True Food Kitchen

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True Food Kitchen - overview

Established

2008

Location

Phoenix, AZ, US

Primary Industry

Travel & Leisure

About

True Food Kitchen is a health-focused restaurant chain that offers a variety of seasonal dishes made from real food ingredients, emphasizing a menu that is entirely seed oil-free. True Food Kitchen was founded in 2008 in Phoenix, US. The company operates restaurants with a commitment to seasonal, health-conscious dining. In February 2012, True Food Kitchen was acquired by P.


F. Chang's China Bistro, Inc. , a portfolio company of Centerbridge Capital Partners. The CEO is Christine Barone, who oversees the company’s strategic direction.


The business has engaged in 3 deals since its inception, with the latest round of funding being a GROWTH round where USD 100. 00 mn was raised, led by notable investors such as HumanCo and Manna Tree Partners. True Food Kitchen specializes in seasonal dishes crafted from whole, real food ingredients and is committed to being 100% seed oil-free. The menu includes a diverse range of items such as salads, bowls, pizzas, and desserts, aiming to nourish communities.


The company focuses on fresh, high-quality ingredients sourced from local growers, and their offerings cater to health-conscious consumers, families, and groups seeking nutritious dining options across various locations in major urban centers throughout the United States. True Food Kitchen generates revenue primarily through consumer transactions at its restaurants, where patrons order food and beverages either on-site or via takeout. The revenue model includes a straightforward point-of-sale system for individual menu items, with catering services also providing larger event orders. Pricing is strategically set to attract a wide demographic, enhancing customer experience and driving repeat business.


True Food Kitchen aims to expand its market presence by introducing new products and launching additional locations. The company is focused on engaging health-conscious consumers and is set to explore new geographic regions by 2013. The GROWTH round funding of USD 100. 00 mn will support these initiatives, allowing True Food Kitchen to enhance its offerings and broaden its reach in the dining market.


Current Investors

Lion Capital, Centerbridge Partners, OW Management

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife

Website

www.truefoodkitchen.com

Verticals

E-commerce

Total Amount Raised

Subscriber access only

True Food 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)
GrowthCompletedTrue Food Kitchen-
Trade SaleCompletedTrue Food Kitchen-
Add-onCompletedTrue Food Kitchen-

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True Food Kitchen - employee data

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