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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

Barclays backs Coffee Masters with £700,000 funding

A hot drink specialist has secured £700,000 in investment to support its expansion into new premises.

Coffee Masters, which supplies restaurants, cafés, hotels and offices throughout the UK with coffee machines and beans and a wide range of other drinks and accompaniments, has moved to Salwarpe Business Park in Droitwich.

The company also runs barista training and has recently diversified into the retail market as demand has soared during the pandemic.

Established in 2014 by Alan York, Coffee Masters now employs ten staff and expects turnover to exceed £2.7 million this year.

He said: "Investing and expanding post-Brexit and during a pandemic has been challenging but we have continued to grow and diversify the business to meet these challenges.

"The retail business now accounts for around 40 per cent of our turnover as we identified the growth potential for direct-to-consumer sales during the pandemic as people worked from home and demand soared for quality coffee and advice.

"We are well positioned within a growing market, with a loyal client base and can use this investment to grow and diversify our business.

"Running a business is tough but the rewards far outweigh the downsides even after working long hours. The new investment has already created three new jobs and we still have another couple of vacancies in our warehouse."

Tom Moulsdale, business manager with Barclays which provided the funding, added: "As champions of local business, it is essential that we support local growing businesses such as Coffee Masters.

"Alan is a great example of an entrepreneur using their industry experience, passion and skills to develop a successful business."

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