The Leeds based artisan dessert retailer plans to double its outlets and staff within three years.
The company, which launched just five years ago, currently has 25 sites across the UK, including in Yorkshire, Scotland, the North West, Midlands, and London.
Its kiosks, food court outlets and shops stock fresh brownies, doughnuts and cookies handcrafted daily by bakeries based in the region. Batch’d also sells milkshakes, ice cream and speciality drinks.
Batch’d is aiming to have 50 sites by 2029 and is set to increase its workforce from 145 to 300 in the next three years. The number of jobs in its supply chain – which is predominantly based in the region – has already grown and is expected to increase further as part of the company’s expansion.
With additional online sales, Batch’d expects to grow turnover from £6.5 million to £20 million in the same period.
The ambitious goals come as the retailer secures £1.1 million in backing from Finance Yorkshire, which will be used to open more sites at shopping centres, travel hubs and on the high street.
Batch’d is also investing in standalone repurposed shipping containers which can be installed outdoors at retail parks and is developing an app to provide offers and loyalty schemes to customers.
“Our bakeries make quality artisanal products in Yorkshire which are delivered daily across the country. We work with our bakeries to innovate and develop new products, offering variety to customers which is what sets us apart from others in the bakery sector,” said Batch’d managing director Harry Clavane.
“Finance Yorkshire helps businesses like ours to grow and its investment will enable us to open more stores and create new jobs, both in Yorkshire and beyond.”
Finance Yorkshire is preparing to make further investments in 2025 after a positive review of its investment performance over the last three years during which 70 SMEs were supported, creating and safeguarding over 780 jobs and attracting £30m of private sector investment.
Investments from Finance Yorkshire’s growth, seedcorn and loan funds are expected to total £50 million by 2027, helping more SMEs across Yorkshire and Humber to grow.