Hospitality

Restaurant Group With 2-5 Locations

Snapshot

$2M–$12M ARR
($2m - $6m per location)

Restaurant and Bar
(running Toast)

10–60+
employees

US-based, urban hubs
( NYC, LA, Miami, Palm Beach)

Stretched thin.
Possibly has no understanding of finance at all.
Looking for answers, cash management, efficiency, empowerment, strategic insight, and confidence.

Looking to offboard work to a competent and accountable team that is not threatening to their position as founder’s right hand.
Also looking for analytics that they can use and distribute to location managers and chefs across the group.

Financial dysfunction and opacity is impeding operational and strategic progress:

• Heavy seasonality means that it truly is feast or famine, they need to manage cash and staffing in the low season.

• Bad or very delayed bookkeeping makes it impossible to make operational changes on the basis of how the business is performing.

Founder took on equity and/or debt to open locations and investors or lenders want to know when they are getting paid back and want reporting.

Founder is looking to open additional locations and needs a partner to assist with:

• Running the existing group in the best and most profitable manner

• Building out forecasts for new potential locations to evaluate if they make sense

• Prepare materials for investors and lenders, attend meetings, etc.