I recently wrote a blog that touched on the intricacies of Pennsylvania liquor licenses in the larger context of
restaurant asset acquisition.
Not exact matches
The company, which has 59
restaurants in the US, said it had agreed to sell its
assets to Right Lane Dough
Acquisitions LLC for nearly $ 20 million.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the
restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE
acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's
restaurant operations; a lack of suitable new
restaurant locations; higher - than - anticipated costs to open, close or remodel
restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible
assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
Those periodic special dividends are feasible because of the firm's immaculate balance sheet, which has almost no debt, relatively high cash levels (relative to the size of the company and its
acquisitions), and a high current ratio (i.e. the company's short - term
assets cover its short - term liabilities by more than three-fold, thus protecting it from unexpected negative financial strains, such as during recessions when demand from
restaurants can lead to declining sales, earnings, and cash flow).