Muscle Maker, Inc. IPO
Muscle Maker is in the process of re pricing and filing with the SEC. Do not wire funds or ACH funds at this time. You will receive an updated notice of the timing of closing and an update notifying you of the new terms and conditions of the offering. At that time, you can decide to participate and will receive a notice of where to send funds.
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 53 restaurants across 14 states. By the end of April 2018, the company plans to open 5 to 10 new company-operated and 9 new franchised restaurants, including military bases, in 16 states throughout the US and internationally.
Muscle Maker Grill generates revenue from its 12 company-operated locations as well as from initial franchise fees and ongoing royalties from its 41 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.