Jason Katz, the Founder of private equity firm Kings Park Capital, has said that he expects healthy food chain Abokado to rapidly expand in the UK.
Speaking at last week’s Propel Multi Club conference, Katz explained that his firm invested in the quick restaurant (QSR) concept three years ago and had helped expand the estate from five to 15 units. “From now on there will be one a month opening across the UK,” he said. “It is focused on the lunchtime office market and we think it has a differentiated range of products.”
Founded in 2004 by Mark Lilley, Abokado now has 15 sites in London which focus on freshly made, healthy food which is served quickly.