Restaurant Collective Serving an Upscale-Casual Dining Experience

Description:
The Company is composed of three restaurants collectively located in the Northeast U.S. The restaurants each offer a variety of dining experiences ranging from casual, to upscale, and outdoor dining seasonally. Additionally, all restaurants have full liquor licenses and sophisticated bar scenes.

Key Aspects:
• From 2020 to 2023, the Company's revenue averaged $9.88M, with gross profit margins averaging 65.8%
• Three well-established locations each offer a unique dining experience and atmosphere
• Distinguished restaurant brand that has found success within the local community
• Established supplier relationships with multiple vendors creates stability in food and production prices
• The restaurant has a customer loyalty program in place that incentivizes and rewards purchases and returning customers

Opportunities:
• Regional expansion of the restaurant to new locations in the Northeast U.S.
• Branded ghost kitchen concept implemented in Q4 of 2022
• Continue to negotiate pricing agreements with key vendors to support margin growth

Headquartered:
• Northeast U.S.

Current Markets:
• The Company serves an up-scale casual dining experience between its locations in the region. The ghost kitchen concept in development will expand the restaurant's reach by offering its noteworthy fare to a burgeoning pickup and delivery market.

Real Estate:
• The Company leases its two restaurant locations from an unaffiliated entity. Each location is approximately 15,000 sq. ft

Shareholder Ownership:
• The owners would like to prepare the Company for their retirement and, in doing so, have established a management team capable of running the daily operations. Both owners are willing to remain in place for a mutually agreeable period to ensure a smooth transition of ownership.