Pei Wei Asian Diner, LLC
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Pei Wei Asian Diner, LLC - overview
Established
2019
Location
Irving, TX, US
Primary Industry
Logistics & Distribution
About
Pei Wei Asian Diner, LLC offers a range of fresh Asian-inspired cuisine, focusing on authentic Chinese dishes served in a fast-casual dining environment that caters to diverse dietary preferences. Pei Wei Asian Diner, LLC, founded in 2019, is headquartered in Irving, US, and specializes in Asian-inspired dining. In June 2019, West Coast Capital acquired Pei Wei from P. F.
Chang's China Bistro, Inc. , with financial terms not disclosed. The company operates as an independent entity following the acquisition, focusing on expanding its market reach. Pei Wei Asian Kitchen specializes in a diverse menu featuring Asian-inspired cuisine, particularly authentic Chinese food made fresh daily.
The menu includes lighter dishes, seafood options, and classic noodle dishes catering to various dietary preferences. Signature items include the Chicken, Avocado & Broccoli Protein Bowl, Firecracker Shrimp, and Chicken Pad Thai, alongside catering services for events with tailored packages. Pei Wei Asian Kitchen generates revenue through a direct-to-consumer model focused on in-store dining, takeout, and online orders. Customers can choose from individual dishes and catering packages, with a straightforward transaction structure.
The Pei Wei Rewards program incentivizes repeat purchases, enhancing revenue from regular customers and catering services. Pei Wei Asian Diner, LLC plans to leverage its recent acquisition by West Coast Capital to enhance its product offerings and expand into new geographic markets. Upcoming product launches are anticipated to cater to evolving consumer preferences, although specific details on new offerings and release dates are not available. The funding from the acquisition will support these growth initiatives as Pei Wei aims to solidify its presence in fast-casual dining, particularly in urban areas by the end of 2022.
Current Investors
West Coast Capital
Primary Industry
Logistics & Distribution
Sub Industries
Food, Food & Beverage Distribution
Website
www.peiwei.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Pei Wei Asian Diner, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Pei Wei Asian Diner, LLC | - |
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