The Briad Group

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The Briad Group - overview

Established

1987

Location

Livingston, NJ, US

Primary Industry

Travel & Leisure

About

The Briad Group is a diversified hospitality firm specializing in food and accommodation services, including fast-food franchises and hotel operations, primarily in the northeastern US and California. Founded in 1987 in Livingston, US by Brad Honigfeld, The Briad Group operates in the hospitality sector, focusing on franchise operations and hotel accommodations. The company has remained consistent in its strategy and has not reported any significant operational pivots. Its headquarters are located in Livingston, and it serves a diverse clientele across New York, New Jersey, Connecticut, and California.


Brad Honigfeld has been instrumental in leading the company since its inception. The Briad Group is a diversified hospitality company that offers a broad range of products and services within the food and accommodation sectors. Their core product offerings include franchise operations of Wendy’s® Old Fashioned Hamburger restaurants, a network of Marriott and Hilton hotels, and unique dining experiences through Rooftop Experiences and Lounges. Briad's operations span a significant geographical area, serving clients and end users primarily in the northeastern United States, including New York, New Jersey, and Connecticut, as well as expanding into California.


The company targets a diverse clientele, ranging from fast-food customers seeking casual dining options to travelers and tourists in need of quality lodging experiences. Their services are designed to create enjoyable and memorable experiences, meeting various hospitality needs across their operational segments. The revenue structure of The Briad Group is built around diverse business transactions that encompass both food service and hotel accommodations. The company generates income through direct-to-consumer sales at its Wendy’s locations, where customers purchase meals and beverages, and through guest stays at its hotel properties under the Marriott and Hilton brands.


Additionally, revenue is supplemented by the unique offerings from Rooftop Experiences, which attract patrons looking for distinctive dining and leisure environments. The pricing model is reflective of standard market rates for both fast food and hotel accommodations, ensuring competitive positioning within the hospitality industry. These transactions involve a mix of individual consumer sales and potentially corporate partnerships for event hosting in their venues.


Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Bakery Products, Hotels & Accommodations, Restaurants & Nightlife

Website

www.briad.com

Total Amount Raised

Subscriber access only

The Briad Group - 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)
Trade SaleCompletedMain Street Restaurant Group Inc-

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