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 | |
---|---|---|---|---|
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
Other companies mentioned:
- Kusmi Tea ORIENTIS
- Le Palais des Thés
- Pages Infusions
- Les jardins de Gaïa (MAKA)
- Herbissima
- Thés de la Pagode
- Les Comptoirs Richard
- SCOP-TI
- George Cannon
- La Route des Comptoirs
- La compagnie coloniale
- Betjeman & Barton
- Comptoir Francais du thé
- JDE France (Jacobs Douwe Egberts)
- Lipton (Unilever)
- Tetley
- Twinings Foods International
- Yogi Tea
- La Tisanière
- Les 2 Marmottes
- Thés Éléphant (Scoop TI)
- Etienne Coffee & Shop
- Unilever
- Nestlé Groupe
- Maison Bourgeon
- Ethiquable
- Dammann Frères (Illy Group)
- Maison Lagrange
- Coffea
- Ecotone Groupe (Alter Eco, Bjorg, Bonneterre)
- Mariage Frères
Other companies mentioned:
- Lipton (Unilever)
- Twinings Foods International
- La Tisanière
- Ecotone Groupe (Alter Eco, Bjorg, Bonneterre)
- Thés Éléphant (Scoop TI)
- Yogi Tea
- Kusmi Tea ORIENTIS
- Mariage Frères
- Pages Infusions
- Clipper Tea
- Le Palais des Thés
- Les jardins de Gaïa (MAKA)
- Herbissima
- Thés de la Pagode
- La Route des Comptoirs
- SCOP-TI
- Betjeman & Barton
- Comptoir Francais du thé
- Les 2 Marmottes
- Chic des plantes
- Happy plantes
- Unilever
- Oviatis
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