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08/26/2024
Case Study: Luxury restaurant group assesses growth opportunities
CohnReznick provided financial forecasts to help a luxury restaurant expand its business.
Background
A renowned luxury restaurant group was exploring various ideas to expand its business.
What we did
We worked in collaboration with the company and leveraged our hospitality industry expertise to translate the various growth initiatives they had in mind – including franchise new locations, expand into hotels, open a membership club, open a mass market brand, launch a food-to-go service, launch merchandising, etc. – into tangible financial forecasts.
Results
We provided valuable insights regarding return profiles on various segments forecasted, and the company moved forward with launching a food-to-go service, signing up a handful of leases.
Antony Walker
FCA, CIRA, Principal, Financial Modeling & Decision Analytics Practice; Restructuring and Dispute Resolution Practice
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