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Questions and Answers
Who founded 'Xavi Restaurants Ltd'?
Who founded 'Xavi Restaurants Ltd'?
Pep Benitez
Where was the first 'Xavi Restaurant' opened?
Where was the first 'Xavi Restaurant' opened?
Cambridge
How did Pep Benitez fund the first restaurant?
How did Pep Benitez fund the first restaurant?
Through a successful crowd funding campaign
What was Pep Benitez's objective for the business in terms of expansion?
What was Pep Benitez's objective for the business in terms of expansion?
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What was the estimated start-up cost for opening the first location in central London?
What was the estimated start-up cost for opening the first location in central London?
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What was the bank's offer to Pep Benitez for funding the first location in central London?
What was the bank's offer to Pep Benitez for funding the first location in central London?
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Study Notes
Xavi Restaurants Ltd. Founder
- Pep Benitez founded Xavi Restaurants Ltd.
First Xavi Restaurant Location
- The first Xavi Restaurant was opened in central London.
Funding the First Restaurant
- Pep Benitez used his own savings to fund the first restaurant.
Business Expansion Objective
- Pep Benitez aimed to expand the Xavi Restaurant chain across major cities in the UK.
Estimated Startup Cost
- The estimated cost to open the first restaurant in central London was £500,000.
Bank Funding Offer
- The bank offered Pep Benitez a £300,000 loan to fund the first restaurant.
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