Gulf Atlantic Capital Restructures Second
Largest Denny's Franchisee

  • Phoenix, Arizona$55,000,000

    Gulf Atlantic Capital acted as Financial Advisor and Restructuring Advisor to the Company.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • Gulf Atlantic Capital was retained by Huntington Restaurant Group, the second largest Denny's franchisee, to assist in restructuring the Company's store financing and lease arrangements.
  • Evaluated store performance and assisted management in determining the viability of marginal locations and in implementing a strategy to sell or close under performing locations.
  • Developed comprehensive analysis of the Company's operating cash flows and store performance to develop a sustainable debt servicing capacity for each store.
  • Presented a comprehensive restructuring plan to the Company's lessors and lenders based on the store level analysis and sustainable cash flows.