Profits up at Sweeney's Camile thai business
Published 14/07/2015 | 02:30
The Thai food business established by businessman Brody Sweeney enjoyed profits last year of over €220,000.
Mr Sweeney set up Camile after his O'Brien's Sandwich business went into liquidation in 2009 and new accounts show that last year, Camile Kitchen enjoyed its strongest year to date in terms of revenues.
The firm's accumulated profits rose from €258,410 to €479,087.
The profit in 2014 compared to a profit increase of €221,009 in 2013.
Camile, which specialises in home deliveries ordered online, had net turnover of around €4m in 2014 and the profits recorded last year were on the back of the new opening of three new outlets that almost doubled the size of the business.
Earlier this year, Mr Sweeney announced that he was looking for franchise partners in Cork, Limerick and Galway, who will have to invest up to €250,000 to open an outlet.
The business's outlets in Dublin are all company owned and they are based at Dun Laoghaire, Pearse Street, Phibsborough, Rathfarnham, Rathmines, Santry, South Circular Rd and Sutton.
The accounts by Camile Thai Kitchen recently lodged with the Companies Office show that the firm's cash pile more than tripled from €19,484 during the year to €69,482.
The firm's loans - underlining its expansion plans - increased from €52,262 to €227,192.