10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Farmer J increases turnover and halves losses as it continues to expand

  • Restaurant
  • 2 October 2024
  • 1 minute read
Total
0
Shares
0
0
0

This article was written by Restaurant Online Magazine. Click here to read the original article

image

Turnover at the health-focused QSR brand rose to £17.9m for the 52 weeks to 31 December 2023, compared to £11.1m the previous year, with loss after tax for the period standing at £703,000, compared to a loss of £1.36m year before.

“We have seen office workers return to London which has supported the growth of the business,” says Farmer J founder Jonathan Recanati in the company’s latest financial report.

“While we saw a period of significant inflationary pressures following the Covid-19 pandemic, Brexit, and the war in Ukraine, we now see a path to a more stable environment.”

Farmer J operates 11 sites across the capital and says it is in advanced legals on a number of sites. It hopes to reach 14 sites by the year end and expects to operate more than 20 sites in 2025.

In addition, the group is looking to expand into the US.

Launched in 2014, Farmer J benefited for a £5.5m investment​​ from transatlantic venture capital firm Beringea earlier this year, which it says will be used to expand the brand.

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Categorizing...

Elevate the Next-Gen Guest Experience

  • Automatic
  • 5 June 2025
View Post
  • Categorizing...

Adding value beyond the brand in residences

  • Eloise Hanson
  • 4 June 2025
View Post
  • Categorizing...

Ritz-Carlton debuts its first Reserve property in Central and South America

  • Denis Stackeusky
  • 4 June 2025
View Post
  • Categorizing...

The Ritz-Carlton Maldives, Fari Islands welcomes new GM

  • Tatiana Valenzuela
  • 4 June 2025
View Post
  • Categorizing...

Barry Sternlicht created W Hotels. He now urges caution for the big brands.

  • David Eisen
  • 4 June 2025
View Post
  • Categorizing...

Ennismore expands its presence in the Americas

  • Claudia Schergna
  • 4 June 2025
View Post
  • Categorizing...

Nobu opens first hotel in Canada with launch of Nobu Hotel Toronto

  • Claudia Schergna
  • 4 June 2025
View Post
  • Categorizing...

Think Like An Owner, Act Like A GM – Josiah Mackenzie

  • Josiah Mackenzie
  • 4 June 2025
Sponsored Posts
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers

    View Post
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ

    View Post
  • Day & Night: The Bold Rebranding Powering Shiji’s Presence in Global Hospitality Tech

    View Post
Last Posts
  • Hyatt’s Inclusive Collection Expands Portfolio in St. Lucia with Secrets St. Lucia Resort & Spa
    • 5 June 2025
  • AI search optimization: Turning Search Engines to Answer Engines
    • 5 June 2025
  • The Hospitality Show opens registration for 2025 event, unveils new features to help hotels drive profitability
    • 5 June 2025
  • Delivering world-class service: Lessons in global luxury hospitality
    • 5 June 2025
  • Is last-minute discounting good or bad for hoteliers?
    • 5 June 2025
Sponsors
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ
  • Day & Night: The Bold Rebranding Powering Shiji’s Presence in Global Hospitality Tech
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.