How much money Yuppiechef makes

[Jan]

Here is how much money Yuppiechef makes

Yuppiechef generated R296.2 million in revenue and R19.9 million in operating profit between 1 August 2021 and 2 April 2022.

Mr Price Group acquired 100% of Yuppiechef on 1 August 2021 as a way to gain access to a higher LSM customer base.

 

[hj007]

Well done to YuppieChef founders on a fantastic exit multiple at 20x! MrP may have overpaid (massively in my mind) , but they do have the infrastructure to roll out a hundred YuppieChefs. This acquisition wouldn't make sense for anyone but another retailer.
Fascinating how ecom goes back to store model.

 

[marine1]

I can't believe YC do that amount of turnover......wtf

 

[RudderVator]

YuppieChef the new We Buy cars on MyBB? Sell overpriced goods imo

 

[Pak Fa Fui]

300 million in 9 months
That’s almost 1 million per day
They sell conventional items that everyone else sells so buyers must be less savvy with their cash and not price conscious at all

 

[Gravedigger]

Yoh, the amount of money generated, makes some cadres hungry, yo... That is the sweetest, thickest gravy they want...