• RRGClogo

     

    • We Invest in Restaurants
    • We Invest in Retail Concepts
    • About
    • Investment Focus
    • Team
    • Portfolio Companies
    • Contact Us
  • About Us

  • RETAIL & RESTAURANT GROWTH CAPITAL invests in businesses operating in the retail and restaurant industry. RRGC was the first small business investment company (SBIC) licensed to provide debt-related growth capital to exclusively focus on the retail and restaurant industries and has continuously invested in the space for over 20 years.

    • Unit-driven retail, restaurant and service businesses
    • Non unit-driven business models, including e-commerce, catalog and consumer services
    • Industry business partners, such as suppliers and food service companies
    • Providers of business services including internet, logistics, outsourcing and technology
    • 27
      %

      Retail Share

      of Total GDP

    • 9
      %

      Food Share

      of Total GDP

    • 47
      %

      Restaurant Share

      of Total Food Share

  • Investment Focus

  • General Terms

    • Preferred Deal Size

      RRGC invests capital between $1 and $3 million, with larger capital raises available through our investor partners

    • Mezzanine Structure

      Fixed rate, deferred amortization, subordinated debt or mezzanine securities, with warrants or conversion features to purchase commensurate equity interest

    • Equity

      Common or Preferred equity; both controlling or minority positions considered to support company goals and capital needs

    • Use of Proceeds

      Growth, acquisition, recapitalization, and buy-out

    • Transaction Partners

      RRGC actively partners with premier private equity firms and lending institutions

  • Evaluation Criteria

    • Management

      RRGC looks for experienced management leadership that have meaningful equity stakes in their company

    • Concept

      Companies with a creative and proven retail or restaurant concept, and distinct competitive advantages over competitors in their space

    • Partners

      Leadership teams seeking an experienced and strategic industry partner in addition to a strong capital source

    • Profitable

      Company profitable at the operating level

    • Exit

      Multiple exit opportunities

  • Unit Level Economics

    • Investment Capital

      Looking for segment top quartile, sales to investment ratio – 3 or 4:1 is preferred

    • Store Economics

      Unit/Store level EBITDA – high double digit

    • Returns

      Unit Level Cash on Cash Return of Invested Capital – greater than 2:1

    • Growth Stage

      Concept Stage completed (multiple units) – prefer additional market stage started

    • Trending

      Growing Customer Counts and Positive Comp Store sales

    • Entity

      Sales Levels at/or trending greater than $10mm with positive EBITDA, preferably above $1mm

    • Do you invest in Startups?

      RRGC was created to provide growth capital to established retail and restaurant companies that have a proven track records in terms of existing multi-unit operations, economics, and growth opportunities.

    • Do you provide more than capital?

      RRGC considers itself a strategic capital partners.  Providing equity and debt capital with expertise and strategic advice.

    • Do you invest in concepts outside Retail and Restaurants?

      Retail and Restaurant companies are at the core of our investment strategy.  However, we do review companies in the service and manufacturing in the Retail and Restaurant industry.

    • How quickly can you perform due diligence?

      After initial investigation, RRGC generally will be able to issue a letter of intent (LOI) fairly quickly. Depending on the company’s stage of development, Due Diligence can typically be performed in 30- 45 days. Closing is dependent on multiple factors, but has been accomplished in 120 days.

  • Meet Our Team

    • Raymond C. Hemmig
      CEO/ Chairman

      Raymond C. Hemmig

      CEO/ Chairman

      Ray Hemmig has more than 40 years of executive and governance experience in the retail and restaurant industries. Including: J. C. Penney; Hickory Farms of Ohio; Grandy’s; Ace Cash Express; Buffet Partners, LP (Furr’s Fresh Buffet); in the capacities as COO; EVP; CEO; and as a lead director as well as an Executive Chairman and non-executive Chairman of the Board (COB). He also founded and manages Retail and Restaurant Growth Capital, (RRGC) based in Dallas, TX.

      Email: [email protected]
      P:  214.766.8173
      LinkedIn_logo_initials

    • Joseph L. Harberg
      President/ Director

      Joseph L. Harberg

      President/ Director

      Joseph L. Harberg has been an investor in consumer based companies for over 25 years and is also a founder and President of Retail & Restaurant Growth Capital. Joe is a current and past board member of many private retail and restaurant companies and civic organizations. Mr. Harberg received a BBA in finance from the University of Texas and a JD from the University of Houston. Joe holds active law licenses in Texas and New York and is a credentialed Mediator with the Mediator360 group.

      Email: [email protected]
      P:  214.494.0011
      LinkedIn_logo_initials

  • Equity Partners, Advisors & Board

    • Raymond C. Hemmig – Chairman

    • Joseph L Harberg – President

    • Marshall B. Payne, CIC Partners – Advisor 

    • Scott M. Kleberg, CA Partners – Advisor

    • George S. Rich, Armata Partners – Advisor

    • Hunt Capital Group, L.L.P. – Advisor

    • Simon Family Group – Advisor

    • Mark L Masinter -Advisor

     

  • Portfolio Companies

    • Texas Land & Cattle
      $3,000,000
    • Quiznos
      $3,000,000
    • Cafe Express
      $3,000,000
    • Red Door Spa
      $3,000,000
    • Le Gourmet Chef
      $3,000,000
    • Left at Albuquerque
      $3,000,000
    • Beauty First
      $2,000,000
    • The Walking Company
      $3,000,000
    • Uncle Julio’s Restaurant
      $3,000,000
    • Art Store
      $2,500,000
  • Contact Us

  • Please submit your company’s information for an quick evaluation.

    Company Profile Submission

  • Company Details

    • Phone

      Raymond Hemmig:  214.766.8173

      Joseph Harberg:  214.494.0011

       

Disclaimer
YOU ARE SUBMITTING THIS INFORMATION FOR THE SOLE PURPOSE TO ASSIST RETAIL & RESTAURANT GROWTH CAPITAL, L.P. ("RRGC") WITH ITS INITIAL SCREENING PROCESS. YOUR SUBMISSION OF THIS INFORMATION IN NO WAY IMPLIES ANY COMMITMENT OR OBLIGATION ON THE PART OF RRGC TO PROVIDE ANY FINANCING WHATSOEVER TO YOUR COMPANY OR ANY OF ITS AFFILIATES. ANY FINANCING PROVIDED BY RRGC WILL COME ONLY AFTER A REVIEW OF YOUR COMPANY AND ITS BUSINESS AND FINANCIAL PLANS, PERSONAL MEETINGS WITH MEMBERS OF YOUR MANAGEMENT AND THE APPROPRIATE APPROVALS OF RRGC'S INTERNAL COMMITTEES. BY SUBMITTING THIS INFORMATION ELECTRONICALLY THERE IS NO ASSURANCE IT WILL REMAIN CONFIDENTIAL. RRGC DISCLAIMS ANY WARRANTIES OR COVENANTS THAT MAY BE IMPLIED WITH RESPECT TO THE CONFIDENTIALITY OF THE INFORMATION SUBMITTED BY YOU AND SHALL NOT BE LIABLE TO YOU IF SUCH INFORMATION FAILS TO BE CONFIDENTIAL. FORMAL CONFIDENTIALLY AGREEMENTS CAN BE NEGOTIATED AFTER A MORE THOROUGH CONVERSATION WITH RRGC.

© 2016 Retail & Restaurant Growth Capital

Top