Boston Tea Party reports sales growth of 30%
The café group filed its 2015 results showing strong annual performance.
According to the financial results, overall sales growth across the estate was up 30% with the LFL performance (same stores open across this year and prior year) up 15%. Group EBITDA (including all pre-opening and central costs) was reported at £1.1m increasing 17% vs the prior year.
Boston Tea Party’s financial year ended on 21st October 2015.
Sam Roberts, Managing Director of Boston Tea Party, said: “Our innovative breakfast offering continues to thrive with customers appreciating the high quality ingredients – free range bacon, artisan coffee and organic milk. We have also continued to strengthen our position on sustainability which has been recognised through awards over recent years. It’s important to us as we grow that we do it in the right way, keeping our soul and remaining true to our ethics.”
Since the year end, two further cafes have opened. Located in Alfred Street, Bath and in the centre of Stratford-upon-Avon, the new stores take the current estate total to 18 with a third opening underway.
