{"id":2031,"date":"2024-10-09T07:07:06","date_gmt":"2024-10-09T07:07:06","guid":{"rendered":"https:\/\/ofero.news\/?p=2031"},"modified":"2024-10-09T07:07:06","modified_gmt":"2024-10-09T07:07:06","slug":"romanian-coffee-shop-chain-teds-in-talks-with-investment-funds","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=2031","title":{"rendered":"Romanian coffee shop chain TED&#8217;s in talks with investment funds"},"content":{"rendered":"<p>The founder of coffee shop chain TED&#8217;s Coffee has initiated exploratory talks with several investment funds to sell a 30%-60% stake and later launch an aggressive expansion plan, according to <a href=\"https:\/\/www.profit.ro\/povesti-cu-profit\/exclusiv-foto-ted-s-coffee-discuta-cu-fonduri-de-investitii-o-extindere-agresiva-posibila-vanzare-a-pachetului-majoritar-21759250?mc_cid=663e541d6b&amp;mc_eid=cd1f92f96c\" target=\"_blank\" rel=\"noopener\">Profit.ro<\/a>.<\/p>\n<p>&#8220;The goal is to accelerate the expansion. We are discussing several options for giving away between 30 and 60% of the business. We are in negotiations,&#8221; the company&#8217;s owner, Andri Vaseica, said.<\/p>\n<p>The TED&#8217;s chain will reach 67-68 units by the end of the year, of which about 35% are franchised and the rest are owned by the company. The company expects its turnover to rise 30% y\/y to EUR 10 mln\u00a0in 2024 and sustain similar growth rates in the coming years.<\/p>\n<p>The chain would reach 100 units by the end of 2026, according to the current plans disclosed by the TED&#8217;s Coffee founder.<\/p>\n<p>The plan discussed with the investment funds provides for the network to reach, depending on the market context, a total of 300 units in 5 years, according to sources familiar with the talks consulted by Profit.ro. Expansion outside the country is envisaged as well.<\/p>\n<p>&#8220;I would like to increase the network. It&#8217;s a good context, we don&#8217;t have an outside competitor yet, the market is uncovered, there are commercial spaces available. So it&#8217;s a good context to press the accelerator,&#8221; said TED&#8217;s Coffee founder Vasi Andreica, quoted by Profit.ro.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source:\u00a0<a href=\"https:\/\/www.dreamstime.com\/lcva_info\">LCVA<\/a>\/<a href=\"https:\/\/www.dreamstime.com\/stock-photos\">Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The founder of coffee shop chain TED&#8217;s Coffee has initiated exploratory talks with several investment funds to sell a 30%-60% stake and later launch an aggressive expansion plan, according to Profit.ro. &#8220;The goal is to accelerate the expansion. We are discussing several options for giving away between 30 and 60% of the business. We are [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2031","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/2031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2031"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/2031\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}