Costa Coffee Cyprus

Costa Coffee Cyprus provides high-quality coffee and a diverse menu, establishing itself as a popular destination for casual dining and social interactions within local communities. Founded in 1971, Costa Coffee Cyprus operates as a coffeehouse chain based in Nicosia, Cyprus. The company focuses on offering premium coffee and a variety of food items, serving local customers in 26 locations throughout the island. In September 2018, CedarBridge Partners acquired a 70 percent stake in Symeonides Coffee Cyprus Limited, enhancing its operational capabilities.

Costa Coffee specializes in delivering high-quality coffee alongside a diverse menu that includes aromatic coffee beverages, pastries, sandwiches, cakes, and snacks. Catering to individuals and groups seeking a casual dining experience, Costa Coffee's offerings aim to meet a wide range of consumer preferences, solidifying its presence in the Cypriot café culture. In 2022, Costa Coffee Cyprus reported a revenue of USD 11. 11 mn and an EBITDA of USD 1.

58 mn. The company primarily generates revenue through direct retail sales in its physical stores and operates a loyalty program via the Costa Coffee Cyprus Club App, which incentivizes repeat purchases. Their products are also available through delivery partnerships with platforms like Foody and Wolt, enhancing customer access and sales opportunities. Costa Coffee Cyprus aims to leverage recent investments to enhance its offerings and expand its market reach.

Following the acquisition in September 2018, the company is expected to explore new product developments and may consider entering additional markets to further its growth strategy.