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.
- Won 'Most Investable Concept' Global Restaurant Investment Forum 2020.
- 88% Net Sales Growth Pre/post Pandemic with +£106.7k EBITDA Dec 20-Nov 21.
- New Site at London Broadgate Circle due to open in April 2022.
- Won 'Best Enterprising Business' at the National SME Awards Dec 2021.
Stem & Glory is a plant-based restaurant brand aiming to disrupt the casual dining scene with locations in Cambridge and London and a third site at London's Broadgate Circle due to open in April 2022.
Stem & Glory are also growing with direct to consumer products, like ready meals & retail merchandise, which they successfully piloted during the lockdowns.
Being outspoken champions on issues that are vital to our planet, economy & wellbeing, our restaurants are powered by 100% renewable energy & gas free kitchens. Sustainability is high on the agenda, from the providence of our produce to the up-cycled furniture, we have an ambitious net zero target.
We have won multiple awards, including 'Best Newcomer' in the Cambridge Food & Drink awards in 2017 & 'Best Vegan Restaurant in London'. Pitching Dragon's Den style at the Global Restaurant Investment Forum in Feb 2020, we won 'Most Investable Concept', and won 'Best Enterprising Business' at the National SME Awards in Dec 2021.
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.
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.
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.
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.
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.
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- Source: the company.