Tasty gets £2.5m finance boost

Tasty, the casual-dining group founded by serial restaurant entrepreneurs Adam and Sam Kaye, has today announced a new £2.5m banking agreement.

The three-year revolving deal will provide finance, in addition to the firm's existing cash resources, to allow continued expansion of Tasty's restaurant estate.

The company announced earlier this year that it was to convert three of its 18 restaurants to the Wildwood brand in 2012. Tasty operates a further six sites under the Dim T brand.

Tasty to convert three more restaurants to Wildwood format >>

Tasty profits rise sharply as it hits 15 sites >>

Wildwood owner Tasty in profit for first time >>

By Janie Manzoori-Stamford

E-mail your comments to Janie Manzoori-Stamford here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

Looking for a new job? Find your next job here with Catererandhotelkeeper.com jobs