Restaurant Acquisition and Turnaround
Success with AvVa Consulting's Financial
Management Services
A restaurant, in its 15th year of
operation, was experiencing growing
pains alongside its steady growth and
profitability. The restaurant was facing
business challenges, risks, and
opportunities, which were impacting
their day-to-day operations. The
restaurant had multiple acquisition
opportunities in front of them and
needed to manage their profitable
growth while dealing with the issue of
outgrowing their physical space.
AvVa was acting as a virtual Chief
Financial Officer, met with the client to
understand their long-term vision for the
business. We targeted five specific
areas: analyzing business acquisition
opportunities, prioritizing growth
opportunities, capital planning to handle
growth, financial measurement needs,
and finding a new location to assist with
the client’s physical expansion.
We conducted a thorough due diligence
process for the potential acquisitions,
assessing their financial health,
operational efficiency, and market
position. This helped the restaurant
make informed decisions about which
businesses to acquire.
With AvVa's support, the restaurant was successful in acquiring two other businesses. The
acquisitions brought value to the business and were seamlessly integrated into the existing
operations.
The restaurant was able to prioritize its growth opportunities and develop a channel strategy
with special pricing for that channel. We worked with the restaurant, its staff, and accounting
firm to assess their capital needs and worked with their bank to expand their line of credit to
handle the growth of the business.
We developed financial targets for the business and created financial models for the
combined businesses to analyze the businesses' value after acquisition.
This not only saved the client time and money but also enhanced the value of the business.
Finally, we helped the restaurant secure a new location for its physical expansion. We
negotiated a favorable lease agreement that allowed the restaurant to manage its cash flow
effectively while accommodating its growth.
This case study highlights AvVa's expertise in financial management and strategic planning,
and its commitment to guiding businesses to new heights. The restaurant's management
team was highly satisfied with the results and appreciated AvVa's efforts in turning around their
financial situation
