
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.