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What Income Does Georgian Brand Entrée Have?

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BM.GE
13.11.19 18:16
927
Entrée has been formed as one of the successful fast food chain of Georgia through the last years. According to the financial reported, published by cafeteria, total revenues have made up 16.47 million GEL in 2018.

According to the document, operating expenditures of the chain total to 8.2 million GEL, non-operating income - 317 thousand GEL, non-operating expenses - 856 thousand GEL. The company generated net profit of 561 thousand GEL during 2018.

As of 2018, asset cost of Entrée amounts to 8.56 million GEL.

According to the financial report, company’s wage expenditure has made up 3.9 million GEL in the last year, leasing expenditure has been 1.2 million GEL.

To note, Entrée already operates on the Azerbaijan market. Namely, 4 cafeterias are already presented in Baku. Entrée holds 15 cafeterias in Tbilisi