Barburrito, the Mexican-style casual dining chain, is to reach six restaurants with the opening of a fourth outlet in Manchester.
The brand currently has five outlets in city centre shopping complexes, including three in Manchester, one in Liverpool and one in Leeds.
The company is also believed to be seeking a second round of funding of between £5m and £10m, as it plans between two and three more openings this year (including another site in Manchester), followed by a further six in 2011 as it branches out to Birmingham, Nottingham and London.
The growth could see the company increase its workforce from around 90 people to 200 by the end of next year, and annual turnover is expected to double to £3.6m by the end of September 2010.
The chain was founded by Morgan Davies and Paul Kilpatrick in November 2005 is and backed by fund management firm Cenhos.
Chaiman Richard O Sullivan said of the company's expansion plans in April that it was "a marathon not a sprint".
Martyn Leek is news editor of BigHospitality's sister title M&C Report.