The Kolmjalg store, located in Tallinn's Old Town and not belonging to any major chain, earned 73,000 euros in profit in 2023. The year before, the profit was 44,600 euros. :format(webp)/nginx/o/2024/09/01/16329490t1h61d8.jpg)
View of Tallinn's Old Town. At the end of the street is the building housing the Kolmjalg store. Photo: Maria Geller / Pexels
The Kolmjalg store, located in Tallinn's Old Town and not belonging to any major chain, earned 73,000 euros in profit in 2023. The year before, the profit was 44,600 euros.
Translation: Sergey Svetlov
The revenue of Kolmjalg OÜ, the company that operates the store, was 1.5 million euros. The figure was almost 85,000 euros less than the previous year.
Kolmjalg opened its doors over 20 years ago and is open 24 hours a day. The small shop is popular with tourists, but is also frequented by locals, such as those who live or work in the Old Town. The shop has been operating in its current location for almost ten years.
The average number of employees in a store during the year was seven to eight people.
The company's owners are Luule Seifullen and Külli Kalm.
At the end of 2023, Delfi Ärileht reported that, according to the owners, the number of customers at the store had returned to a level comparable to the period before the corona crisis.
