Native Foods Cafe raises $15 million to feed expansion

SHARE Native Foods Cafe raises $15 million to feed expansion

Vegan restaurant chain Native Foods Cafe has raised $15 million to help fund a national expansion effort. Private-equity firms Lauren Crown Partners LLC and Huntington Capital LP ponied up the money, reports.

Native Foods, which raised $10 million in late 2012, has five fast-casual restaurants in the Chicago area. Overall, the chain has 16 restaurants across four states. The company hopes to open a dozen restaurants this year and have more than 200 in five years.

This really accelerates our expansion, said Daniel Dolan, chairman and chief executive officer of Native Foods. In the second half of the year, we’ll open one (restaurant) about every three weeks and by January, we’ll start opening two a month.


Post by Native Foods.via

The Latest
Lawyers for the Creative Arts and the Arts & Business Council of Chicago said they will combine to better serve Illinois arts organizations.
The Supreme Court will hear arguments involving the federal case charging Donald Trump with illegally trying to remain in office after he lost the 2020 presidential election.
Actualmente, incluso cuando una superviviente puede demostrar ante un juez que está en peligro, la ley deja en manos de su agresor la decisión de entregar las armas. Esto es absurdo.
The judge presiding over the case of Labar “Bro Man” Spann said prosecutors made an “extraordinary” disclosure about a sentencing promise made by one of their former colleagues.
The plans, according to the team, will include additional green and open space with access to the lakefront and the Museum Campus, which Bears President Kevin Warren called “the most attractive footprint in the world.”