FML Hospitality Advisory
Hospitality advisory from people who have run the business.
Strategic consulting for restaurant owners, caterers, venue operators, hotel owners, investors and family offices.
Exit Strategy & Succession
Multi-year roadmaps for owners planning retirement, a family transition, or a sale, with preparation and timing focused on value.
Business Valuation
Market-based valuation of hospitality businesses and real estate, with the buyer's lens on earnings, owner dependency and transferability.
Mergers & Acquisitions
Buy-side and sell-side representation for independent operators, multi-unit groups, family offices and private equity platforms.
Lease Strategy & Negotiation
Renewals, assignments, expansions and landlord negotiations that protect value and make a business saleable.
Profitability Enhancement
Menu engineering, labor modeling, purchasing, pricing and P&L discipline from people who've run kitchens and banquet floors.
Operations & Systems
Management structure, SOPs, staffing and technology that reduce owner dependency and raise enterprise value.
Growth & Development Planning
Concept development, new locations, catering and events expansion, feasibility and site selection.
Investor Advisory
Underwriting, operator selection and asset strategy for investors entering hospitality.
Brand & Presentation
Review reputation, digital presence and facility presentation to help buyers understand the business and its value.
From operating detail to a transferable business
Preparation is where value becomes credible.
Read the earnings carefully
Review adjusted cash flow, owner compensation, recurring costs and defensible add-backs. For event businesses, distinguish booked revenue from deposits, cancellation obligations and future delivery costs.
Organize the business
Document staffing, management depth, systems, vendor arrangements and customer concentration. Assemble financial information, lease terms, licenses and operating records so buyers can evaluate transferability.
Coordinate the transition
Prepare for financial and operational diligence, lease assignment, professional review and closing coordination. Plan handover responsibilities and continuity with the owner, buyer and their legal and accounting advisors.
Who we advise
From single-unit owners to institutional capital.
- Restaurant & café owners
- Catering & business dining companies
- Wedding venues & banquet facilities
- Hotels, inns & resorts
- Bars & nightlife
- Investors, family offices & PE platforms
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