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Home Business NewsBusinessBusiness Growth News Mexican restaurant chain Tortilla saw sales jump by more than a fifth despite the impact of strikes

Mexican restaurant chain Tortilla saw sales jump by more than a fifth despite the impact of strikes

by LLB Finance Reporter
9th Jan 23 1:03 pm

Mexican restaurant chain Tortilla said that in the 12 months to 1 January revenues grew by 20% to £57.7 million compared to the same period the previous year.

The revenue was boosted as the restaurant chain opened 18 new sites and that sales rose by over a fifth despite the strike action sweeping across the UK.

Tortilla told investors on Monday they have a “strong pipeline” of new venues which will open next year and there was a 16% rise in like-for-like sale the past quarter.

Chief executive Richard Morris said, “We have a proven and highly popular customer proposition.

“During difficult economic times, restaurants that offer great, consistent food at competitive price points will be the winners, and we sit comfortably in this space.

“We continued to achieve excellent strategic progress during 2022, in line with our long-term growth strategy.

“Looking ahead, we remain as motivated and enthusiastic as ever about Tortilla’s significant organic growth opportunities in the UK, with the added excitement of growing our already successful franchise partnerships, both in the UK and abroad.”

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