Issue link: http://deals.uberflip.com/i/1535917
2 DESTINATION RESTAURANT & MAPLE SYRUP PRODUCTION COMPANY (incl. Property) #59860 BUSINESS HIGHLIGHTS This Northeast-located, 226-seat, full-service pancake house and restaurant is located on 90 acres of pris ne property, dedicated to providing guests with a once-in-a-life me dining experience. The team has tapped maple trees on the property for over forty years, extrac ng and refining the sap to create pure maple syrup. Today, it is sold wholesale, online and in the retail storefront alongside one of the leading des na on restaurants in the region. All while allowing customers to witness the process, from tree to treat. Established in 2000, the restaurant was renovated in 2021-22, including significant addi ons, a larger kitchen and new natural gas equipment. The restaurant is open for breakfast, lunch and dinner seven days a week and sees around 270,000 guests annually with a strong local repeat customer base. In a typical year, 3- 5% annual revenue growth has been experienced alongside incremental customer growth. The en re facility is 17,900 square feet, with the restaurant making up 14,200 square feet. The Owners are supported by a well-trained team of 33 full- me and 56 part- me employees spread across the restaurant, produc on and retail business areas. The property is included in the sale. Ahmad Behja Managing Director - M&A E: abehja @genera onal.com D. 203-716-1185 M. 203-945-8919 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2022 DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to the accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and/or its affiliate network members are agents for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. REVENUE / EBITDA 2024 REVENUE (PROJ) INVESTMENT APPEAL a. Superior Name and Reputa on: Since its founding the Company has built a reputa on for its beau ful surroundings, welcoming and fun environment, delicious food, seasonal ac vi es, and friendly staff. Evidenced in the 4.5/5 star ra ngs from over 5,100 independent, public reviews. b. Unique Loca on and Opera ons: The 90-acre property is located in a rural se ng with spectacular views. Seasonal events take advantage of the impeccably maintained buildings and grounds in a warm and invi ng atmosphere, driving repeat business as happy customers created las ng family tradi ons at the property. c. Growth Opportuni es: Management have iden fied the opportunity to expand the facility to Include a bakery, cider mill, lodging with the poten al to double revenue. The property has ample, cleared land for addi onal infrastructure and opera ons. Genera onal Equity 125 Park Avenue, 25th FL New York, NY 10017 T. 212-401-7961 $490K $575K $6.0M $6.2M 2025 REVENUE (PROJ) 2025 EBITDA (PROJ) 2024 EBITDA (PROJ) SIGN NDA ► CUSTOMERS Annually ~270,000 FINANCIAL PERFORMANCE ($M) SYRUP PRODUCTION Season Feb-Mar Markets Inhouse Wholesale Online RESTAURANT Maj. Renova on 2021-22 Square Feet 14,200 Dining 260 Seats Daily Hours 8am - 8pm EXPERIENCED TEAM Full-Time Part-Time REVENUE MIX Shipping 1 Produc on - Office 1 Maintenance 4 Rest. Floor 12 Rest. Kitchen 15 Owners - 1 1 1 - 37 16 REVENUE MIX ($M)