Tokyo Joe's

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Tokyo Joe's - overview

Established

1996

Location

Centennial, CO, US

Primary Industry

Travel & Leisure

About

Tokyo Joe's is a fast-casual restaurant chain specializing in Asian-inspired cuisine, offering customizable meals that cater to diverse dietary preferences and health-conscious consumers. Founded in 1996 in Centennial, US, Tokyo Joe's provides a range of Asian-inspired dining options. The company has undergone strategic changes to enhance its menu offerings but remains focused on healthy, quick meal solutions. Larry Leith founded the company, and Jon Vingo currently serves as CEO.


In April 2013, Gridiron Capital acquired a majority stake in Tokyo Joe's. Tokyo Joe's specializes in offering a diverse range of Asian-inspired menu items, primarily focusing on customizable food experiences. Their core offerings include Build-Your-Own Bowl Bars, Poke Bars, Bento Boxes, and Sushi Platters, designed to cater to various dietary preferences and tastes. These products aim to provide fresh, healthy, and quick meal options suitable for corporate lunches, office meet-ups, and special events, addressing the needs of health-conscious consumers seeking flavorful dining options.


Tokyo Joe's serves a wide customer base, including individuals and organizations in metropolitan areas such as Denver, Fort Collins, Colorado Springs, and Phoenix, ensuring accessibility and convenience for their clientele in these regions. Tokyo Joe's generates revenue through direct-to-consumer sales and catering services, leveraging a straightforward transaction structure. Customers can place orders online, via email, or by phone, which facilitates seamless interactions for both individual and corporate clients. The company offers rewards programs to incentivize repeat business, allowing customers to earn points for every dollar spent, culminating in free entrées after reaching specified point thresholds.


While specific pricing details for individual menu items are not disclosed, the offerings are designed to provide value and cater to various budgets. The company's focus on fresh and customizable dishes positions it well within the fast-casual dining sector, appealing to a broad audience seeking quality and convenience. Tokyo Joe's strategy for future growth includes the introduction of new, innovative menu items aimed at expanding their customer base. The company is focused on entering new markets, particularly targeting expansion into metropolitan areas beyond its current locations by the end of 2024.


Recent funding from the acquisition by Gridiron Capital in April 2013 will be utilized to support these initiatives.


Current Investors

Gridiron Capital

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife

Website

www.tokyojoes.com

Verticals

Mobile Apps

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Tokyo Joe's - 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)
BuyoutCompletedTokyo Joe's-

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