Consumers don’t always follow their stated priorities. But it’s worth looking at which limited-service patrons want healthy items, and the importance of offering natural, organic or sustainable items at LSRs.
31% of LSR consumers with household incomes between $100,000 and $150,000 say it’s important to offer healthy items, and those making $150,000 or more are most likely to call natural items important (23%).
The Bottom Line: The venerable Japanese steakhouse chain fetched a modest multiple in its sale to The One Group. But that’s where values have fallen these days.
Acquiring the 86-unit teppanyaki chain will make the owner of STK and Kona Grill a $1 billion company. And it's just the beginning of an ambitious long-term growth plan.