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Vapiano history
Vapiano company history timeline
In 2005, the company crossed the EUR 10 million threshold in revenue for the first time.
From 2006, the company increasingly expanded abroad, e.g. to Belgium, Austria and Turkey.
In 2011, Barcelona was ranked as one of the six best European cities for business.
In 2011 in Vienna, Vapiano opened its 100th restaurant.
In 2013, leisure consultants at Deloitte found that this age group boosted their eating and drinking out to an average of 32 times per month, up from 25 times a year ago (Thompson).
In 2014, Vapiano altered its strategy and in smaller cities built new corporate-owned restaurants not run as franchise operations.
In mid-2015, Gregor Gerlach announced that he was moving from Chairman onto the Supervisory Board, in order to devote more efforts to other ventures.
The growth of the company slowed down, along with basic criticism of the company's expansion strategy in 2015.
In 2017, Vapiano went public and at that time "had a market value of about 553 million euros, or more than $630 million."
Losses piled up after sales targets were missed, the share price had slumped by 75% since entering the stock market in 2017, and the company had expanded too quickly.
In 2018 the company reported financial losses of €101 million.
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Vapiano competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Smashburger | 2007 | $338.3M | 1,733 | 55 |
| Corner Bakery Cafe | 1991 | $200.0M | 3,000 | 5 |
| McDonald's | 1940 | $25.9B | 210,000 | 46,210 |
| MidiCi | 2012 | $7.8M | 173 | 2 |
| Flying Star Cafe | 1987 | $17.5M | 75 | - |
| Bon Appétit Management | 1987 | $100.0M | 3,422 | 16 |
| Dinosaur Bar-B-Que | 1983 | $4.1M | 83 | 15 |
| Bumpers Drive In | 1983 | $1.2M | 10 | - |
| Fun House Pizza | - | $2.5M | 10 | - |
| Philadelphia Cricket Club | 1854 | $400,000 | 50 | 1 |
Vapiano history FAQs
Zippia gives an in-depth look into the details of Vapiano, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Vapiano. The employee data is based on information from people who have self-reported their past or current employments at Vapiano. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Vapiano. The data presented on this page does not represent the view of Vapiano and its employees or that of Zippia.
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