Mikel Coffee Company Explained

Mikel Coffee Company
Type:S.A.
Foundation:2008
Founder:Eleftherios Kiriakakis[1]
Location City:Larissa
Location Country:Greece
Locations:350+
Key People:Eleftherios Kyriakakis
Area Served:Greece, Cyprus, United Arab Emirates, United Kingdom, Australia, United States, Bulgaria, Saudi Arabia, Romania, Canada, Turkey, North Macedonia, Kuwait, Jordan, Oman, Germany, Iraq, Serbia
Industry:Restaurants
Genre:Coffee house
Products:Coffee
Tea
Pastries
Frappuccino beverages
Smoothies
Services:Coffee
Revenue:62.439 million [2]
Net Income:12.133 million
Num Employees:3000

Mikel Coffee Company, or Mikel, is a Greek coffeehouse chain, whose network consists of more than 360 coffee shops in 19 countries throughout the globe.[3] [4]

History

MIKEL launched its first coffee store in 2008 in the city of Larissa.[3] In the years that followed, MIKEL gradually expanded throughout Greece with the city of Volos being the starting point.[3] As of recently, MIKEL has expanded beyond Greece, launching its first coffee store in the United Arab Emirates in 2016.[5] The company has already opened four stores in Dubai and imposed itself as an important competitor in its sector.[6] [7] As of March 2018, the company has also begun operating in London.[8] As of August 2018, the company has also opened their first store in Australia. As of September 2018, the company has also opened their first store in U.S.A.[9] Since then, the company has established a presence in many Middle East countries and elsewhere.

Company Milestones:

Brand

The brand name, stylised as "MIKEL", stands for "Maybe it's knowledge entering life", the company's motto.[3] The brand logo features the father of its founder, Eleftherios Kyriakakis.[3]

Locations

As of August 2024 there were 361 stores in the following 19 countries

Countrydata-sort-type="number" Number of stores
Greece262
Turkey45
Cyprus22
Saudi Arabia7
Bulgaria5
Kuwait3
United States of America2
United Arab Emirates2
Canada2
North Macedonia2
United Kingdom1
Australia1
Romania1
Oman1
Jordan1
Germany1
Iraq1
Serbia1
Georgia1

Notes and References

  1. Web site: Η Εταιρεία - Mikel Coffee Company . Mikelcc.gr . 2015-12-15 . 2016-01-08.
  2. Web site: Ι΢ΟΛΟΓΙ΢ΜΟ΢ ΥΡΗ΢Η΢ 2014 (01-01-2014 ΔΩ΢ 31-12-2014) ΜΙΚΔΛ ΚΑΦΔ ΑΔ . PDF . Mikelcc.gr . 2016-01-08.
  3. Web site: Η Εταιρεία - Mikel Coffee Company . Mikelcc.gr . 2015-12-15 . 2016-01-08.
  4. News: Greece's Competitive Advantage. Mourdoukoutas. Panos. Forbes. 2018-07-25. en.
  5. News: CoffeeBI - Mikel Coffee Company to Expand in UAE. 2017-06-26. CoffeeBI. 2018-01-16. en-US.
  6. News: Forbes: Greek Start-up Mikel Cause Competition Problems to Starbucks in Dubai. 2017-05-02. The National Herald. 2018-01-16. en-US.
  7. News: Starbucks' Little Greek Problem In Dubai -- Mikel. Mourdoukoutas. Panos. Forbes. 2018-01-16. en.
  8. News: Mikel: Premiere in London - All five continents within the next 60 days. el.
  9. News: Starbucks' Greek Problem In Australia: Mikel Coffee Community. en.