We began serving this industry at the creation of our firm, with a franchised restaurant group in Central Florida, the world’s largest tourist destination. Five years ago, our New Jersey office began serving clients in this industry as well. We also provide services to the world’s largest baggage handling and valet service.
We provide such consulting services as Business plan drafting, operational and profitability consulting, merger/acquisition strategies in addition to traditional tax planning and compliance for high end restaurants, a nationally recognized franchised restaurant group and a renowned specialty bakery in Manhattan. We have provided consulting on point of sale systems and sales and wage/hour tax filings as well. Fixed assets and facilities are a large portion of investment in this industry. Our expertise in real estate and other industries allow us to offer such sophisticated services such as Cost Segregation, Repair and Maintenance and Energy Tax Credit Studies at reasonable fees to our clients, generating significant tax savings. Our in depth consulting services also drill down to developing metrics such as revenue per table and turn rates and to monitoring expense and cost of sale structures.
Our merger and acquisition practice also comes into play with this industry as business transactions are frequent and sometimes complex. Our in depth experience makes this process simple for our clients.