KERB welcomes most profitable year as sales exceed £23.5m
This comes as the hospitality group bounced back from the pandemic, as it benefited from 365 days of trading at its flagship food hall Seven Dials Market
Hospitality business KERB has announced its most profitable year at its annual member summit last week, as gross sales surpassed £23.5m in 2023 across a membership base of 150 traders.
This comes as KERB bounced back from the pandemic, delivering almost 1,800 market trading days, almost 500 event opportunities, and 365 days of trading at its flagship food hall Seven Dials Market to members.
In turn, this has fuelled the growth of KERB+, the group’s social enterprise that was established in April 2022. In its first year, the team – led by managing director Gavin Dunn – delivered over 850 hours of free coaching, saw 31 businesses graduate from the no-cost inKERBator programme, and worked with over 320 people from less advantaged backgrounds referred to KERB+ by its Impact Partners.
Simon Mitchell, CEO of KERB, said: “KERB is nothing without our members, and our annual member summit is one of the most important dates in our diary. Over the past 12 years, there have been ups and downs within the hospitality industry, and these continue to challenge us all.
“However, with a strong team in place and renewed focus on creating opportunities for our members, 2023 was an incredible year of growth for KERB. We have ambitious plans to continue this growth into 2024 and beyond – allowing us to collectively make the biggest possible positive impact we can.”
He added: “We’re striving to become the most impactful hospitality company in the world, and we’re taking this very seriously.”