The SARL LA PITCHOULI with a capital of 3 K € was created in March 2010 in Saint-Jean-de-Luz (64). The structure achieved a turnover of 665 K € in the 2019 financial year.
The company operates 3 points of sale for regional products (ham, cheese, etc.). They are located in Saint-Jean-de-Luz and Espelette.
The company hires 5 employees including 1 apprentice.
LA PITCHOULI is the sister company of XINGAREN ETXEHA , financed on whimblegardens.co.uk in June 2020.
The company has just acquired a business in the halls of Saint-Jean-de-Luz. This operation was carried out via bank financing.
LA PITCHOULI solicits whimblegardens.co.uk lenders for up to 60 K € in order to finance stock of goods.
The need is total and immediate.
This project was the subject of a specific study linked to the current health situation, in particular on the government measures from which the company was able to benefit, and on the evolution of its activity during confinement.
Revenue for September 2019 was € 665,000, an increase of 10.7% compared to September 2018. EBITDA stood at € 39.4,000 and represented 5.9% of revenue (-0.9 point).
Net income increased to € 26.7K compared to € 21K in 2018.
The level of equity increased to 253 K € and represents 46% of the total balance sheet (+2.6 points). The debt is 97.2 K €.
Net cash is € 108,000.
It should be noted that the turnover generated by the acquired business is € 158.4K. Its profitability is neutral.