Protein Bar & Kitchen

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Protein Bar & Kitchen - overview

Established

2009

Location

Chicago, IL, US

Primary Industry

Travel & Leisure

About

Protein Bar & Kitchen offers a health-focused menu with innovative products, including shakes, smoothies, and protein-rich meals designed for health-conscious consumers seeking nutritious fast food alternatives. Founded in 2009 in Chicago, US, Protein Bar & Kitchen specializes in creating health-oriented food options. The company was acquired by L Catterton for USD 22 mn in September 2013. The CEO is Jeff Drake, while Matt Matros is the founder.


Protein Bar & Kitchen specializes in providing a health-focused menu that includes shakes, smoothies, acai bowls, and protein-packed meals. Their core products cater to health-conscious consumers seeking nutritious alternatives to traditional fast food. The company emphasizes easy customization, allowing customers to modify orders according to dietary preferences, appealing to fitness enthusiasts, busy professionals, and families in major urban areas across the United States. Revenue generation at Protein Bar & Kitchen primarily occurs through direct-to-consumer transactions in their franchise locations.


The company operates under a model that includes retail sales of signature products, such as new protein shakes and nutritious meal options, fostering customer loyalty through the PBK Rewards program. Promotional offers, such as the USD 5 Thursday shake deal, encourage repeat business and customer engagement, with franchisees sharing in revenue from in-store purchases. Protein Bar & Kitchen plans to utilize the recent funding of USD 22 mn from L Catterton to enhance its product lineup and expand geographically. Upcoming products include new health-focused menu items slated for release in the next year.


The company aims to enter additional markets across the United States, targeting key urban areas by 2025, thereby increasing its footprint in the health food segment.


Current Investors

L Catterton

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife

Website

www.theproteinbar.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Protein Bar & Kitchen - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedProtein Bar & Kitchen-

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