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Mikel Coffee Company

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Greek coffeehouse chain
Mikel Coffee Company
Company typeS.A.
IndustryRestaurants
GenreCoffee house
Founded2008
FounderEleftherios Kiriakakis
HeadquartersLarissa, Greece
Number of locations370+(2023)
Area servedGreece, Cyprus, United Arab Emirates, United Kingdom, Australia, United States, Bulgaria, Saudi Arabia, Romania, Canada, Turkey, North Macedonia, Kuwait, Jordan, Oman, Germany, Iraq, Serbia
Key peopleEleftherios Kyriakakis (Chairman & CEO)
ProductsCoffee
Tea
Pastries
Frappuccino beverages
Smoothies
ServicesCoffee
RevenueIncrease€62.439 million (2014)
Net incomeIncrease€12.133 million (2014)
Number of employees3000 (2020)
Websitewww.mikelcoffee.com

Mikel Coffee Company, or Mikel, is a Greek coffeehouse chain, whose network consists of more than 370 coffee shops in 19 countries throughout the globe.

History

This section is in list format but may read better as prose. You can help by converting this section, if appropriate. Editing help is available. (October 2023)

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

Company Milestones:

  • 2008: The first Mikel store opens in Larissa.
  • 2011: Establishment of Mikel Coffee Company S.A.
  • 2012: Creation of Mikel Franchise network with 10 franchise stores
  • 2013: Mikel stores reach 60. First store in Athens.
  • 2014: 100 Mikel stores all over Greece.
  • 2015: Establishment of the UK based Mikel Coffee Company Ltd. based in London and aimed at international development.
  • 2016: Mikel enters the United Arab Emirates market where there are 2 stores.
  • 2017: Completion of Master Franchise agreement in Cyprus, with 22 branches.
  • 2018: Openings in the UK (London), Australia (Sydney), United States (Southampton, MA) and Bulgaria.
  • 2019: Openings in Saudi Arabia.
  • 2020: Openings in Romania, Turkey, Canada and North Macedonia.
  • 2021: Openings in Kuwait and Oman.
  • 2022: Openings in Jordan.
  • 2023: Openings in Germany and Iraq.
  • 2024: Openings in Serbia and Georgia. Counting 377 stores worldwide.

Brand

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

Locations

As of December 2024 there were 377 stores in the following 19 countries

Country Number of stores
Greece 262
Turkey 59
Cyprus 24
Saudi Arabia 8
Bulgaria 5
Kuwait 3
United Arab Emirates 2
Canada 2
North Macedonia 2
United Kingdom 1
United States of America 1
Australia 1
Romania 1
Oman 1
Jordan 1
Germany 1
Iraq 1
Serbia 1
Georgia 1

References

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