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Case
Study: Restaurant Chain
Financial Advisory
Company: $80 million restaurant chain operating 66
stores in the southeast
Situation / Tasks Performed: TRG was engaged by the
bank group to provide business advice and consultation. The company failed
to update their business concept to effectively compete in the small to
mid-size markets. TRG prepared financial projections, performed detailed
store analyses and prepared an enterprise valuation. This culminated in
recommendations to the bank group that the company should close 22 stores
that could enable a satisfactory restructuring. Alternatively, TRG recommended
that absent such changes, the bank group should encourage the company to
be sold.
Results: After continued poor performance and no
reasonable indications that the performance would improve, the entity was
sold.
Nature of Assignment:
Primary: Financial Advisory
Industry: Food Service; Retail
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