Sizzling Platter, LLC
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Sizzling Platter, LLC - overview
Established
1963
Location
Murray, UT, US
Primary Industry
Travel & Leisure
About
Sizzling Platter, LLC is a U. S. -based multi-brand franchise growth platform specializing in the food and beverage sector, offering diverse dining options through well-known franchises. Founded in 1963, Sizzling Platter, LLC is a multi-brand franchise operator in the food and beverage industry.
The company is headquartered in Murray, US and has successfully executed 4 total deals. It recently raised USD 1,000. 00 mn in a SECONDARY BUYOUT from Bain Capital, which represents the total amount raised to date. Jim Balis and Ted Morton currently serve as CEOs.
Sizzling Platter operates as a multi-brand franchise growth platform, focusing on the food and beverage sector. The company offers a diverse range of dining options through its portfolio of well-known brands, including Little Caesars, Jamba, Dunkin', and Wingstop, among others. Each brand provides unique menu items, catering to various consumer preferences and dining occasions, whether it be quick-service or casual dining. The company primarily targets customers in the United States and Mexico, serving a wide demographic that values convenience, quality, and diverse food offerings.
By leveraging its strong franchise partnerships, Sizzling Platter aims to enhance customer experiences while contributing to the operational success of its franchisees. Sizzling Platter generates revenue through a franchise model, where it partners with various restaurants to offer its brand portfolio. This model includes a structured transaction framework, primarily focused on franchise fees and royalties based on sales performance. Franchisees are responsible for operating the restaurants, while Sizzling Platter provides support in terms of marketing, training, and operational guidelines.
The company’s flagship brands, such as Little Caesars and Dunkin', are known for their strong market presence and customer loyalty, which contribute significantly to the overall revenue stream. Transactions typically occur on a direct-to-consumer basis, as customers purchase food items from the franchise locations, driving sales that benefit both the franchisees and the parent company through the established fee structure. As part of its future growth strategy, Sizzling Platter plans to introduce new products and expand its operations into new markets. Specific details on upcoming product launches and their release dates are currently in development.
Geographic expansion efforts are focused on increasing the company’s footprint in additional markets within the U. S. and Mexico. Recent funding from the SECONDARY BUYOUT will be utilized to support these expansion initiatives and further enhance the company’s operational capabilities.
Current Investors
CapitalSpring, Valor Equity Partners, Yukon Partners
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife
Website
www.sizzlingplatter.com/
Verticals
Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Sizzling Platter, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Sizzling Platter, LLC | - | ||||||||
| Recapitalisation | Completed | Sizzling Platter, LLC | - | ||||||||
| Trade Sale | Completed | Little Caesars Pizza | - | ||||||||
| Add-on | Completed | Little Caesars Pizza | - | ||||||||
| Buyout | Completed | Sizzling Platter, LLC | - |
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