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Hard Rock Cafe Bucharest: EUR 2.7 mil. sales in the first year of operating

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Hard Rock Cafe in Bucharest registered sales of EUR 2.7 mil. in the first year since opening. Profit ratio was initially calculated to 14% but reviewed to 12% later, due to inflation and exchange rates fluctuations.

Tinu Sebesanu, general manager of Midi Development, operator of Hard Rock Cafe restaurant estimates that the initial investment of EUR 3.7 mil will be returned in 6-7 years.

The restaurant in Bucharest is the largest in Hard Rock network and has approximately 2,000 sq m. The regular area for an restaurant is 800-1,200 sq m.

The company has no intention to open other restaurants.

Sursa: Financiarul [19.02.2009]

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