ETLB

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ETLB - overview

Established

2008

Location

Paris, -, France

Primary Industry

Travel & Leisure

About

ETLB, also known as Côté Sushi, is a French company that specializes in Nikkei cuisine, offering a fusion of Japanese and Peruvian culinary traditions through a diverse menu of sushi and other dishes. Founded in 2008, ETLB operates under the brand Côté Sushi, providing a range of Nikkei culinary offerings. The company is headquartered in Paris, France, and was acquired by Montefiore Investment in February 2021. The founder, Emmanuel Taib, has not been noted for founding other companies prior to this venture.


Côté Sushi offers a variety of dishes, including sushi rolls, ceviche, and tiradito, emphasizing the fusion of Japanese and Peruvian cuisines. Their menu caters to a diverse audience and includes options for dine-in, takeaway, and home delivery across French cities like Paris, Lyon, Bordeaux, and Marseille. In the most recent year, 2022, Côté Sushi reported a revenue of USD 8. 18 mn and an EBITDA of USD 1.


03 mn. Revenue is primarily generated through direct-to-consumer sales, with customers able to order individual items or platters for both on-site dining and delivery, ensuring consistent consumer engagement. Following its acquisition in February 2021, ETLB plans to enhance its product offerings, focusing on new menu items inspired by the unique flavors of Nikkei cuisine. The company aims to expand its presence in additional markets within France, targeting significant urban areas by 2023.


The recent funding will support these initiatives by facilitating the development of new products and enhancing operational capabilities.


Current Investors

Montefiore Investment

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife

Website

www.cotesushi.com

Verticals

E-commerce

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

ETLB - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedETLB-

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