Benzinga

OCTOBER 27, 2022

28, 2022 (GLOBE NEWSWIRE) -- The Saudi Arabia food service market size was valued at USD 12.57 Current spike in the number of food malls and food courts is expected to propel the market course. The shift towards international brands and the entry of major international food chains is projected to assist in market development.

Marketability 40

Marketability 40

Henry Horne

APRIL 7, 2022

House of Representatives voted today to add $42 billion to the Restaurant Revitalization Fund for food industry businesses that originally applied for a grant. Restaurants that applied previously will not need to reapply. The Restaurant Revitalization Fund was passed in 2021 with $28.6 But … Keep Reading.

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Benzinga

AUGUST 29, 2022

30, 2022 (GLOBE NEWSWIRE) -- The global food service market size crossed USD 2,323.29 Growth can be attributed to the rising disposable incomes of consumers, evolving lifestyles of consumers, particularly millennials, and the rising number of cafes, restaurants, and fast-food chains. Darden Restaurants, Inc. Brands, Inc.

Marketability 40

Marketability 40

Benzinga

NOVEMBER 1, 2022

(NASDAQ: CHEF ) has acquired specialty food distributor Chef Middle East (CME) from Gulf Capital, an alternative asset management firm in the Gulf and Southeast Asia. It provides specialty food products to higher-end restaurants, Full story available on Benzinga.com. The financial terms were not disclosed.

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Peak Business Valuation

SEPTEMBER 15, 2023

The restaurant industry includes local businesses that provide food services to seated customers. This industry is 100% fragmented as there are no major players in the restaurant industry. As such, restaurants face extreme competition from both internal and external players. Schedule a Free Consultation!

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Law 360 M&A

SEPTEMBER 8, 2023

million settlement of a derivative suit accusing insiders of restaurant supply business HF Foods Group Inc. of diverting millions to the company's founders and others easily secured Delaware Court of Chancery approval Friday, along with a 10% fee for the lead stockholder's attorneys.

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Sun Acquisitions

MARCH 1, 2024

A leading provider of commercial food-service furniture solutions initiates sell-side engagement managed by Sun Acquisitions. With over three decades of industry expertise, they have established themselves as a trusted source for a comprehensive range of furniture offerings tailored to the needs of businesses across various sectors.

B2B 59

B2B Marketability 59

Law 360 M&A

MAY 31, 2023

Mexican multinational beverage retail company Fomento Económico Mexicano SAB de CV, also known as FEMSA, said Wednesday it is selling its minority stake in wholesale food, beverages and equipment supply chain company Jetro Restaurant Depot to an undisclosed buyer for $1.4

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Benzinga

JULY 20, 2022

SoPa acquires Mangan.ph ("Mangan"), the leading local restaurant delivery service in Philippines. SoPa creates a one-stop food delivery solution in Philippines with both its grocery delivery service, Pushkart, and restaurant delivery service, Mangan. With this acquisition, SoPa has now amassed over 2.1

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Benzinga

MAY 25, 2022

A top fast food restaurant saw shares jump on rumors of a potential takeover by a leading investor. Here’s a look at how merger and acquisition activity could shape up in the restaurant sector. In 2021, Jack in the Box (NASDAQ: JACK ) acquired Del Taco Restaurants, a publicly traded Mexican cuisine company.

Market Capitalization 52

Market Capitalization Marketability Equity 52

ThomsonReuters

NOVEMBER 18, 2021

The IRS has issued guidance clarifying how the temporary 100% business expense deduction for food or beverages from restaurants applies to the meal portion of per diem rates and allowances. As background, Code § 274(n) generally limits otherwise allowable deductions for food or beverage expenses to 50% of the expenses.

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Equilest

JULY 1, 2023

To delve deeper into the intricacies of valuing a full-service restaurant and gain valuable insights into maximizing its potential, continue reading our comprehensive guide. Are you interested in buying or selling a full-service restaurant? So, let's dive in and discover how to value a full-service restaurant effectively.

Intangible Assets 40

Intangible Assets Business Valuation Asset-based Approach Marketability 40

Benzinga

NOVEMBER 1, 2023

PCI has an established track record as a leading packaging provider for consumer-packaged goods and specialty food service end markets. Today, PCI serves a global customer base consisting of cinemas, quick-serve restaurants, personal care companies, food and beverage manufacturers, stadiums, arenas, and more. Louis in 1982.

