Salt Bae's London Restaurant Faces Declining Profits and Turnover
Nusr-Et Steakhouse, famous for its pricey steaks and viral chef, struggles with reduced customer interest and ongoing criticism.
- Profits at Salt Bae's Nusr-Et Steakhouse in London fell to £1.7 million in 2023, down from £3.3 million in 2022.
- Turnover dropped 31%, from £13.6 million in 2022 to £9.3 million in 2023.
- Staff numbers decreased from 93 to 84, reducing the wage bill by £800,000.
- Criticism about high prices and service quality has been persistent, with some menu items being mocked online.
- Previous attempts to boost efficiency, including reducing heating costs, failed to sustain high sales.