UK Food Tech Firm Growth Kitchen Aims for £100 Million Annual Sales in Expansion

A UK food technology company called Growth Kitchen has announced plans to achieve more than £100 million in annual sales within the next three to five years. The firm supports restaurant brands in expanding their delivery services nationwide by utilizing shared kitchen spaces in existing establishments.

This approach allows brands to access new markets without investing in physical locations, addressing cost pressures in the hospitality industry. Co-founders Mate Kun and Tom Gatz established Growth Kitchen to facilitate this model. ' The company recently added national chains such as Tortilla, Coco di Mama, and Little Dessert Shop to its partners, which already include The Athenian, Gourmet Burger Kitchen, Coqfighter, and Beer & Burger.

Growth Kitchen has expanded its network to 150 host kitchen partners, processing over one million orders annually. The firm more than doubled its turnover last year and is on track for approximately £30 million in sales this year. To reach the £100 million target, it plans to add more restaurant brands and double the number of host sites to 300.

Restaurant brands supply their recipes, menus, and operational standards, while Growth Kitchen handles the launch process, including sourcing and training host kitchens and integrating with delivery platforms Deliveroo, Uber Eats, and Just Eat. The company uses an artificial intelligence-driven platform to optimize delivery performance.

Host kitchens benefit by utilizing unused space and earning a share of order revenues, without charging rent to the brands.

Tom Gatz noted that the growth in food delivery has driven demand for the service, with current economic conditions in the hospitality sector contributing as well. He stated that restaurant brands view this as a long-term opportunity to scale operations, despite challenges like rising wage, energy, and food costs linked to the Iran war.

The company is currently focused on UK expansion but aims to enter markets in the Americas or Europe in coming years.