In the wake of this move, the chain is due to be made up of 500 units.
“In early 2021, we started expansion in small cities as well. In this context, the business has changed radically. The growth pace is faster and this is why opening figures for this year are double. There’s demand for franchises, we have around 95% of units in a franchise system,” says Radu Savopol, cofounder of 5 to go.
In this context, the entrepreneur expects EUR23 million revenues at chain level in 2022, meaning 70% higher turnover on 2021.
And development does not stop here, with Radu Savopol aiming for the coffee shop chain to include 1,000 units in around four years.
While expansion mainly envisages opening new units in Romania, Radu Savopol also considers growing the business abroad.
(English version by Catalina Apostoiu)