The restaurant and hospitality industry is known to have an extraordinarily high mortality rate for new ventures in the first five years of operation. The reasons behind those failures are many — location selection, lack of start-up capital, vague brand identity, inconsistent service, partner or employee disputes, and even mission drift. In today’s ultra-competitive food and beverage marketplace, where guests are sophisticated and business challenges come from both expected and unexpected places, it is imperative that foodie entrepreneurs, restaurant groups, celebrity chefs, craft brewers, hotel owners and investors engage a strong team of advisors to limit bumps along the road to success.
Our Restaurant & Hospitality team is experienced and ready to assist at every stage of the business lifecycle:
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Coffeemania, a well-known restaurant group in Moscow, opened its first location in Manhattan in December 2016. Providing a casual approach to Contemporary American cuisine, Coffeemania serves up seasonal fare that blends classic French techniques with hints of Asian influence.
David Rubenstein represented Coffeemania in the negotiation of a lease for the 5,000 square foot space and assisted the company in navigating through the complexities involved in opening a restaurant in New York City. The raw space at 1065 Sixth Avenue has been transformed into a warm, convivial atmosphere featuring dining space for 105 guests.
The space features an open kitchen which is home to a passionate culinary team led by Executive Chef Titus Wang. Chef Titus and his team will offer a variety of refined menu items that showcase creative new American food in a tasteful and captivating manner. The menu will rotate seasonally, with certain signature dishes remaining as mainstays.
The restaurant’s diverse culinary fare is complemented by an imaginative beverage program that includes artisanal cocktails, as well as an array of non-alcoholic beverages including fresh fruit and vegetable blends, tonics and spritzers, warm herbal infusions, teas and of course, coffee. Coffeemania’s award-winning barista team is skilled in alternative brewing methods and roasts its own coffee beans in house.
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