The origin of this brand was in 1990 in Belgium, which today has expanded into a chain of more than 200 outlets across Europe, the Americas, the Middle East and Asia. The Headquarter of the Parent is in New York, US.
The Master Franchisor of Europe is looking to divest/sell its Spanish operations (Company) of this reputable F&B chain.
The Company has 6 outlets in Spain (5 in Madrid and 1 in Barcelona) all in PRIME locations. Each store offers a traditional, friendly, rustic wooden and a cozy high-end atmosphere.
The Company also offers catering services.
The Company has a Turnover of around EUR6mn and EUR300k of EBITDA, after implementing a cost reduction plan. Company expects further improvement in its performance. Buyer will benefit from economies of scale and better margins upon adding new outlets.
The products offered are all organic and gluten-free.
The products include: breakfast, bakery, salads, hot dishes, tartines, hot and cold drinks, alcoholic and non-alcoholic drinks, etc. Its in-house made bread remains the cornerstone of its menu since establishment.

Posted Jan 28, 2016

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