Back Yard Burgers Inc.

Back Yard Burgers, Inc. is a U. S. -based quick-service restaurant chain that specializes in delivering quality burger meals, sides, and catering services designed to meet diverse consumer preferences.

Back Yard Burgers operates as a quick-service restaurant chain, focusing on high-quality burger offerings. Founded in 1987 in Nashville, Tennessee, the company has undergone a significant transformation in its business strategy. The most recent funding round was a Public to Private transaction completed on June 26, 2023, through which the company raised USD 38. 00 mn from Pharos Capital Group.

The total amount raised by the company stands at USD 38. 00 mn. The company has completed three funding deals to date. Back Yard Burgers specializes in the quick-service restaurant sector, offering a diverse range of burger menu items.

Their core products include freshly grilled burgers, various sides, and catering services aimed at providing convenient meal options for families and gatherings. The company positions itself to address the demand for quality fast-casual dining experiences, focusing on meals that encourage social interactions. Back Yard Burgers serves customers across various regions in the United States, with locations strategically placed to attract both locals and travelers. In the most recent financial year, Back Yard Burgers reported a revenue of USD 44.

71 mn, with an EBITDA of USD 4. 37 mn. Revenue generation primarily comes from direct sales at restaurant locations and catering services for events, facilitating a straightforward transactional structure for customers. In June 2023, Back Yard Burgers, Inc.

filed for Chapter 11 bankruptcy protection, which has prompted the company to reassess its future growth plans. With the recent capital raised, the company aims to stabilize its operations and explore new product offerings and potential geographic expansions. Specific details regarding upcoming products or targeted new market locations have not been disclosed. The recent funding will likely be pivotal in navigating this transition and supporting ongoing business strategies.