A growing competitive landscape, changing consumer tastes, and the impact of COVID-19 are disrupting the restaurant industry. Traditional restaurant operators are evolving to compete with the emergence of off-premises, delivery-oriented and ghost kitchen models. In order to stay relevant and competitive, restaurant operators are being forced to re-evaluate unit layout and how they connect with customers, often times at a cost of substantial capital.
Carl Marks Advisors is well-qualified to assist companies, and their key constituents, in the development of plans that create value in situations that are currently unsustainable. Our wide-ranging experience in the restaurant industry allows us to work with management teams to evaluate unit profitability, improve revenue, reduce costs, and enhance cash flows for reinvestment.
We have a proven track record of working with stakeholders to effectuate balance sheet restructurings, debt conversions and capital raising activity to strengthen the long-term viability of a distressed situation. As well, Carl Marks Advisors is uniquely qualified to run a streamlined M&A processes to maximize value and uncover specialized buyers, producing optimal market prices and terms, and ensuring a successful close.