Giggling Squid Spreads Tentacles to Stratford-upon-Avon, Maidstone and Marlow

Giggling Squid, the rapidly expanding chain of Thai restaurants, has secured three new sites, including its first in the Midlands, as part of its quest to become the first national Thai chain.

Giggling Squid

The most recent launch, Reigate, which has been turning away customers, since it first opened its doors on 17th July, with queues forming down the High Street a common sight.

Contracts have been signed on locations in Stratford-upon-Avon, Maidstone and Marlow which will add to the six-strong portfolio in Brighton, Hove, Crawley, Henley, Tunbridge Wells and Reigate.

The company has secured the former Strada site in Stratford-upon-Avon in Warwickshire, a prime 4250 square feet unit on Earl Street in Maidstone and the former Pachanga’s Mexican restaurant adjacent to Sainsbury on West Street in Marlow.

Marlow and Stratford are both expected to open late 2013.

Maidstone, a former members club and snooker venue, with 200 inside covers and a further 60 outside, is planned to become the chain’s tenth – and largest site – when it opens in early 2014.

Advanced negotiations are also taking place over a further site in Horsham, West Sussex.

The company, which was established in 2008, has received preliminary approaches from a number of private equity firms but will continue to fund expansion using profits and bank borrowings for the foreseeable future.

The company expects to open between six and eight new sites in the fiscal year to April 2015, on its journey to become an 80-strong chain within 7 years.

Giggling Squid logo

Giggling Squid,   23 High Street Stratford CV37 6AU

24 West Street, Marlow SL7 2BP

33 Earl Street , Maidstone ME14 1PF

info@Gigglingsquid.com @GigglingSquid www.gigglingsquid.com

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