Tortilla will also open up delivery-only kitchens
Tortilla, the Mexican food chain, is set to list on the AIM market in London.
In addition, it has confirmed plans to expand by adding 45 new restaurants over the next five years.
Currently the fast food company has 62 restaurants, of which 50 are in the UK.
Tortilla’s aim is to list on the AIM in order to capitalise on opportunities for growth.
The pandemic means the opportunity is there for expansion due to a “dramatically increased number of vacant units”.
Tortilla’s move will also include the opening of more delivery-only kitchens.
Richard Morris chief executive of Tortilla, said: “We are delighted to announce Tortilla’s intention to float on AIM, which marks an incredibly exciting milestone in our continued growth journey.”
“Since its launch in 2007, Tortilla has established a long-term track record of strong financial performance driven by considered expansion of the property portfolio and like-for-like growth.”
“The business has shown itself to be extraordinarily well positioned throughout the pandemic, as the Tortilla product proposition is well-suited to the growing delivery market and we have proved the brand’s flexibility to operate across a range of locations and formats, including smaller sites and cloud kitchens.”