Turnover: 89.5 million EUR (2022)
Country: France
A French tea house founded in 1986, Le Palais des thés specializes in direct imports of teas, mainly from China and India. Products are sold mainly loose in metal tins or large bags.
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
- Outlets abroad: 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 risen 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
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 | 57 | |
| Autre | Mathias | Minet | 50 |
Studies mentioning this company
The tea market - France
Other companies mentioned:
- Kusmi Tea
- Le Palais des Thés
- Pages Infusions
- Les jardins de Gaïa (MAKA)
- Herbissima
- Thés de la Pagode
- 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 Groupe
- Nestlé Groupe
- Maison Bourgeon
- Ethiquable
- Dammann Frères (Illy Group)
- Maison Lagrange
- Coffea
- Ecotone Groupe (Alter Eco, Bjorg, Bonneterre)
- Mariage Frères
The infusion market - France
Other companies mentioned:
- Lipton (Unilever)
- Twinings Foods International
- La Tisanière
- Ecotone Groupe (Alter Eco, Bjorg, Bonneterre)
- Thés Éléphant (Scoop TI)
- Yogi Tea
- Kusmi Tea
- 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 Groupe
- Oviatis
The delicatessen market - France
Other companies mentioned:
- Comtesse du Barry
- Fauchon
- Maison Brémond 1830
- Petrossian
- Valette
- La Grande Épicerie de Paris
- Galeries Lafayette Gourmet (groupe Galeries Lafayette)
- Printemps du Goût
- Pourdebon
- Le Palais des Thés
- Kusmi Tea
- Le Comptoir de Mathilde
- De Neuville
- Yves Thuriès
- Coffea
- Betjeman & Barton
- Eataly
- Carrefour Groupe
- Intermarché ITM Les Mousquetaires
- E.Leclerc
- Système U
- Auchan groupe
- Lidl France
- Edélices
- La Tour de Pise
- Kaviari Delikatessen
- L'Amour du Terroir
- Maison Balme
- Supermercato Giuseppe
- BienManger.com
- Mes Pep'eat