Are you growing your brand at the pace and effectiveness you want?
LJR Hospitality Ventures helps our clients define concept/unit formats, clarify expansion model, and guides them through positioning and planning.
1
Define Concept/Unit Formats
- Establish guidelines for location size, prepare budget to build and open, and define revenue projections.
- Analyze, optimize all revenue areas including dine in, off premise, drive-thru, curbside, delivery, mobile ordering, catering, and assess menu mix, meal periods and hourly sales.
- Refine proforma, financials, and return on investment models.
2
Clarify Expansion Model
- Explore growth strategies through corporate, franchise, non-traditional locations.
- Evaluate ghost kitchens, virtual brands, food halls and food trucks.
- Consider potential acquisitions and strategic partnerships.
- Define the most effective real estate criteria for new restaurants.
3
Positioning and Planning
- Establish corporate infrastructure guidelines and the type of talent required to achieve the company’s growth plan.
- Evaluate areas including procurement, MDA’s, proprietary items, and commissaries.
- Assess current leases and develop proposed deal structures for new locations.
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