Muscle Maker, Inc. IPO Expected 4th Q 2017
Muscle Maker Grill is a leading healthy fast-casual restaurant brand that acquires and operates company-owned restaurants as well as franchises its name and business system to qualified franchisees. The company provides healthier versions of mainstream-favorite dishes for everyone -- fitness enthusiasts, those starting their journey to a healthier lifestyle, and people trying to eat better while on-the-go. Muscle Maker Grill currently has 51 restaurants across 12 states with international and military expansion plans in place to add more than 35 new store locations throughout the U.S. and abroad by 2018.
Muscle Maker Grill generates revenue from its 12 company-operated locations as well as from initial franchise fees and ongoing royalties from its 39 franchises. While a typical QSR fast-casual brand has two to three revenue streams, Muscle Maker Grill executes on eight different revenue streams, which include dine-in, take-out, delivery, catering, meal plans, retail, grab and go kiosks, and food trucks. Muscle Maker Grill has created scalable restaurant-level systems, processes, and training procedures that enable the company to add new stores while maintaining a consistent, high-quality experience designed to exceed customer's’ expectations.