.5m for the award-winning company.
Founded in 2004, Leon aims to produce nutritious food at a budget and co-founder Henry Dimbleby feels confident that the latest strategy will help the chain’s continued development: “Our vision is to become an international fast food business, growing through franchise and owned stores.
“We would like to have a Leon on every high street in the UK but at the same time we will expand carefully and ensure we retain the quality which is at the heart of the brand.”
Fellow co-founder, John Vincent added: “Savers can’t get the rates, banks aren’t lending to businesses – and this is despite the government giving them money to do so. So let’s cut out the middle man.
“Our customers regularly send us emails asking us to open near their office or near their home. This is a way that customers can get us there and benefit financially too.”