Restaurant Consulting Firm

The restaurant industry has experienced seemingly insurmountable challenges over the past several years. The industry has seen generalized year-on-year sales and guest declines. It has experienced sudden and lingering changes in the supply chain and labor costs, exacerbating margin pressure. And the stress of the evolving business environment and workforce availability is threatening operational norms.

CR3’s process is designed to turn these challenges into opportunities by addressing these threats head-on. Our clients find that our 360° assessment leverages a comprehensive approach to identifying core issues while maintaining open communication channels with key stakeholders and defining actionable remediation plans. From strategy to operational reengineering to applying sophisticated financial solutions, our restaurant turnaround consultants and experts deliver for our clients and their constituents.

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The company is a 40-year-old California-based soup and salad cafeteria chain operating 130 restaurants. Faced with declining sales, challenging labor costs, significant debt burden, and multiple internal operational issues, the company was forced to file for bankruptcy.
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The company was a $300MM private equity-owned casual dining restaurant that experienced sales declines due to industry trends and the COVID-19 pandemic, forcing the company to file for Chapter 11 bankruptcy to reorganize.
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Explore Professionals

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Dawn  Ragan

Dawn Ragan

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Barak  Tulin

Barak Tulin

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David  Tiffany

David Tiffany

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Sugi  Hadiwijaya

Sugi Hadiwijaya

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CR3 Conversations: Restaurant Industry During COVID-19
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CR3 Conversations: Restaurant Industry During COVID-19

The restaurant industry has been one of the hardest-hit industries during COVID-19. Director, Kep Sweeney, gives advice on how to best navigate through it and shares what his current client has done to actually improve during these difficult times.

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Lenders as Accidental Restaurant Owners: Four Success Factors of Temporary Restaurant Ownership
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Lenders as Accidental Restaurant Owners: Four Success Factors of Temporary Restaurant Ownership

During COVID-19, a significant amount of restaurant bankruptcies saw the lenders taking over the assets when no qualified buyers came to the table. Now that these lenders have become temporary restaurateurs.

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CR3 Partners Named to Consulting Magazine list of Best Small Consulting Firms 2021
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CR3 Partners Named to Consulting Magazine list of Best Small Consulting Firms 2021

CR3 Partners was recently named to Consulting Magazine's list of Best Consulting Firms to Work For. It is an honor to be part of this distinguished list of companies.

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Contact us to speak to restaurant turnaround consultants today or learn more about our restaurant consulting firm.