Thrive Restaurant Group
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Thrive Restaurant Group - overview
Established
1975
Location
Wichita, KS, US
Primary Industry
Travel & Leisure
About
Thrive Restaurant Group operates an extensive array of dining establishments in the U. S. , focusing on delivering diverse culinary options through popular brands while ensuring quality food and exceptional customer experiences across multiple states. Thrive Restaurant Group, founded in 1975, is based in Wichita, US.
The company specializes in operating a variety of restaurants, including well-known brands like Applebee's and Qdoba, catering to diverse dining preferences. It has not reported any major pivots in strategy or ownership changes. The founder's specific history is not detailed. Thrive Restaurant Group specializes in operating a diverse portfolio of dining establishments, including well-known brands such as Applebee's, Carlos O'Kelly's, HomeGrown, Modern Market Eatery, and Qdoba.
These restaurants provide a range of culinary options, catering to various tastes and dietary preferences, and are designed to offer quality food and memorable dining experiences to patrons. Thrive operates over 200 restaurant locations across 18 states in the U. S. , serving a wide customer base that includes families, groups, and individuals seeking convenient dining solutions.
Each brand under Thrive focuses on creating a welcoming atmosphere, whether it is casual dining or fast-casual experiences, aimed at enhancing the overall customer experience. The end users of Thrive's services encompass local communities, where the company actively seeks partnerships with organizations that align with their commitment to community involvement and support. Thrive Restaurant Group generates revenue primarily through direct sales from food and beverages at its various restaurant locations. The transaction structure involves customers dining in or ordering takeout, with payments processed at the point of sale.
Additionally, Thrive engages in potential partnerships and collaborations with local suppliers and community organizations, enhancing their service offerings and operational effectiveness. While specific pricing plans for menu items are not disclosed, customers typically experience a range of price points reflective of the dining categories of the brands, from affordable family meals to premium offerings. Thrive's success in revenue generation is closely tied to its extensive presence across multiple states, where it leverages brand recognition and customer loyalty to drive transactions and enhance profitability.
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife
Website
www.thriverestaurantgroup.com/
Total Amount Raised
Subscriber access only
Thrive Restaurant 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Modern Market Eatery | - |
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