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Retail & Consumer

Retro arcade bar chain NQ64 reveals plans to open in 11 more º£½ÇÊÓÆµ cities

NQ64 has secured £2.5million funding to accelerate its business roll-out plans

NQ64 pictured on opening in Newcastle(Image: Craig Connor/ChronicleLive)

Retro arcade cocktail bar chain NQ64 has secured £2.5milllion to roll out in more º£½ÇÊÓÆµ cities.

Founded in 2019 by Andy Haygarth and Matt Robson, NQ64 has grown from its original site in Manchester’s Northern Quarter, to nine retro gaming bars across the º£½ÇÊÓÆµ.

The £2.5million from ThinCats will accelerate expansion plans by NQ64, which is already backed by Imbiba, to Leeds, Birmingham, Bristol, Bath, Nottingham, Reading, Belfast, Sheffield, Aberdeen, Brighton as well as further London sites following its successful opening in Soho earlier this year.

Mr Haygarth said: “We are really excited about the next phase of growth. With the backing of Imbiba and our new partnership with ThinCats, we are looking forward to bringing our neon splattered drinking dens to a host of new guests. We generally now invest between £500,000 and £1m into the build of a new site.”

The concept combines arcade games and classic consoles, with a drinks list of specially selected craft beer, themed cocktails and soda.

NQ64 is on the hunt for new venues of between 4,000 and 10,000 square foot. The concept can trade in ground, basement or first floor locations and will pay an 'appropriate premium' for late licensed sites in prime locations.

Andrew Stones, partner at Imbiba, added: “Andy and Matt have built a really interesting and unique concept, and we are seeing plenty of great opportunities to expand the footprint throughout the º£½ÇÊÓÆµ. It's great to be supporting such an awesome young business on this journey.”