Owning 20 restaurant chain brands from hot pot, BBQ food, Japanese food, draft beer restaurants…, the revenue of the management unit – Golden Gate Trading and Services Joint Stock Company (Golden Gate) has
In 2013, with two restaurant chains Kichi-Kichi and Sumo BBQ operating, Golden Gate’s revenue reached nearly 510 billion VND, however, after deploying 4 new brands, revenue in 2014 more than doubled to 1,262 billion VND.
In the 2016 plan approved by the Golden Gate Board of Directors, with the plan to expand the existing restaurant chain, this business targets revenue growth of 54%, estimated at VND 2,870 billion.
The restaurant chain brand system is managed by Golden Gate.
Continuous investment in expansion, but the profits brought to investors of this restaurant chain still increase over the years, although the speed is somewhat slower than revenue.
Compared to many other units, Golden Gate’s profit figure is somewhat modest, however, for a unit with a charter capital of only 62 billion VND, the profit-to-equity ratio of this enterprise has increased.
Data from this unit also shows that from 500,000 guests served in 2008 with the first restaurant chain Ashima, by 2016 the total number of guests served by Golden Gate reached more than 4 million with 20 restaurant chain brands.
As of December 31, 2015, Golden Gate’s total number of employees reached 2,800 people, more than double the level of 1,143 people in 2014. With total labor costs in the year of nearly 296 billion VND, the average income for
Established in 2008 with a charter capital of 32 billion VND, Golden Gate Trading and Services Joint Stock Company (Golden Gate), after acquiring the assets of Hoang Thanh Trading Services Company, has deployed a leading restaurant chain.
Two years later, two new restaurant chains were opened, respectively, the conveyor belt hot pot brands Kichi-Kichi and Sumo BBQ.
Minh Son