Nusr-Et Steakhouse in London Cuts Costs Despite $4 Million Profit in 2022
ICARO Media Group
15 million in 2022. According to reports filed with Companies House, the steakhouse generated sales of £13.6 million that year.
Despite its financial success, the Nusr-Et Group, the parent company of the steakhouse, is making efforts to reduce costs. The restaurant is striving to improve energy efficiency by cutting heating during peak hours and implementing energy-saving measures such as renovating LED lights and insulation. High-ticket menu items, including a gold leaf steak priced at £1,450, were removed from the menu in the same year, while pricey options like a wagyu striploin for £680 and a wagyu tomahawk for £630 still remain.
Although the London steakhouse continues to feature luxurious dishes, Salt Bae's brand has faced challenges in recent times. Business Insider's investigation revealed that former employees had their tips withheld, and one of Gökçe's establishments in Manhattan closed after three years of operation.
D.Ream International, Nusr-Et Group's parent company, did not provide an immediate comment on the cost-saving measures. The steakhouse opened in Knightsbridge, an upscale area of London, in 2021 and is known for its extravagant dining experience.