Pasty Presto has opened two stores, after securing £1.5m of bank funding, and is on course to open a further five this year, taking the pasty and coffee shop chain to a total of 30 outlets.
The Bath-based business has opened new outlets at Gloucester Quays Designer Outlet and Extra motorway services on the M40 near Beaconsfield - its first in the travel-retail sector. It is also due to open a franchised outlet on Guernsey next month as part of a deal with Channel Island retail operator SandpiperCI that will see two more franchised Pasty Presto stores launched in Jersey next year.
MD Steve Grocutt, who founded the firm in 1994 with a shop in Mevagissey in Cornwall, told British Baker he expected to have 30 shops in the UK by the end of the year, with motorway services and other travel locations a key area for expansion over high street sites. "The recession has hit the high street hard, so we are only considering a select number of towns with a strong tourist trade," he said.
Pasty Presto’s pasties are made to a bespoke recipe by Proper Cornish, with Viennoiserie from French producer Bridor.