Crisis for the luxury burgers – they have lost the most

Crisis for the luxury burgers – they have lost the

2022 could News24 report that the boom in luxury burger restaurants had backfired on the chains themselves. Chains such as Flippin’ Burgers, Brödernas and Phil’s Burger seemed to be having a really tough time.

Now, a year later, Nyheter24 has picked up the pace again. All figures come from All companies.

Phil’s Burgers

In 2022, the chain Phil’s Burger had a result after financial net of – SEK 28,986,000, but seems to have recovered somewhat in 2023 when the same figure was SEK 28,271,000.

Flippin’ Burgers

Flippin’ Burgers AB had a result after net financial items of SEK 284,000. In 2023, the figure was the same – SEK 1,556,000.

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READ MORE: Staff at Max freaked out – threw food at customers

Bun Meat Bun

The Bun Meat Bun chain is owned by Bun Meat Bun Burgers Aktiebolag, which in 2022 had a result after financial net of SEK 500,000. In 2023, they landed at – 2,689,000 kroner.

The brothers’ – applied for reconstruction

In 2022, the chain had a profit after financial net of – SEK 2,322,000. But the numbers for 2023 are not as bleak.

In 2023, Brödernas had a profit after financial net of SEK 2,877,000.

Despite this, the chain has fallen into crisis during 2024. On October 17, the company applied for a reconstruction.

– The aim of us applying for reconstruction today is to save as many restaurants as possible – and thus save as many jobs as possible, says Bröderna’s CEO Richard Forsshell said in an interview with TT.

READ MORE: The brothers are in crisis – have applied for reconstruction

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