Valvona & Crolla, the Edinburgh deli and cafe business celebrating its 80th anniversary next year, maintained a steady profit at operating and pre-tax level last year on a marginally higher turnover.
V & C's pre-tax profit in 2012 was almost identical to the previous year, up £102 at £85,666, on turnover up from £4.5 million to £4.61m.
The company, which has its original shop on Leith Walk and the Vin Caffe close to St Andrew Square, has been among those hit by the capital's long-running tram works.
Owner Philip Contini commented: "We are just waiting for the tram works to disappear, this year will start to show an improvement
"They have been a serious disruption and it is something we have had to cope with since 2007. The whole of Edinburgh is just desperate to get the trams up and running."
He added: "This year has been as challenging as last year, as long as we are returning a reasonably good figure, we are happy with that, and if opportunity arises and it is the right thing to do, we have a great relationship with Clydesdale Bank."
The accounts show a £555,000 overdraft facility and Mr Contini added: "We are the bank's oldest customer in the East of Scotland."
He said V & C had expanded its presence within House of Fraser in Edinburgh and was "in conversation" about a possible presence in the chain's Glasgow store.
He expected the current year to be "much the same" again after "weathering the storm of the recession and the tram works".
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article