Food & Beverage

As a business in the food and beverage industry, you’re constantly faced with challenges from evolving client demand, regulating inventory, supply chain woes, government regulations, economic shifts, and fickle consumer behavior.

Whether you are a large chain corporation, or a small local business, partnering with an accounting firm that understands the industry’s difficulties can benefit your business’ profitability.

Recent experience and service offerings include:

• Financial statement audits for franchisor and franchisee restaurants with multi-site locations within the United States, including quick service, fine dining, and nightlife concepts.
• Corporate tax planning, compliance, and sales and use tax for large franchisor restaurant chains.
• Financial savings and investment plan audit for a large chain national restaurant corporation with more than 75 restaurants in the United States.
• Hotel restaurant experience, including consulting on tip credits for waitstaff.
• Corporate and state and local tax compliance for a fast-food chain with over 800 locations in the United States.
• Outsourced financial accounting and reporting for restaurant groups and wine bars, including system and process enhancements while building out reporting and performance tracking indicators.
• Accounting process, controls, and management training for a regional fast-food franchise with over 200 locations.
• Quality of earnings report for the acquisition of quick and casual dining restaurant averaging $4.5MM of revenue per restaurant.

Calvetti Ferguson understands the challenges and evolutionary changes the food and beverage sector has undergone and can provide the best path to solutions to give you a competitive advantage.  We have experience across all types of food and beverage companies—from emerging brands to distributors to restaurant chains. No matter what the future holds, our firm has the expertise to help you stay competitive and profitable.