Southern Concepts Restaurant Group, Inc. · OTC:RIBS
Southern Concepts Restaurant — Investor Presentation (June 2015)
16 slides from Southern Concepts Restaurant's investor presentation, Jun 30, 2015
Slide 1: Southern Concepts Restaurant Group
SOUTHERN CONCEPTS RESTAURANT GROUP OTCQB: RIBS National Investment Banking Association Southem Concepts Restaurant Group, Inc. /2 North Cascade Ave / Suite 1400 /Colorado Springs / Colorado /80903 / OTCQB: RIBS
Slide 2: Forward-looking statements
The information in presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties, including statements
Slide 3: Issuer and trading summary
Issuer: Southern Concepts Restaurant Group, Inc. Exchange: OTCQB Symbol: RIBS Co-Chairman CEO Mitchell Roth General Counsel: Burns, Figa & Will, P.C. Auditors: Crowe GHP Horwath, P.C. 52 Week Range: $0.15 - $0.60 AverageVolume (3 months): 16,408 IssuedandOutstanding: 56,425,000
Slide 4: The Southern Hospitality Concept
The Southern Hospitality Concept Founded and Co-Created by Eytan Sugerman, Justin Timberlake and Trace Ayala in New York City, currently located at 45" and 9" Avenue in New York City. Southem Concepts Restaurant Group, Inc. /2 North Cascade Ave / Suite 1400 /Colorado Springs / Colorado / 80903 / OTC
Slide 5: Southern Hospitality Expansion
Southern Hospitality Expansion Downtown Denver Colorado Springs Lone Tree January 2013 February 2014 May 2015 Southem Concepts Restaurant Group, Inc. /2 North Cascade Ave / Suite 1400 /Colorado Springs / Colorado / 80903 / OTCQB: RIBS
Slide 6: What's Happening in the Industry?
What’s Happening in the Industry? MEXICAN GRILL PIZZERIA LOCALE Southem Concepts Restaurant Group, Inc. /2 North Cascade Ave / Suite 1400 /Colorado Springs / Colorado /80903 / OTCQB: RIBS
Slide 7: Fast Casual is Dominating
Fast Casual is Dominating 2013 restaurant traffic growth by segment 10 ‘The American fast casual food craze(sales growth since 1999) 600% Fast casual food 400 8 6 4 1% tafe change 200 2 o% 1% tm ° 2 O | + gee rates canraing Make Fe ang "00 "01 ‘02 ‘03 ‘04 "05 ‘06 "07 "08 "09 "IO ‘Il ‘2 13 ‘14 Source
Slide 8: Why Do Consumers LOVE Fast Casual?
Why Do Consumers LOVE Fast Casual? Consumers have been educated and variety exists. Consumers eat out more than they cook at home. The Great (convenient) Society. Changing macro demographic landscape
Slide 9: Fast casual peer valuations
Valued at 40 times P/E , which is slightly less than 5 times revenue and 17+ times store level earnings, at saturation of 1,783 stores. Public market capitalization of $2.3 billion, with only 34 company owned units and 32 licensed stores. Estimates 400 stores, maximum. Recently IPO’d, trading at mor
Slide 10: Fast Casual is an emerging industry segment
Fast Casual is an emerging industry segment, with lots of blue ocean. Consumers have voted for fast casual with their dollar. Cash on cash returns are powering rapid growth. Opportunity associated with the changing of the guard industry-wide
Slide 11: Enter... Carve Barbecue
Enter... CARVE BARBECUE Southem Concepts Restaurant Group, Inc. /2 North Cascade Ave / Suite 1400 /Colorado Springs / Colorado /80903 / OTCQB: RIBS
Slide 12: Carve Barbecue Concept
Carve Barbecue Concept CARVE BARBECUE Southem Concepts Restaurant Group, Inc. /2 North Cascade Ave / Suite 1400 / Colorado Springs / Colorado / 80903 / OTCQB: RIBS
Slide 13: Carve Barbecue Unit Level Economics
Carve Barbecue Unit Level Economics Sales $1,800,000 100% Cost of Goods Sold ($612,000) 34% Gross Margin $1,188,000 66% Labor Expense ($378,000) 21% Occupancy Expense ($126,000) 7% *Other Operating Expenses ($324,000) 18% Net Income $360,000 20% *Other Operating Expenses is inclusive of all store le
Slide 14: Carve Barbecue Growth
Carve Barbecue Growth Southem Concepts Restaurant Group, Inc. /2 North Cascade Ave / Suite 1400 / Colorado Springs / Colorado / 80903 / OTCQB: RIBS
Slide 15: 2015-2016 revenue and net income run rates
2015: Revenue Net Income Southern Hospitality Denver $2,600,000 $131,000 Southern Hospitality Southern Kitchen $2,400,000 $110,000 Southern Hospitality Lone Tree $3,000,000 $450,000 Carve Glendale (anticipated) $1,800,000 $360,000 EOY 2015 Run Rate $9,800,000 $1,051,000 2016: Carve #2 $1,800,000 $36
Slide 16: Thank You
Thank You OTCQB Symbol: RIBS (RS) Southem Concepts Restaurant Group, Inc. /2 North Cascade Ave / Suite 1400 /Colorado Springs / Colorado /80903 / OTCQB: RIBS
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