Marketability 40

Marketability 40

Machen McChesney

APRIL 6, 2022

Under a provision that’s part of one of the COVID-19 relief laws, the usual deduction for 50% of the cost of business meals is doubled to 100% for food and beverages provided by restaurants in 2022 (and 2021). The federal government is helping to pick up the tab for certain business meals.

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Peak Business Valuation

MAY 14, 2023

Read: Valuing a Retail Trade Business, Valuation Multiples for Retail Trade, Value Drivers for Retail Trade SBA Loan for a Food Service Business Financing a food service business with an SBA loan? The food service industry includes a wide range of businesses. Now is a great time to buy, expand , or sell a food service business.

eCommerce 52

eCommerce Business Valuation Finance Accounting Firms 52

Benzinga

APRIL 25, 2022

LAS VEGAS, April 25, 2022 (GLOBE NEWSWIRE) -- HF Foods Group Inc. NASDAQ: HFFG ), a leading food distributor to Asian restaurants across the United States ("HF Foods", "HF Group" or the "Company"), announced today that it has entered into an agreement (the "Agreement") to acquire substantially all of the assets of Sealand Food, Inc.

Marketability 40

Marketability 40

Law 360 M&A

JANUARY 24, 2023

McWin, a private investment firm that focuses on the food service industry, announced on Tuesday that it will acquire a majority stake in Germany's Italian-themed restaurant chain L'OSteria in a deal that values the chain at €400 million ($435 million) and supports the continued expansion of the company.

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Concannon Miller

MARCH 22, 2022

The Consumer Price Index covers the prices of food, clothing, shelter, fuels, transportation, doctors' and dentists' services, drugs, and other goods and services that people buy for day-to-day living. For example, if you operate a restaurant, spikes in food prices directly affect you.

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Benzinga

MARCH 2, 2023

OTC: GSPT )(the "Company") is pleased to announce that we have entered into a definitive agreement for the acquisition of Super Fresh Foods USA ("Super Fresh"), a U.S.-based based food-tech company established in 2022, specializing in meal-subscription operations.

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Benzinga

MARCH 21, 2023

NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) -- ItsaCheckmate , the center of a restaurant's digital ordering business, announces the acquisition of Open Tender, a first-party digital ordering and guest engagement platform that provides highly customizable and engaging designs for branded websites, mobile apps, and kiosks.

Marketability 52

Marketability 52

Benzinga

OCTOBER 1, 2022

signs LOI (letter of Intent) to acquire a mid-west wholesale food distributor. has entered into an agreement to acquire an operating wholesale food distributor. Sushi / Asian Fusion foods offered through a grab and go service. The Management team is focused on healthy alternatives in the fast-food industry, Yo-Health Inc.,

Marketability 40

Marketability Equity 40

Benzinga

AUGUST 2, 2023

02, 2023 (GLOBE NEWSWIRE) -- Nona Lim , the San Francisco-based producer of fresh, better-for-you noodles, broths and stir-fry kits, has been acquired by DDC Enterprise Limited, dba DayDayCook, a leading food content consumer brand headquartered in Hong Kong. SAN FRANCISCO, Aug. consumers.

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Benzinga

AUGUST 2, 2023

02, 2023 (GLOBE NEWSWIRE) -- Nona Lim , the San Francisco-based producer of fresh, better-for-you noodles, broths and stir-fry kits, has been acquired by DDC Enterprise Limited, dba DayDayCook, a leading food content consumer brand headquartered in Hong Kong. SAN FRANCISCO, Aug. consumers.

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Benzinga

APRIL 4, 2022

Founded in 2008 and headquartered in Québec City, GRA is a major purchasing group of independent restaurants and seniors' residences located mainly in eastern Quebec. We are extremely pleased to welcome the GRA team in the Colabor family," said Louis Frenette, President.

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Benzinga

JUNE 3, 2022

COVID-19 Impacts: Conclusion of Restaurants during COVID-19 Pandemic to Hinder Market . The COVID-19 bestowed lockdown limitations have compelled restaurants, food courts, and hotels to shut down their business. As a consequence, working experts have found it difficult to find meals in restaurants and cafeterias.

