The four-wall profit margins for our restaurants are strong because we partner wiith restaurants with the following attributes:
- High annual sales volumes. The average for our restaurants is over $2.1mn – significantly higher than the industry average of $849k.
- Low rent expense as a percent of sales: 5.4%
We focus on high quality restaurants with proven success. Our social media scores are high — our average score on the major review sites is:
- 4 stars on Yelp.
- 4.2 stars on TripAdvisor.
- 4.5 stars on Google.
- 4.6 stars on Facebook.
Many of our restaurants improved their social media scores under our ownership.
Our investor base is comprised of 53 institutional quality individuals. This includes meaningful contributions from Clean Plate management members and nine (current or former) CEOs.