Italian Restaurant Group
| Gross Revenue: | $69,237,000 |
| EBITDA: | $4,327,000 |
The Company is an award-winning, upscale-casual dining, Italian restaurant concept with a chef-driven menu of pastas, pizza, steaks, seafood and more. The Company owns and operates sixteen unique restaurant locations across eight states in the Midwest, United States.
Key Aspects
• The Company is approaching aggregate sales of $1.5 billion since its founding
• Average unit volume (AUV) or sales per restaurant has grown at a CAGR of
25.5% to $4.3 million from 2020 through 2023
• Customers dine at the restaurants primarily for the high-quality food,
exceptional service and excellent atmosphere
• The Company has generated strong revenue growth amounting to a 20.4%
compounded annual growth rate (CAGR) from 2020 through 2023
• Restaurant level operating income margins showed strong results
averaging 9.2% from 2020 through 2023
• The Company generated average adjusted EBITDA of $2.3 million from 2020 through 2023
• The Company generated average adjusted EBITDA of $3.9 million from 2021 through 2023
• Financials as of 12/23
REF-BN000056046
