Opening of four new Revolución de Cubas

RNS Number : 4733Q

Revolution Bars Group

30 November 2016

 

Revolution Bars Group plc (LSE:  RBG)

("the Company" or "the Group"))

Four new Revolución de Cubas open in time for the festive season

Revolution Bars Group plc, the operator of the Revolution and Revolución de Cuba brands announces today that it will have successfully opened four Revolución de Cuba bars in the last eight weeks of 2016 as part of its stated expansion plans to open five new sites per financial year. The Revolución de Cuba brand is driven by premium Cuban rums and creative, handmade cocktails, with food influences from across Latin America.   

These openings are strategically timed to benefit from the festive season. Reading, Aberdeen and Harrogate have now opened and a further Revolución de Cuba is set to open mid-December in Glasgow which takes the number of bars in Scotland to five.  Currently, Revolution Bars Group's estate totals 65 bars with 12 Revolución de Cubas and 53 Revolution bars. Overall, this expansion creates in excess of 400 new jobs.

Revolución de Cuba, Reading

The most recent opening, Revolución de Cuba, Reading, opened its doors on 24 November, 2016. Boasting 5700 square feet across two floors this 170-cover site features a retractable roof on the first floor, which will be used year round to accommodate 40 additional covers with a heated terrace. It complements the Revolution that has operated in Reading for a number of years.

Revolución de Cuba, Harrogate

Situated in the heart of Harrogate, Revolución de Cuba is located in a totally transformed building and opened on 14^th October. It is positioned on Parliament Street in the centre of the dining quarter of this affluent Yorkshire town and spans 3100 square feet over two floors.

Revolución de Cuba, Aberdeen

Located within the Academy Centre Courtyard, Revolución de Cuba Aberdeen opened on 18^th November.  It operates within a landmark listed building and a 5200 square foot site with 130 covers and has an outdoor bandstand enabling another 40 covers. This will be the fourth bar in Scotland that Revolution Bars Group has opened with the others in Edinburgh, and a Revolución da Cuba and a Revolution in Glasgow.

Revolución de Cuba, Glasgow

In Mid-December, Revolution Bars Group will open a further new 4300 square foot site in Glasgow which features 100 covers and 300 square feet of external seating, close to Queen Street, under the Revolución de Cuba brand the second opening in Scotland in a month, increasing the Scottish estate to five.

Mark McQuater, CEO said:

"Our stated strategy is to open 5 new bars each year. We will have opened four new Revolución de Cubas in the last 8 weeks and more than doubled the number of Revolución de Cubas, now 12 bars, in little over 18 months, a testament to the strength of the concept and brand. The early opening profile in H1 will benefit the Company for the year to come. Looking ahead we have a strong pipeline of sites."

30 November 2016

For further information:

Revolution Bars Group plc                                                      Tel:  [phone]

Mark McQuater, Chief Executive

Chris Chambers, Chief Financial officer

Instinctif Partners                                                                    Tel:  [phone]

Matthew Smallwood /Justine Warren                                          

Notes to editors

Revolution Bars Group is listed on the Main Market of the London Stock Exchange.

It operates two distinct brands: Revolution and Revolución de Cuba.

Revolution bars have been trading since 1996 and are a destination of choice for customers who value a premium drinks and food-led offering. Revolución de Cuba was established in 2011 and is inspired by Latin American and Cuban themes with a rum led cocktail range, Spanish and Mexican beers, a Spanish and Latin American food menu and live entertainment such as salsa dancers.

 

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