The Czech specialty coffee chain is set to open its first international store in Barcelona in December 2022 as it targets wider European outlet growth
The Miners opened its first store in the Slavíkova district of Prague in March 2019 | Photo credit: The Miners
Prague-based specialty coffee chain The Miners will open its first international store next month as it seeks to become one of Europe’s leading specialty coffee shop chains.
The Miners, which currently operates seven stores across the Czech capital, expects to open three more company-owned outlets in the coming months, including a first international location in Barcelona, Spain, in December 2022.
The company has a long-term goal of opening 40 stores in Spain, a country which co-founder Oldřich Valta said has ‘huge potential in the premium coffee segment’.
The Miners opened its first store in the Slavíkova district of Prague in March 2019. The company also operates a roastery, bakery and barista training centre in the Czech capital, alongside a European packaged coffee distribution channel.
The company also plans to launch a franchise model next year and will test-open three franchised stores across Europe.
Reports suggest The Miners will achieve sales of approximately Kč50m ($2.1m) this year. The coffee chain plans to increase revenues by another 50% in 2023.
World Coffee Portal research estimated the total Czech branded coffee shop market comprises more than 360 outlets. Led by international chains McCafé, Costa Coffee and Starbucks, at 69, 61 and 51 stores respectively, the market is forecast to exceed 520 outlets by 2027.