Turnover: 89.4 million EUR (2022)

Country: France

  • A French tea house founded in 1986, Le Palais des thés specializes in direct imports of tea, mainly from China and India.
  • The company offers some twenty different infusions, plus discovery boxes. These products are sold mainly loose in metal tins or large bags. Some products are also sold in individual sachets.
  • the brand focuses on top-of-the-range quality.
  • The company has 63 boutiques in France and abroad.
  • The company also sells its products via its website.
  • The company was founded by François-Xavier Delmas

News

Palais des Thés wants to capitalize on teleworking 16/05/2023

  • Palais des Thés founded: 1986
  • Number of tea stores in France: 78
  • Franchises: just under half of all stores
  • New outlets opened: 1 per month
  • Number of additional outlets targeted by 2026: over 30
  • International outlets: 25 in Belgium, Georgia, Norway, etc.
  • Total sales in 2022 (including franchises): 89.4 million euros
  • Total sales growth in 2022: 12.6
  • Company sales for the year ending March 31, 2023: 64.2 million euros
  • Company sales growth for year ending March 31, 2023: 14.1

Palais des Thés plans to open 40 stores. 22/03/2022

  • Palais des Thés has 66 stores in France, 33 of which are franchises, and 23 stores abroad, 19 of which are franchises.
  • The aim is to open a further 40 stores by 2026.
  • The entry fee is 12,000 euros.
  • The contract is for 5 years.
  • The royalty is 3% of sales excluding VAT from the fourth year onwards.

april 29, 2020 - Le Palais des thés ranks 2nd in Capital's ranking of the best e-commerce sites in France in the teas and coffees category - source(Capital)

  • Rated 7.3/10
  • The rating is based on 6 criteria: site ergonomics, purchase security, payment and delivery methods offered, customer service and technical performance

march 22, 2017 - Le Palais des thés expands - source(AC Franchise)

  • The firm has chosen to expand in the form of a franchise in order to create a network throughout France
  • Tea consumption has increased by 60% in 20 years
  • The company is targeting a new clientele
  • Target: 9 new stores by 2018 and 30 new stores by 2022
  • Open stores in towns with more than 80,000 inhabitants, where purchasing power is high
  • Franchisees will be trained at the Tea School
  • 50% of sales from loose tea and 50% from pre-packaged products

Financial Data

DUNS: 339752636

Legal Name: LE PALAIS DES THES

Address: 64 RUE VIEILLE DU TEMPLE , 75003 PARIS 3

Number of employees: Entre 250 et 499 salariés (2021)

Capital: 585 296 EUR


Financial Data:

Year 2017 2016 2015
Turnover 20 467 547 25 477 366 23 024 927
Gross margin (€) 20 683 833 21 306 951 18 519 393
EBITDA (€) 1 753 158 2 454 812 3 394 975
Operating profit (€) 1 968 273 2 404 137 3 108 477
Net profit (€) 1 108 295 1 497 991 1 104 463
Turnover growth rate (%) -19,7 10,7 -
Ebitda margin rate (%) 8,6 9,6 14,7
Operating margin rate (%) 9,6 9,4 13,5
Working Capital (turnover days) 70,7 88,3 74,5
Working Capital requirements (turnover days) 4,3 76 63,5
Net margin (%) 5,4 5,9 4,8
Added value / Turnover (%) 69,8 47,8 50,4
Wages and social charges (€) 6 868 374 8 777 681 7 481 663
Salaries / Turnover (%) 33,6 34,5 32,5

Company Managers:

Position First Name Last Name Age Linkedin
Président du conseil d'administration Francois, Xavier Delmas 62
Directeur général Frederic Dieudonne 43
Administrateur Christophe Poupinel 56
Directeur général délégué,administrateur Mathias Minet 49

Studies mentioning this company

> Besoin de plus d'information sur cette entreprise (SWOT, PESTEL, son marché) ? Demandez à SectorGPT (gratuit)

 

Ask Sector-GPT  

Sector-GPT est la première IA dédiée aux informations sectorielles.