ao link

You are viewing 1 of your 2 articles

To continue reading register for free, or if you’re already a member login

 

Register  Login

Salt Bae’s Nusr-Et London turns over £7m in first 14 weeks

Salt Bae’s Nusr-Et London in the Park Tower Knightsbridge turned over more than £7m in its first 14 weeks of trading, accounts filed with Companies House have revealed.

 

The opening from Turkish chef Nusret Gökçe, nicknamed ‘Salt Bae' after his flamboyant meat seasoning antics turned him into a social media star, had been planned for several years before the doors finally opened.

 

The buzz and pricing (a giant tomahawk steak will set diners back £630), generated countless media headlines, which clearly translated into roaring trade.

 

In just over three months, from 23 September 2021 to 31 December 2021, Nusr-Et turned over £7,028,266, with earnings before interest, taxes, depreciation, and amortisation of £2.8m and pre-tax profits of £2.2m.

 

In its accounts the company said: “The company has performed higher than the expected results for the last quarter of the year and the directors believe that the company will be able to continue to trade for the foreseeable future based on the profits generated during the year and management’s thorough review of cash flows.”

 

The results were achieved despite the impact of Omicron, which disrupted hospitality trading over the vital Christmas period.

 

Nusr-Et London is owned by parent company Dogus International, which does not list Gökçe as a director. It was the group’s first opening in the UK, following restaurants in Turkey, Dubai, Abu Dhabi and America.

 

Photo: www.nusr-et.com.tr/locations/

Plant-Based World Expo

Plant-Based World Expo

Social Media Summit 2024

Social Media Summit 2024

Hotel Cateys

Hotel Cateys

Best Places to Work in Hospitality 2025

Best Places to Work in Hospitality 2025

Queen's Awards for Enterprise

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

Jacobs Media

Jacobs Media is a company registered in England and Wales, company number 08713328. 3rd Floor, 52 Grosvenor Gardens, London SW1W 0AU.
© 2024 Jacobs Media