At what enterprise value was THE HABIT RESTAURANTS acquired in 2020?

During the acquisition of THE HABIT RESTAURANTS by YUM! BRANDS in 2020, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M USD.

What was the EV/EBITDA of THE HABIT RESTAURANTS when it was acquired by YUM! BRANDS?

The estimated EV/EBITDA multiple for THE HABIT RESTAURANTS is in the range of 10x - 18x.

When was THE HABIT RESTAURANTS acquired by YUM! BRANDS?

THE HABIT RESTAURANTS was acquired by YUM! BRANDS in 2020.

What was the revenue of THE HABIT RESTAURANTS at the time of the deal?

The revenue of THE HABIT RESTAURANTS at the time of the deal is estimated to be in the range of 250M - 500M USD.

What was the EBITDA of THE HABIT RESTAURANTS during the acquisition?

THE HABIT RESTAURANTS's EBITDA is estimated to be in the range of 25M - 50M USD.

How is the data for the THE HABIT RESTAURANTS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the THE HABIT RESTAURANTS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.yum.com/wps/portal/yumbrands/Yumbrands/news/press-releases/yum+brands+completes+acquisition+of+the+habit+restaurants

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Home Database Retail & ConsumerTHE HABIT RESTAURANTS

01/2020

THE HABIT RESTAURANTS acquired by YUM! BRANDS

UNITED STATES Hospitality & Leisure / Hospitality / Restaurants / Chains EV 300M - 700M USD

Context

Yum! Brands entered a definitive agreement to acquire The Habit Restaurants, Inc., adding the fast-casual charburger chain to its portfolio. The strategic rationale centers on Yum!'s desire to diversify beyond traditional QSR into the higher-margin fast-casual segment where The Habit Burger Grill has established premium brand positioning and strong unit economics. The Habit's chargrilled menu featuring fresh beef burgers, marinated chicken, and sushi-grade tuna offers clear differentiation from Yum!'s existing chicken, pizza, and Mexican concepts while appealing to the same value-conscious consumer seeking quality upgrades. The timing follows The Habit's operational transformation including drive-thru additions, digital ordering expansion, delivery partnerships, and modernized restaurant prototypes that drove average unit volume growth from $1.2 million to $1.9 million over the past decade. Yum! management highlighted The Habit's franchise potential, estimating minimal 2020 EPS impact with significant accretion beginning 2021 through franchise conversion opportunities, international expansion using Yum!'s global infrastructure, and supply chain efficiencies.

THE HABIT RESTAURANTS, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (10.6x).

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Target

The Habit Restaurants, Inc., doing business as The Habit Burger Grill, is a fast-casual burger restaurant chain founded in 1969 in Santa Barbara, California, United States. The company specializes in chargrilled burgers, chicken sandwiches, fresh salads, and sides cooked over an open flame using fresh ingredients. Signature items include the Charburger with caramelized onions, hand-filleted marinated chicken sandwiches, sushi-grade chargrilled ahi tuna sandwiches, sweet potato fries, and handmade shakes. The Habit Burger Grill operates nearly 300 company-owned and franchised restaurants across 13 U.S. states (2020). Named Best Regional Fast Food in USA Today's 2019 Readers' Choice Awards, The Habit emphasizes quality hospitality with modern designs featuring open kitchens, patios, and natural lighting. The business model combines company stores with franchising for expansion, focusing on balanced lunch/dinner traffic.

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Date	Acquirer	Target	Country	Sector
07/2020	TOWERBROOK	AZZURRI GROUP	United Kingdom	Restaurants / Chains
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01/2020	PUREGYM	FITNESS WORLD GROUP	DENMARK	Hospitality
10/2019	MUBADALA	LOOPING GROUP	FRANCE	Leisure Facilities
10/2019	CAPDESIA GROUP	WASABI SUSHI BENTO	UNITED KINGDOM	Restaurants / Chains
09/2019	NAXICAP PARTNERS	SIBLU VILLAGES	FRANCE	Hotels & Accommodation
08/2019	TA ASSOCIATES	GONG CHA GROUP	TAIWAN	Restaurants / Chains
06/2019	KIRKBI Invest / BLACKSTONE / CPPIB (CANADA PENSION PLAN INVESTMENT BOARD)	Merlin Entertainments	UNITED KINGDOM	Parks & Ski Resorts
05/2019	GOLDMAN SACHS	GROUPE B&B HOTELS	FRANCE	Hotels & Accommodation
04/2019	NEXTSTAGE / MI3	GROUPE BAGATELLE	FRANCE	Restaurants / Chains

REFERENCES

Valuation range: EV 300M - 700M USD

Revenue range: 250M - 500M USD

EBITDA range: 25M - 50M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of THE HABIT RESTAURANTS by YUM! BRANDS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: the habit restaurants

Acquirer: yum! brands