Editing Herbivore Restaurants

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== Summary<ref name=":0">Source: the company.</ref> ==
With two profitable sites in Cambridge & London, Stem & Glory is a multi award winning plant-based restaurant brand. With 88% increase in turnover post pandemic, they are raising investment to help fuel their next site opening at London’s Broadgate, and the development of their supermarket ready meal range.
With two profitable sites in Cambridge & London, Stem & Glory is a multi award winning plant-based restaurant brand. With 88% increase in turnover post pandemic, they are raising investment to help fuel their next site opening at London’s Broadgate, and the development of their supermarket ready meal range.


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* Won 'Best Enterprising Business' at the National SME Awards Dec 2021.
* Won 'Best Enterprising Business' at the National SME Awards Dec 2021.


==Operatios<ref name=":0" />==
==Idea==


<vimeo>665207748</vimeo>
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Sales Jul-Nov21 are 88% up from Jul-Nov19 (Rev Dec20 - Nov21 £1,051,616 & EBITDA £106,124). The London and Cambridge sites have a combined EBITDA for the same period of £122k. As a result of the pandemic we took the decision to relocate the Cambridge site, and since opening in July 2021 it has seen 122% net sales growth versus old site (Jul-Nov19 v Jul-Nov21) and was profitable in first full month of trading.
Sales Jul-Nov21 are 88% up from Jul-Nov19 (Rev Dec20 - Nov21 £1,051,616 & EBITDA £106,124). The London and Cambridge sites have a combined EBITDA for the same period of £122k. As a result of the pandemic we took the decision to relocate the Cambridge site, and since opening in July 2021 it has seen 122% net sales growth versus old site (Jul-Nov19 v Jul-Nov21) and was profitable in first full month of trading.


==Team<ref name=":0" />==
==Team==


'''Louise Palmer-Masterton - CEO'''
Louise Palmer-Masterton - CEO


Louise is a long term vegan & a serial entrepreneur who successfully exited her previous multi site business, selling it in its entirety in 2019. Louise was the Cambridge SME Awards Business Woman of the year in 2021, and has led Stem & Glory to multiple award wins & multiple successful Crowdfunding rounds, raising in excess of £1.2M to date.
Louise is a long term vegan & a serial entrepreneur who successfully exited her previous multi site business, selling it in its entirety in 2019. Louise was the Cambridge SME Awards Business Woman of the year in 2021, and has led Stem & Glory to multiple award wins & multiple successful Crowdfunding rounds, raising in excess of £1.2M to date.


'''Jim Masters - COO'''
Jim Masters - COO


Jim was a director of probably the world’s most successful nightclub, the Ministry of Sound and is a formidable force in hospitality with a 20 year history as a promoter in the UK club scene. Jim has visited the world’s finest restaurants, and his knowledge and fine palate, not to mention his conviviality, make him well placed to deliver high standards.
Jim was a director of probably the world’s most successful nightclub, the Ministry of Sound and is a formidable force in hospitality with a 20 year history as a promoter in the UK club scene. Jim has visited the world’s finest restaurants, and his knowledge and fine palate, not to mention his conviviality, make him well placed to deliver high standards.


'''Ed al Subaei - Head of Food Development & Executive Head Chef'''
Ed al Subaei - Head of Food Development & Executive Head Chef


Ed managed the kitchen operations launch of Tanya's Kitchen & Simple Health Kitchen, all of which are an ongoing success. Ed was the OCS Chef of the Year in 2009 & Senior/Head Chef at Absolute Taste/McLaren.
Ed managed the kitchen operations launch of Tanya's Kitchen & Simple Health Kitchen, all of which are an ongoing success. Ed was the OCS Chef of the Year in 2009 & Senior/Head Chef at Absolute Taste/McLaren.


'''Mike Tibbetts - Portfolio CFO (Part-Time)'''
Mike Tibbetts - Portfolio CFO (Part-Time)


As part of the CFO Centre Mike works with a portfolio of high growth SME clients across a range of industries, with particular expertise in management information, budgeting & forecasting and technology enabled business operations. His sector experience includes professional services, manufacturing, hospitality & retail.
As part of the CFO Centre Mike works with a portfolio of high growth SME clients across a range of industries, with particular expertise in management information, budgeting & forecasting and technology enabled business operations. His sector experience includes professional services, manufacturing, hospitality & retail.
== References and notes ==
[[Category:Thesis]]
[[Category:Thesis]]
[[Category:Equities]]
[[Category:Equities]]


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