×

HELPING BRANDS GROW SMARTER

Restaurant Development & Facilities Management

TALK TO AN EXPERT

WHAT WE DO

Development Capital Management

From Due Diligence to the Restaurant Opening we operate as the Owner’s Representative ensuring that all aspects of the development and construction process are managed with the investors’ best interest in mind.

DEVELOPMENT MANAGEMENT

SIGNS OF STRUGGLING PROGRAMS:

  • Multiple projects over budget
  • Excess contractor Change Orders
  • Additional ‘Soft Costs’ beyond initial budget
  • Recurring schedule delays
  • Contractor disputes and litigation
  • Lease defaults and property liens
  • High vendor and employee turnover

COMMON CAUSES:

  • Poor due diligence
  • Unexpected build-out cost hidden in the lease
  • Insufficient process and procedures
  • Inexperienced architects/engineers/general contractors
  • Deficient architectural plans
  • Lack of knowledge regarding codes and permitting
  • Inefficient/over-designed space
  • Internal departmental/personnel deficiencies
  • Unrealistic project schedules and budgets

WHO WE ARE

EXPERIENCE

We are a team of corporate restaurant development & facilities professionals who  understand your unique challenges.

CROSS FUNCTIONAL

We understand a project from multiple angles including that of your operations and finance/accounting teams.

PARTNER

We are a partner with the ability to interact with executive teams and boards requiring a high level of confidentiality.

Our partners are seasoned professionals who have held key positions within some of the largest and most iconic brands in the country. Tapping into this experience, and sharing what we have learned, has enabled us to develop several critical systems and procedures that are proven to be successful. ​​

Greg Pippett

Nate Berkowitz

EXAMPLES OF OUR WORK

  • Through audit of landlord workletter, we uncovered several components that would have resulted in inefficient use of negotiated tenant allowance and would have resulted in the project going over budget.
  • Our early involvement in a client’s reimaging program resulted in substantial scope reduction based on clients required ROI. This enabled them to prioritize capital and maximize number of locations included in the program.
  • On multiple occasions, we have been brought into engagements through investors and boards to support senior leadership on development projects.
  • Through initial due diligence of our client’s potential space, we were able to perform a test fit of their concept, identifying multiple conflicts in design and utilities. This resulted in the project coming in on budget and on time.
  • We oversaw special projects for a client including existing portfolio assessment, exit cost analysis, asset cost analysis and renegotiation of lease terms.

HOW WE CAN HELP

Owner’s Representation

Site Selection & Feasibility Study

LOI/Lease Review

Site Due Diligence

Test Fit

Project Team Management

Pre- Construction Services

Construction Management

Design Build Services

Warranty Management

Renovation and Refresh Program

Repair & Maintenance Services

Follow Us On LinkedIn

© Copyright 2020 - Pippett Consulting. All Rights Reserved.