Audit and consulting company AGIC conducted A survey of the restaurant industry in Georgia
The data used in the study were taken from the website of the reporting portal, where annual financial statements are published in accordance with the legislation of Georgia. These restaurants belong to companies of the first, second and third size categories. The mentioned information is based on the data of 2019, the research will consider restaurants, the number of which is 42 in total.
Results of the Research
The study reviews restaurants with a total turnover exceeding 247 million GEL and total assets of 468 million GEL. It should be noted that some of the companies also own other businesses related to the hotel industry, which are not separated in the financial statements.