Broadway Hospitality Group
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Broadway Hospitality Group - overview
Established
2004
Location
South Boston, MA, US
Primary Industry
Travel & Leisure
About
Broadway Hospitality Group operates a network of dining establishments offering community-focused experiences. Their Tavern in the Square brand emphasizes local engagement through diverse menu offerings catering to various dietary preferences. Broadway Hospitality Group specializes in casual dining and was founded in 2004 in South Boston, US. In March 2025, Authentic Restaurant Brands, a portfolio company of Garnett, acquired Broadway Hospitality Group in a recapitalization.
Broadway Hospitality Group (BHG) primarily operates a chain of dining establishments under the brand name Tavern in the Square, featuring 17 locations across Massachusetts, New Hampshire, Rhode Island, and Connecticut. Each Tavern reflects the unique character of its local community, offering a diverse menu that caters to a wide range of dietary preferences, including gluten-free and meatless options. The main service provided is a casual dining experience, where customers can enjoy food and beverages in a welcoming environment tailored to foster community connections. The company has established itself in these geographical markets by emphasizing a locally-inspired menu and community engagement, ensuring that its offerings are both relevant and appealing to the surrounding populations.
Revenue generation for the Broadway Hospitality Group is driven through direct sales to consumers within its Tavern in the Square locations. Customers typically engage in single transaction purchases, which may include food and beverage items across various price points. The transaction structure is straightforward, characterized by dine-in experiences where patrons order from a menu featuring flagship dishes and beverages. Each location operates as an independent restaurant but adheres to consistent quality standards and menu offerings.
The financial model focuses on maximizing customer satisfaction to encourage repeat patronage and community loyalty, thus contributing to the overall revenue stream without reliance on external partnerships or subscription models. Revenue is generated through in-person dining experiences, enhancing the local dining scene while maintaining a strong community presence.
Current Investors
Authentic Restaurant Brands
Primary Industry
Travel & Leisure
Sub Industries
Hospitality Services, Restaurants & Nightlife
Website
www.broadwayhospitalitygroup.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Broadway Hospitality Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Broadway Hospitality Group | - |
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