Contract Management

Summers Hospitality Group® offers restaurant contract management services dedicated to dramatically improving your foodservice businesses overall performance and long term success. We do this utilizing innovative and proven strategic marketing and operational programs that drive real, organic guest loyalty, top line sales and bottom line profits.

Innovating a single unit operation or turning around a drifting restaurant chain requires a combination of proven operational skills and strategically focused leadership. SHG® provides a complete portfolio of restaurant contract management services including operations, marketing, culinary and staff and management training.

Scope

Our restaurant contract management mission is to work closely with owners, operators and investors to bring stability and greatly improved financial performance to the foodservice establishment. Our areas of expertise encompass a broad spectrum of restaurant operations including:

• Concept Development & Analysis
• Operations Analysis and Execution
• Restaurant Turnarounds
• Profit Analysis
• Marketing
• Management & Leadership Effectiveness
• Corporate Management
• Management and Staff Training & Recruitment
• Menu & Culinary & Procurement Strategies
• Growth & Innovation Strategies
• Sales & Exit Strategies

Our contract management team brings over 400 combined years of successful experience in developing restaurant management accountability, cost control systems, sales building initiatives and debt restructuring strategies – essential components to successful restaurant and hospitality business turnarounds. Our approach creates a strategic and tactical focus among team members and restaurant management to execute according to sound strategies while provides change process support to achieve your business goals.

Fees

Typically, most contract management fees contain up to three major components. These are:

1. Initiation Fee: This is based on the size of a property/operation and includes all the work related to the start-up, including staffing, internal controls and systems, accounting formatting, financial reporting, budgeting and inventory systems.
2. Management Fee: This fee is always established as a percentage of revenue. Typically the percentage can range from 4 – 7 percent, based on the size of the operation. This fee provides the necessary motivation to the management team to benefit from improved sales or lose compensation if sales go down.
3. Bonus Profit Incentive: This fee is based on a part of the profits of the business, ONLY if the business exceeds budgeted profitability as a bonus for exceeding expectations.

Of course, these fees are contextual, negotiable and vary with each business. Equally important are the exact responsibilities Summers Hospitality Group® is asked to provide and the depth of authority you authorize us to execute. Typically we will prepare a complete budget for your approval within 60 days of taking over operations. Then we usually have complete authority to write checks and perform other “owner functions,” but only within budgetary guidelines. Any expense or action outside of your approved budget must be approved by the operator.

Management companies are very different, and each concept needs its own disciplines. So, make sure the company you select has proven abilities in promoting, marketing (revenue growth), cost management and developing a great experience for your concept. Summers Hospitality Group® possess extensive operational and technical skills in all the key disciplines that have proven to yield substantial results for our clients. Our extensive restaurant and hospitality management experience enables us to help your restaurant management team attack many of the challenges facing foodservice operators today. Refined over 30+ years of experience working with diverse and unique companies, we have the knowledge and perspective to identify opportunities for improvement in any environment.

Business Coaching

Business Coaching is a mix of strategic planning, skill development and leadership training that helps individuals and organizations develop more rapidly and produce more sustained results.

Business Consulting

We build the critical pieces of your business success for you. This saves you time and resources and can give your business the super-charged boost it needs in order to get to the next level.

Training Workshops & Seminars

We can train your people on any issue – anywhere. This will help you raise the performance levels of your team and enhance their ability to lead and manage the business to higher levels of success.

Speaking & Facilitation

We love to speak to groups & organizations about the business and we can help you work through issues by facilitating meeting(s) among employees,managers or executives.

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