The One Group Hospitality, Inc. · NASDAQ:STKS
The One Group Hospitality — Investor Presentation (June 2023)
8 slides from The One Group Hospitality's investor presentation, June 2023
Slide 1: Investor Presentation June 2023
INVESTOR PRESENTATION J U NE 2 02 3
Slide 2: Vision and Strategic Pillars
Vision: The Undisputed Global Leader In VIBE Dining. Mission: STRATEGIC PILLARS Operations Marketing Culinary Execution: Craveable: Best at Four Wall Execution Holidays: Flavorful and Memorable - To be the BEST - Best in Class at Guest Experience Celebrate and Convert Have to Have it Again Restauran
Slide 3: Company-Owned Restaurant Level Margin and Adjusted G&A
COM PA NY- OWNED R ESTAU R A N T LE V E L M A R G I N 0 bps +5 1 ADJ U STED G& A % O F G AA P R E V E N U E 14.3% 13.6% 11.5% 8.4% 8.6% 7.9% 7.9% 7.6% 2016 2017 2018 2019 2020 2021 2022 2023 Guidance *2023 based on the mid point of provided guidance
Slide 4: Stand Out SSS Performance Post-Covid
STAND OU T SSS P ER F O R M A N C E POST- COV I D SSS H I STO RY 69.0% 45.0% 1.0% 9.0% 8.0% 2017 2018 2019 2021 2022 SSS vs. 2019 SA M E STOR E SAL ES G R OW T H VS . 2 01 9 STK Fine Dining Steak Index 81.9% 70.6% 63.8% 60.0% 62.9% 62.6% 54.3% 25.2% 20.4% 14.7% 17.8% 14.8% 10.4% 8.1% 1.9% (17.3%) Q1
Slide 5: Stand Out SSS Performance Post-Covid
STAND OUT SSS P ER F O R M A N C E POST- COV I D SSS H I STO RY 38.2% 26.9% 27.5% 27.6% 27.7% First Quarter of The ONE Group 23.0% 22.3% Ownership 3.9% 4.6% (6.2%) AVG of Q4'19 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'17 to Q3'19 SSS vs. 2019 All eleven quarters were negative SA M E STOR E
Slide 6: Superior Historical and New Unit Economics
SUPE RI OR H I STOR I C AL AN D N E W U N I T E CO N O M I C S R EVE N UE & AVE R AGE WEEKLY VOLUMES Dollars in thousands *Since opening ACQUISITION ROI – 24 UNITS DEVELOPMENT ROI s AUV Restaurant Level Margin ps % 0b +26 +13 RETURN ON INVESTMENT $14.2MM 2022 restaurant ~60% EBITDA (1) ROI ON ACQUIS
Slide 7: Compelling Whitespace Opportunity
2023 REMAINING OPENINGS STK (3-5) Charlotte, NC Boston, MA Washington, D.C. Salt Lake City, UT Aventura, FL = COMING SOON PREMIER MARKETS PREMIER VENUES COMPELLING GEOGRAPHICS COMPELLING WHITESPACE OPPORTUNITY 2023 REMAINING Coming Soon OPENINGS KONA GRILL (2-4) Coming Soon Riverton, UT Desert Ridge
Slide 8: Projected New Unit Economics by Ownership Type
PROJECTED NEW UNIT ECONOMICS BY OWNERSHIP TYPE Revenue $8.0mm Revenue $5.0mm EBITDA $1.9mm EBITDA $1.0mm Cash Investment $3.8mm(1) Cash Investment $2.5mm(1) ROI 50% ROI 40% (1) Excludes preopening expenses and net of tenant improvement allowances Well Positioned for Fast Growing Significant Growth i
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