Manchester Evening News - - PUZZLES & STARS -

Bored of the themed restau­rants pos­ing as South Amer­i­can gau­cho, To­mas Mau­nier and Robert Mel­man de­cided to give Bri­tain a taste of the real Rio and Sao Paulo.

“No samba dancers, but the best cuts of meat and great wines,” says Mau­nier. They opened their first Fazenda in Leeds back in 2010. “Peo­ple said we were crazy when we launched out­side Lon­don,” says Mau­nier. “But we were do­ing some­thing unique and within a few months, it was bustling.”

They opened their sec­ond restau­rant three years later in Liver­pool, with its Manchester Spin­ning­fields site fol­low­ing in 2014. The brand cur­rently boasts a growth rate of 16pc.

But, that is set to sky­rocket in 2018. “We are opening three Fazen­das next year, start­ing with Ed­in­burgh,” says Mau­nier. Along­side the Fazenda con­cept, the pair has also cre­ated a pared down ver­sion, called Pi­canha, which has launched in Ch­ester. The se­cret to Fazenda’s suc­cess is that it has been de­signed for re­turn cus­tom, claims Mau­nier.

“70pc of our busi­ness is re­peat clien­tele.”

The only po­ten­tial bump in the road is the pos­si­ble ban on Euro­pean work­ers. Mau­nier says: “We rely on both Euro­pean and non-Euro­pean labour, but we’re not going to let any­thing af­fect our long-term growth plans.” LIKE many North­ern cities, Manchester has changed dra­mat­i­cally over the past 50 years, mov­ing away from its tra­di­tional in­dus­trial roots to more of a ser­vice-based econ­omy.

We love in­vest­ing in a di­ver­si­fied range of busi­nesses, and Manchester of­fers just that. For ex­am­ple, right now, cre­ative me­dia busi­nesses are thriv­ing here, partly be­cause of the re­lo­ca­tion of the BBC to Me­dia City. There are also lots of tech­nol­ogy and soft­ware busi­nesses here be­cause of the strong in­no­va­tion and univer­sity links.

Over the past 12 months alone we’ve backed five new man­age­ment teams in the re­gion, in­vest­ing £90m in the North West. One of those in­vest­ments is Hill Bis­cuits, where we backed a man­age­ment buy­out ear­lier this year and helped the 150-year-old busi­ness to ex­pand its pro­duc­tion ca­pa­bil­i­ties.

We pride our­selves on help­ing fast-growth busi­nesses to reach their goals more quickly. Be this through adding value through our in-house con­sul­tancy team, or sup­port­ing growth through strate­gies such as buy-and-build.

We are a like-minded part­ner than can give en­trepreneurs the con­fi­dence to in­vest in growth.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.