La Sucursal

What La Sucursal does

Grupo La Sucursal is a family-owned Valencian hospitality group founded in 1974 by Loles Salvador, now operating under the direction of Javier de Andrés (Premio Nacional de Gastronomía). The group runs its flagship gastronomic restaurant La Sucursal from the 3rd-floor penthouse of the iconic Veles e Vents building in Valencia's Marina — a David Chipperfield- and Fermín Vázquez-designed structure built for the America's Cup Valencia 2007, recognized with LEAF Awards (2006) and featuring 10,000+ m² of versatile covered and semi-covered event space with panoramic Mediterranean views. The portfolio of venues within the building includes the flagship restaurant, Terraza Malabar (outdoor terrace dining), and Ático Veles (penthouse event spaces).

The business operates two principal revenue streams: fine dining (à la carte, tasting menus, and beverage service at La Sucursal, recognized with a Michelin Star and Dos Soles Repsol) and event hosting (venue rental and catering for weddings, MICE/corporate events, and private celebrations). Commercial activity runs through a direct-to-consumer model with reservations and event inquiries handled via the company's website, supplemented by an experiences store for gift vouchers and a multi-channel social presence (Instagram, Facebook, LinkedIn, TikTok, YouTube). No third-party distribution, app, or disclosed pricing model is in use. The group holds 23 employees, the Sello S de Sostenibilidad Turística certification from ICTE, and the Sello de Calidad Turística; it operates exclusively in the regional Valencian market with no external funding, parent company, or public listing.

Name

La Sucursal

Legal name

Grupo La Sucursal

Website

https://restaurantelasucursal.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

Grupo La Sucursal is a family-owned Valencia hospitality group operating the flagship La Sucursal restaurant and 10,000+ m² of event venues at the iconic Veles e Vents building, serving premium diners, corporate MICE clients, and private celebration customers.

Ownership category

akta.pro rank

Product category

Fine Dining Restaurant and Event Hospitality

NAICS

Full-Service Restaurants (722511), Caterers (72232)

SIC

Retail-Eating & Drinking Places (5810), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Special Occasion & Destination Restaurants (THAFACAK)

akta.pro secondary industries

Conference & Convention Center Catering (THAHAKAB), Venue & Banquet Hall Catering (THAFAIAC)

Keywords

• Fine dining restaurants
• Event venue rental
• Mediterranean gastronomy
• Corporate MICE events
• Wedding hospitality

Headquarters

HQ city

Valencia

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Restaurant Dining: Fine dining at La Sucursal, the group's flagship restaurant located on the 3rd floor penthouse of Veles e Vents. Offers Mediterranean cuisine with seasonal products. Revenue generated from à la carte dining, tasting menus, and beverage service.
2. Event Hosting: Venue rental for events including weddings, corporate MICE events, celebrations, and private gatherings. The 10,000+ m² of versatile spaces include terraces, saloons, Malabar Terrace, and Ático Veles rooftop. Revenue from venue hire, catering services, and event coordination.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

La Sucursal operates a premium fine-dining restaurant and event hosting business at the Veles e Vents building in Valencia's Marina. Its flagship La Sucursal restaurant serves seasonal Mediterranean cuisine on the 3rd-floor penthouse, supported by the Terraza Malabar outdoor terrace and the Ático Veles penthouse. The group also rents event space for weddings, corporate MICE events, and private celebrations, generating revenue from à la carte and tasting menus, beverage service, venue hire, catering, and event coordination.

Product overview

La Sucursal is a Valencian hospitality group with over 50 years of history, operating primarily at the iconic Veles e Vents building in Valencia's Marina. The group offers a multi-venue ecosystem consisting of La Sucursal (the flagship gastronomic restaurant on the penthouse), Terraza Malabar (outdoor terrace), and various event spaces totaling over 10,000 m². Services include fine dining, MICE/corporate events, weddings and celebrations, and a retail experiences store. The group is led by Javier de Andrés (Premio Nacional de Gastronomía) and emphasizes Mediterranean cuisine with organic, seasonal, and locally-sourced products.

Differentiator

Problem solved

Functional benefit

Brands

• Terraza Malabar: Terrace dining space at Veles e Vents offering outdoor seating with sea views.
• Ático Veles

Products and services

• La Sucursal Restaurant Fine dining restaurant on the 3rd-floor penthouse of Veles e Vents offering seasonal Mediterranean cuisine that combines traditional Valencian recipes with creativity, plus live music and performances on its panoramic terrace during spring and summer. Recognized with Michelin Star (2007), Gourmets Best Restaurant in Spain (2020), and Dos Soles Repsol (2024).
• Terraza Malabar Outdoor terrace venue at Veles e Vents offering waterfront dining with Mediterranean views, used for both casual dining and event hosting.
• Ático Veles Penthouse level of Veles e Vents, home to La Sucursal restaurant and exclusive event spaces with panoramic sea views, available for private events and celebrations.
• MICE and Corporate Events Corporate meetings, conferences, incentive events, product launches, and team-building events hosted at Veles e Vents' venues, with full catering, event coordination, and audiovisual capabilities.
• Weddings, Groups, and Private Celebrations Wedding receptions, group events, and special occasion hosting services with customizable menus, décor, and event planning at Veles e Vents venues.
• Experiences Store (Tienda Experiencias) Online store allowing customers to purchase gift experiences and culinary vouchers redeemable at La Sucursal restaurants and event venues.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@veleseventsvalencia
• Facebookfacebook.com/veleseventsvalencia
• LinkedInlinkedin.com/company/la-sucursal
• Instagraminstagram.com/veleseventsvalencia
• TikToktiktok.com/@veleseventsvalencia

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about La Sucursal