The Coffee Like chain bought the business of its competitor Coffee Moose

All Coffee Moose cafe managers will receive a unique menu according to the new owner’s standards and will be able to directly purchase raw materials and products from the company, while continuing to operate under their own brand.

Coffee Like was founded in 2013. The co-owners of the AST publishing house, Pavel Grishkov and Alexander Boguslavsky, respectively own 44.02% and 3.25% of Coffee Like LLC. The remaining shares are distributed among three more participants. According to the network’s own data, in 2023 revenue amounted to 7 billion rubles.

Coffee Moose was founded ten years ago in Izhevsk. Currently, 75 points in 45 cities of Russia, including Moscow, operate on a franchise basis. The Coffee Moose brand belonged to Alexey Mironov and Roman Nikitin, who also develop the New York Coffee and Jeffrey’s Coffee coffee chains, HotDogger restaurants, etc.

Franshiza.ru expert Anna Rozhdestvenskaya notes that the already wide coverage of outlets under the Coffee Like sign limits development and creates competition between coffee shops under this brand, and the new brand will help continue expansion. She estimated the value of the Coffee Moose brand at “several tens of millions of rubles.”

• The Russian takeaway coffee market in 2023 increased by 21% and amounted to about 102.7 billion rubles. The leaders in terms of revenue were the Coffee Like, Cofix and One Price Coffee chains. At the end of last year, the total revenue of the top 10 companies amounted to about 20 billion rubles.