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The Independent UK
The Independent UK
Bryony Gooch

Boss of trendy London coffee chain says he makes just 18p profit on £4.10 flat white

The first Grind stop on Old Street - (GRIND)

The founder of upmarket coffee chain Grind has claimed that his £4.10 flat whites only make an 18p profit.

Grind, which got its start in London’s east end in 2011 out of David Abrahamovitch’s father’s old mobile shop on the Old Street roundabout, has a large menu of coffees starting at £3.20 for an espresso. The most expensive coffee on its menu, a salted caramel frappe, costs £5.80.

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