Mikel Coffee Company

Mikel Coffee Company

Company type	S.A.
Industry	Restaurants
Genre	Coffee house
Founded	2008
Founder	Eleftherios Kiriakakis[1]
Headquarters	Larissa , Greece
Number of locations	370+(2023)
Area served	Greece, Cyprus, United Arab Emirates, United Kingdom, Australia, United States, Bulgaria, Saudi Arabia, Romania, Canada, Turkey, North Macedonia, Kuwait, Jordan, Oman, Germany, Iraq, Serbia
Key people	Eleftherios Kyriakakis (Chairman & CEO)
Products	Coffee Tea Pastries Frappuccino beverages Smoothies
Services	Coffee
Revenue	€62.439 million (2014)[2]
Net income	€12.133 million (2014)[2]
Number of employees	3000 (2020)
Website	www.mikelcoffee.com

Mikel Coffee Company, or Mikel, is a Greek coffeehouse chain, whose network consists of more than 380 coffee shops in 19 countries throughout the globe.[3][4]

History

MIKEL launched its first coffee store in 2008 in the city of Larissa.[3] In the years that followed, MIKEL gradually expanded throughout Greece with the city of Volos being the starting point.[3] As of recently, MIKEL has expanded beyond Greece, launching its first coffee store in the United Arab Emirates in 2016.[5] The company has already opened four stores in Dubai and imposed itself as an important competitor in its sector.[6][7] As of March 2018, the company has also begun operating in London.[8] As of August 2018, the company has also opened their first store in Australia. As of September 2018, the company has also opened their first store in U.S.A.[9] Since then, the company has established a presence in many Middle East countries and elsewhere.

Company Milestones:

• 2008: The first Mikel store opens in Larissa.
• 2011: Establishment of Mikel Coffee Company S.A.
• 2012: Creation of Mikel Franchise network with 10 franchise stores
• 2013: Mikel stores reach 60. First store in Athens.
• 2014: 100 Mikel stores all over Greece.
• 2015: Establishment of the UK based Mikel Coffee Company Ltd. based in London and aimed at international development.
• 2016: Mikel enters the United Arab Emirates market where there are 2 stores.
• 2017: Completion of Master Franchise agreement in Cyprus, with 22 branches.
• 2018: Openings in the UK (London), Australia (Sydney), United States (Southampton, MA) and Bulgaria.
• 2019: Openings in Saudi Arabia.
• 2020: Openings in Romania, Turkey, Canada and North Macedonia.
• 2021: Openings in Kuwait and Oman.
• 2022: Openings in Jordan.
• 2023: Openings in Germany and Iraq.
• 2024: Openings in Serbia and Georgia. Counting 380 stores worldwide.

Brand

The brand name, stylised as "MIKEL", stands for "Maybe it's knowledge entering life", the company's motto.[3] The brand logo features the father of its founder, Eleftherios Kyriakakis.[3]

Locations

As of January 2025 there were 380 stores in the following 19 countries

Country	Number of stores
Greece	262
Turkey	61
Cyprus	24
Saudi Arabia	9
Bulgaria	5
Kuwait	3
United Arab Emirates	2
Canada	2
North Macedonia	2
United Kingdom	1
United States of America	1
Australia	1
Romania	1
Oman	1
Jordan	1
Germany	1
Iraq	1
Serbia	1
Georgia	1

References

1. "Η Εταιρεία - Mikel Coffee Company". Mikelcc.gr. 2015-12-15. Retrieved 2016-01-08.
2. "Ι΢ΟΛΟΓΙ΢ΜΟ΢ ΥΡΗ΢Η΢ 2014 (01-01-2014 ΔΩ΢ 31-12-2014) ΜΙΚΔΛ ΚΑΦΔ ΑΔ" (PDF). Mikelcc.gr. Retrieved 2016-01-08.
3. "Η Εταιρεία - Mikel Coffee Company". Mikelcc.gr. 2015-12-15. Retrieved 2016-01-08.
4. Mourdoukoutas, Panos. "Greece's Competitive Advantage". Forbes. Retrieved 2018-07-25.
5. "CoffeeBI - Mikel Coffee Company to Expand in UAE". CoffeeBI. 2017-06-26. Retrieved 2018-01-16.
6. "Forbes: Greek Start-up Mikel Cause Competition Problems to Starbucks in Dubai". The National Herald. 2017-05-02. Retrieved 2018-01-16.
7. Mourdoukoutas, Panos. "Starbucks' Little Greek Problem In Dubai -- Mikel". Forbes. Retrieved 2018-01-16.
8. "Mikel: Premiere in London - All five continents within the next 60 days" (in Greek).
9. "Starbucks' Greek Problem In Australia: Mikel Coffee Community".