OVERVIEW:

Licensing of branded restaurants with a rapid crepe restoration system. Crêpe affaire wants to become a scalable lifestyle brand.

RANGE OF PRODUCTS:

Large range of salty and sweet crepes, with vegan and gluten free options.

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FINANCIALS:

FY21a ROI of 58%

FY21a store revenue sales per sqft: $800-2.800

FY21a EBITDA (at store level): 15-30%

24 restaurants in 2022

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MARKET:

The UK restaurant market was valued at £9.3Bn in 2020 and the expected value in 2025 is £19,2Bn with a CAGR 20-25 of +15,6%.

The global market for crêpes and pancakes is growing, especially with online delivery; worldwide revenue in the online food delivery segment is projected to reach US$151.526m in 2021, and is expected to show an annual growth rate (CAGR 2021-2024).

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GEOGRAPHY:

UK, Kuwait, Netherlands, and Saudi Arabia

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