Stay Connected

Case Studies Restaurants

Print
A Recipe for Success

The Engagement

A Conway MacKenzie professional assisted a large restaurant franchisee.

Our Role

Services provided included:

  • Analyzing store-level profitability and identifying multiple, detailed action steps for operational improvement including changes in pricing strategy
  • Assessing/managing liquidity including capex plan development
  • Advising client with respect to valuation and unlocking real estate value
  • Identifying overhead reduction opportunities
  • Managing relations with lenders and assisting in negotiations

The Result

The Conway MacKenzie professional’s work helped the company to double EBITDA, thereby allowing the company to refinance its debt obligations.

Read More
Unlocking Value and Restructuring Debt Obligations

The Engagement

A Conway MacKenzie professional was engaged by a large franchisee through the restructuring of its debt obligations.

Our Role

Services provided included:

  • Assessing and managing liquidity needs
  • Analyzing and advising client with respect to store-level profitability
  • Identifying and implementing operational improvement opportunities
  • Advising client with respect to valuation and unlocking real estate value

The Result

The Conway MacKenzie professional’s work helped the company restructure its debt obligations.

Read More
Enhancing Liquidity and Restructuring Obligations

The Engagement

A Conway MacKenzie professional was engaged by a 91-unit restaurant franchisee.

Our Role

Services provided included:

  • Assessing and managing liquidity needs
  • Analyzing and advising client with respect to store-level profitability
  • Identifying and implementing operational improvement opportunities
  • Assisting with franchisor relations and negotiations
  • Advising client with respect to valuation and various strategic alternatives

The Result

The Conway MacKenzie professional’s work helped the company enhance liquidity and restructure its obligations to the senior lender and franchisor.

Read More
Out of the Fire

The Engagement

A Conway MacKenzie professional represented a large restaurant franchisee in the Northeast through its significant improvement in EBITDA and restructuring of more than $110 million of debt.

Our Role

The services we provided to the company included:

  • Assessing/managing liquidity including new store development requirements
  • Analyzing and advising client with respect to store-level profitability
  • Advising client with respect to valuation and unlocking real estate value
  • Identifying operational improvement opportunities
  • Managing relations with lenders and assisting in negotiations
  • Leading the process to ultimately restructure the debt obligations

The Result

The Conway MacKenzie professional helped the company complete a successful restructuring and improvement of its operations and balance sheet, including its senior secured, mortgage and subordinated debt.

Read More