Discover How Savory is Revolutionizing the Asian Street Food Scene with Exciting New Investments

Savory Fund is excited to support Hawkers, an Asian street food brand that began in 2011 in Orlando and has grown to 15 locations across the Southeast and Texas. Known for its vibrant atmosphere and delicious food inspired by traditional Asian hawker stalls, Hawkers has built a loyal customer base.

Andrew K. Smith, co-founder of Savory Fund, praises Hawkers for its unique charm and customer loyalty. He feels that the brand’s strong cultural connection is something special that can be further developed. The restaurant sees impressive numbers, with each location averaging $4.6 million in sales and earning a stellar guest satisfaction score of 4.8 stars. Over half of the customers return multiple times each year, showcasing the brand’s popularity.

Hawkers plans to grow its presence in key cities like Orlando, Washington D.C., Atlanta, Dallas, Charlotte, and Nashville. This expansion aligns with their goal of enhancing their reach and solidifying their brand even further.

Interestingly, just last February, Hawkers successfully exited Chapter 11 bankruptcy after restructuring its loans. This comeback story highlights the resilience of the brand. As they move forward, their focus is on maintaining the heart and energy that makes them unique.

Savory Fund has also invested in other concepts like South Block, known for acai bowls and smoothies, and Bonrue Bakery.

In today’s market, brands that can foster a strong community connection often see greater success. According to recent data from the National Restaurant Association, 60% of consumers are drawn to restaurants that prioritize local ingredients and cultural authenticity. Hawkers seems to be in a strong position to thrive in this environment.

Hawkers not only serves delightful meals but also creates an experience that resonates with its customers. With this new investment and expansion strategy, it looks set for an exciting journey ahead.

For more information on this growing trend of cultural dining experiences, you can check out the National Restaurant Association’s findings here.

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