Loungers co-founder and chairman Alex Reilley has joined the board of Hubbox as non-executive chairman as the burger business looks to grow its estate to 20 sites in the next four years.
The West Country-based business, which was founded in 2003 by Richard Boon, has recently opened its sixth site in the former Las Iguanas site on Whiteladies Road in Bristol.
It is understood the group is on track to post a turnover of £6m in its current financial year ending December 2017, and is set to reach 10 sites towards the end of 2018.
“Being a Bristol boy and having followed and admired the growth of Loungers from the out-set, I was lucky to meet Alex and to find he was also a Hubbox fan,” says Boon.
“Along the way I often used him as a sounding board and his advice was always clear and on point. With Alex now as chairman we have formalised this arrangement and his guidance will be invaluable in our next stage of growth. I look forward to working with him and we are all delighted to have him on board.”
“Hubbox is a business I’ve been using as a customer for the last six years and I’ve got to know Richard very well during that time,” comments Reilley.
“The Hubbox proposition is very strong and there’s the foundations of a good, well-structured management team in place led by Richard, who has a very clear idea about where he wants to take the brand. The business has funding in place for growth and is supported by a knowledgeable and enthusiastic board all of which make Hubbox a very exciting business to be involved with.”
Current Hubbox non-executive chairman Mark Harper will remain on the board as a non-executive director.