The London-based group has trebled its number of kitchen units in operation in 2023 through the completion of new sites in Bermondsey and Sydenham.
A further site in southwest London is set to launch in the new year, at which point Karma Kitchens says it will have more than quadrupled in size within 12 months.
“It has truly been a landmark year for Karma Kitchen, we’re so proud to end it nearly four times bigger than we started it,” says founders Eccie and Gini Newton, who originally launched Karma Kitchen back in 2018.
All Karma Kitchen sites feature dozens of individual kitchen units, which are tailored for catering and manufacturing-led central production units designed to support restaurants, caterers, and food production and event companies..
As well as expanding its bricks and mortar footprint, the group has also grown its business through new brand partnerships with the likes of Deliverect and Marketman; senior hires such as Wendy Elzinga as head of operations, and Harriet Johns as a financial analyst; and the creation of a new financial product called Karma Credit.
Designed to make kitchen setup and scalability easier for hospitality businesses, Karma Credit helps Karma Kitchen tenants spread initial capital expenditure over a longer period of time.
“[This year's] growth has allowed us to do more as a business, with Karma Credit and new partnerships meaning more amazing operators are able to start and grow with us, with better targeted support for their unique needs,” continues Eccie and Gini.
“With more sites coming online in 2024, we have a great 12 months ahead of us, and we’re really excited by the planned growth and developing relationships with even more brilliant hospitality brands.”