Newcastle alcohol firm brews up new jobs with expansion plans
A North East alcohol company has announced that it is aiming to double its turnover and create more than a dozen jobs as it moves to new premises.
The Gin & Rum Warehouse, founded in Gosforth, is moving to a new 7,000 sq ft facility on the New York Industrial Estate in North Tyneside.
The business is aiming to create up to 14 new jobs ahead of the Christmas season, and has said that it expects to double its turnover from £1m to £2m.
The company is also set to launch on independent retailer platform, Not On The High Street.
Matthew Patterson, managing director at The Gin & Rum Warehouse, commented: “We work with innovative brands that regularly put out new flavours and variants, which creates continuing customer interest and demand, while our gift set collections are unique and exclusive to us.
“Excellent design is also extremely important in catching the eye of consumers in a market where the choice is almost endless, and the progress we’ve made so far suggests we’re making the right choices.
“We’ll be building up the team over the summer to ensure we’re ready for our second festive season and now have the space we need to keep growing the business and meeting customer demand.
“We’ve also got lots of ideas for new product lines, as well as wholesale and retail offerings, and want to be hitting the £2m turnover mark by this time next year.
“The RMT team is helping to ensure that our financial and technical infrastructure is robust enough to manage the growth that we’re expecting next year and beyond, and having their expertise on hand is already delivering tangible benefits to our business performance.”
Stephen Slater, director of commercial services at RMT Accountants, added: “The Gin & Rum Warehouse has had a phenomenal first year in business, but it’s really just the beginning for them and we’re excited to be part of delivering their growth strategy.”
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