GRIL - Muscle Maker takes over franchise-owned restaurant in Manhattan

Muscle Maker (GRIL) acquires one of its previously franchise-owned locations in the Chelsea neighborhood of Manhattan. The company says this restaurant is among the highest volume locations, an addition to another corporate location under its belt with over $1.1M in revenue in 2019. The restaurant is in the process of expanding its dine-in with the outdoor seating area besides its already existing open air back patio and will also serve as a ghost kitchen.  Through this acquisition, the company eyes opportunities to expand its business and launching additional concepts and beer and wine."The current environment is presenting many strategic opportunities to grow the brand and we are in discussions on several other opportunities that have presented themselves. Any acquisition will be accretive to the top line sales and corresponding profitability of the brand," says Michael Roper, CEO of Muscle Maker Grill.Previously: Muscle Maker Grill to open ghost kitchen in Miami Beach, FL (Oct. 22)

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Muscle Maker takes over franchise-owned restaurant in Manhattan