Marketability 40

Marketability 40

Benzinga

MAY 19, 2022

a rapidly expanding privately held company focused on creating high quality national brands, is pleased to announce that it has signed a contract to acquire a mid-west wholesale food distributor. Sushi / Asian Fusion foods offered through a grab and go service. subsidiaries, will operate grab & go restaurants in selected areas.

Marketability 52

Marketability 52

Benzinga

NOVEMBER 17, 2022

Demand was shown for both ready-made meals purchased online and for delivery of meals from restaurants. Tyson Foods (U.S.). Green Mill Foods (U.S.). McCain Foods (Canada). Get a Sample Copy of the Research Report: [link]. List of Key Players Covered in the Report. General Mills (U.S.). Nestle S.A. Switzerland).

Marketability 40

Marketability 40

Benzinga

APRIL 9, 2024

Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.

Marketability 52

Marketability 52

Valutico

SEPTEMBER 1, 2022

How fast can the fast food giant McDonald’s still grow? McDonald’s Corporation is a US-based fast food chain operating in over 100 countries. This partnership had the aim of testing a plant-based alternative for the product range of the fast food restaurant. The post How fast can the fast food giant McDonald’s still grow?

Dividends 59

Dividends Marketability 59

Benzinga

JULY 17, 2022

COVID-19 Impact: Restrictions on Restaurants Hampered Market Growth during Pandemic. The food and beverage industry faced mild impact due to restricted supply of material and production due to limited workforce. The outbreak of COVID-19 virus affected market growth in various industries. Get a Sample PDF Brochure: [link].

Marketability 40

Marketability 40

Equidam

MARCH 25, 2024

Food Processing 1.39 Food Retail & Distribution 0.59 Beer, Wine & Liquor Stores 0.63 Food Markets 0.63 Food Wholesale 0.37 Supermarkets & Convenience Stores 0.63 Tobacco Stores 0.63 Vending Machine Providers 0.63 Other Food Retail & Distribution 0.63 Airlines 1.42

EBITDA 56

EBITDA Banking Start-ups Business Valuation 56

Benchmark Report

APRIL 19, 2022

The company serves customers in various sectors, including education, transportation, manufacturing, construction, food processing, agriculture, oil and gas, municipal, retail, restaurants, and contract cleaning.

Marketability 98

Marketability 98

Benzinga

AUGUST 30, 2022

According to our expert analysts, commercial refrigeration equipment is gaining popularity due to the rising demand for food and beverage refrigeration, and expanding uses in chemicals and pharmaceuticals, the hotel industry, and other areas. Full story available on Benzinga.com.

Marketability 75

Marketability Technology 75

Benzinga

SEPTEMBER 29, 2023

About Lianlian Lianlian is a lifestyle service provider headquartered in Chengdu, China, providing comprehensive marketing and promotion services to restaurants, hotels and other leisure and entertainment merchants, helping them achieve cost-effective and long-term operations. trillion in 2020 to RMB35.3 trillion in 2025 1.

Equity 45

Equity Marketability Technology 45

Benzinga

JULY 17, 2022

The market expansion is likely to be fueled by rising demand for minimally processed, and preservative-free food products with a long shelf life. Furthermore, premade meals may be stored for a long period, resulting in fewer trips to the supermarket to buy food. Regal Kitchen Foods Limited. FiveStar Gourmet Food.

Marketability 40

Marketability 40

Benzinga

AUGUST 9, 2022

09, 2022 (GLOBE NEWSWIRE) -- MONTREAL , August 9 th , 2022 - MTY Food Group Inc. ("MTY" BBQ Holdings is a franchisor and operator of casual and fast casual dining restaurants across 37 states in the U.S., Its flagship restaurant brands operate under the "Famous Dave's", "Village Inn", "Barrio Queen", and "Granite City", banners.

Net Debt 40

Net Debt EBITDA Finance Marketability 40

Peak Business Valuation

OCTOBER 8, 2023

Food and Hospitality Businesses. Businesses in this industry particularly restaurants often need an equipment appraisal. If you are buying or selling surgical, dental, physical therapy, veterinary, chiropractic, cardiology, and endoscopy equipment you may need a medical equipment appraisal.

Appraisal 52

Appraisal Business Valuation Finance 52