April 27, 2024

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Akis Petretzikis: The closing in the Kitchen Lab and the company’s income

Akis Petretzikis: The closing in the Kitchen Lab and the company’s income

He has been described as the Greek Jamie Oliver, who even in 2015 offered to cook moussaka on his YouTube channel. Akis Petretzikis is always at the center of current events, with a permanent presence on Greek TV, a strong presence on social media, seminars and many businesses operating from book publishing to food sales, restaurants, household goods, kitchen appliances, electrical appliances and now also management services Real estate, for holding events eg weddings and related events.

However, after a career of 5 years of success, the well-known chef decided to dissolve the catering company he founded under the name Kitchen Lab, closing its three stores in Glyfada and Agia Paraskevi as well as Kitchen Lab Corner in Syntagma.

the reasons

The figures behind the balance sheets of Akis Petretzikis’ companies did not foreshadow a negative development, therefore, the reasons for the first Greek MasterChef to close its restaurants are still unknown.

Huge financial figures…

Akis Petretzikis Monoprosopi EPE is the cornerstone of the group of companies built by the well-known chef. The company in question shows a steady upward trend in recent years and despite the stone years of the pandemic and lockdowns. In particular, the turnover of Akis Petretzikis Monoprosopi EPE from 2.5 million euros in 2019 was 3.2 million euros in 2020, while in 2021 it was 4.16 million euros, an increase of 28.4% compared to 2020.

Even more impressive is the company’s progress in terms of profitability.

Specifically, profit before tax in 2021 amounted to 2.22 million euros, more than double compared to 2020, when it rose to 942 thousand euros.

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Results after tax more than doubled in the same period, standing in 2021 to €1.74 million from €725,000 in 2020.

In fact, the company has increased its staff from 39 people before the pandemic to 52 at the end of 2021.

The secret of closing

like OT wrote already, maybe “The Secret” Being in the process of changing the articles of association of AKIS PETRETZIKIS ESHOP EE on May 4, 2023, as already mentioned, the purpose of its activity is “enriched” with “services for organizing entertainment events (such as weddings and related) and real estate management services, for holding events (such as parties Wedding and related) ‘, but also with the creation of Akis Petretzikis Hub Sole Proprietorship, whose objective is the TV producers sector.

Akis Petretzikis Hub Monoprosopi IKE has a share capital of €530,000 and the sole shareholder is Akis Petretzikis Monoprosopi EPE.

In contrast to the “pioneer” Akis Petretzikis Sole Proprietorship Ltd. Burger Ap Sole Proprietorship IKE, with sole partner Georgios Evlabios Petretzikis, showed a turnover of €505 thousand in 2021 from €577 thousand in 2020, with results after taxes decreasing in 2021 to €39.3 thousand from €86.3 thousand in 2020 .

Also, the single kitchen course IKE wasn’t particularly good.

During the fiscal year 2021, the company showed a sales volume of 894.8 thousand euros, compared to 911.6 thousand euros in 2020, and profits before taxes of 134 thousand euros, compared to 81 thousand euros in 2020.

Despite the decline in sales, profits showed a significant increase (+65%), reaching €134,000 from €81,000 in 2020.

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It is noteworthy that the company’s sales volume jumped to 1.5 million euros in 2019 from only 224 thousand euros in 2018.

source: Ot.gr

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