Xavi Restaurants Ltd Founding Story

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TopnotchMilkyWay
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Who founded 'Xavi Restaurants Ltd'?

Pep Benitez

Where was the first 'Xavi Restaurant' opened?

Cambridge

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?

Opening a new restaurant every year for the next 5 years

What was the estimated start-up cost for opening the first location in central London?

£1.2 million

What was the bank's offer to Pep Benitez for funding the first location in central London?

A five year loan with a fixed annual interest rate of 12.8% for two-thirds of the amount

Learn about the founding story of Xavi Restaurants Ltd by Pep Benitez in 2010. Discover how he aimed to create authentic Spanish dining experiences and successfully opened his first restaurant in Cambridge in 2011 through crowdfunding.

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