Ana Patricia Botín rescues the business of Dabiz Muñoz

Good news for the business of Dabiz Muñoz. After a year and a half torn by the crisis that came from the hand of the Coronavirus, the chef begins to have good

Ana Patricia Botín rescues the business of Dabiz Muñoz

Good news for the business of Dabiz Muñoz. After a year and a half torn by the crisis that came from the hand of the Coronavirus, the chef begins to have good news. The first one is the international recognition that he has received at the Gala The Best Chef Awards, held in Amsterdam and that was awarded him as a best chef in the world. The second is the economic injection to the business of it.

An injection that comes from Ana Patricia Botín's hand. And is that Banco Santander, according to information published by the Confidential, has decided to grant the cook several lines of credit, guaranteed by 70% by the Official Credit Institute (ICO), to cope with a business volume that is He has resentful because of the economic consequences of Coronavirus and the close of his restaurant in London.

His Street Xo of the British capital opened in November 2016, but had to move to the liquidation phase in December of this year due, to a large extent, to the restrictions imposed because of the COVID. This was one of the business adventures that Muñoz and the woman of Him, Cristina Pedroche, who was also a partner of the project. But the total closure of the hospitality in England and the fear of reopening before a cross-market by the economic crisis ended up with a business in which the couple investigated six million euros.

An investment and a business puncture that had tested its balance sheets. The money would have come out of a BBVA loan, but now with the new credit line of Santander (that the confidential figure in a million euros) Dabiz Muñoz could refloat his accounts at the same time as his new business model, chord With the new normality, it's still booming.

And is that from May 2020, when it came out of the strictest confinement, it was launched to the world of gourmet food. The service lends itself into Madrid with an average ticket between 20 and 25 euros. Within the Dabiz Muñoz brand, its name is Goxo and self-diainned as "imaginative home food and Illustrated Gochismo". Only on Instagram have 260,000 followers.

In addition, its restaurants in Madrid have also managed to avoid the consequences of the pandemic and other misfortunes, such as the fire that in SECÓSTO from last year there was in Divex. A return to the ancient normality in which, as he himself explained on numerous occasions, he has always had the support of the City Council and the Community of Madrid. "They have long been taken care of cooks as much as possible; it has been done as much as it could be done so that we could continue developing our work and what is more important, we have given us the possibility to the madrid chefs to show that the Restaurants are safe places, "he said when Divex renewed his three Michelin stars.

Updated Date: 22 September 2021, 03:12

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