The Habit Restaurants

One bite of a hot, juicy Charburger and suddenly you’re in Santa Barbara, California, 1969. After all, it was in that picturesque, coastal Southern California town, in the same year that the first astronauts landed on the moon, that the original Habit Burger Grill opened its doors. Soon after, an entrepreneurial young employee and his equally enterprising brother—both on a mission to provide a great burger at a great price—borrowed money from their mom to buy the unassuming restaurant nestled amongst the Spanish Colonial architecture of Goleta Beach and nearby bungalow homes.
In pursuit of a new standard for freshness, they began with daily-baked buns from a local bakery and grilled them alongside perfectly seasoned beef until they were warm and toasty. They sourced fresh California produce for the ripest tomatoes and leafiest lettuce available. And, of course, they installed a stainless steel charbroiler with a cast-iron grill designed to sear smoky flavors into every burger placed upon its fiery grates. Once they earned a reputation for serving the tastiest burgers on the coast, the brothers turned their attention to other beach-inspired recipes—like a fresh-grilled albacore sandwich made with line-caught tuna; a chicken sandwich topped with crisp bacon and velvety avocado; and crisp salads made to order. Yeah, one bite of a Charburger will transport you to a place where cool ocean breezes sweep gently through majestic green palm fronds, and a time when two enterprising young brothers established what it means to MAKE IT A HABIT.

Type
Public
HQ
Irvine, US
Founded
1969
Size (employees)
4,707 (est)+20%
The Habit Restaurants was founded in 1969 and is headquartered in Irvine, US

The Habit Restaurants Office Locations

The Habit Restaurants has an office in Irvine
Irvine, US (HQ)
140 17320 Red Hill Ave

The Habit Restaurants Data and Metrics

The Habit Restaurants Financial Metrics

The Habit Restaurants's revenue was reported to be $283.8 m in FY, 2016 which is a 23% increase from the previous period.
USD

Revenue (FY, 2016)

283.8 m

Revenue growth (FY, 2015 - FY, 2016), %

23%

Net income (FY, 2016)

9.3 m

EBIT (FY, 2016)

13.6 m

Market capitalization (21-Jul-2017)

347.2 m

Cash (27-Dec-2016)

44.2 m
The Habit Restaurants's current market capitalization is $347.2 m.
USDFY, 2015FY, 2016

Revenue

230.6 m283.8 m

Revenue growth, %

23%

Sales and marketing expense

106.3 m138.9 m

General and administrative expense

23.3 m28.8 m

Operating expense total

218.8 m270.2 m

EBIT

11.8 m13.6 m

EBIT margin, %

5%5%

Interest expense

451 k634 k

Pre tax profit

11.3 m12.9 m

Income tax expense

2.5 m3.6 m

Net Income

8.9 m9.3 m
USDFY, 2015FY, 2016

Cash

47 m44.2 m

Accounts Receivable

4.4 m5.1 m

Inventories

1.5 m1.7 m

Current Assets

53.9 m52.5 m

PP&E

81.5 m102.9 m

Goodwill

10 m10 m

Total Assets

256.7 m330.4 m

Accounts Payable

8.9 m9.7 m

Current Liabilities

24.1 m27.1 m

Total Liabilities

186.5 m

Additional Paid-in Capital

72.8 m110.1 m

Retained Earnings

2.7 m7.4 m

Total Equity

131.9 m143.9 m

Financial Leverage

1.9 x2.3 x
USDFY, 2015FY, 2016

Net Income

8.9 m9.3 m

Depreciation and Amortization

11.3 m14.9 m

Accounts Receivable

2 m1.9 m

Inventories

(214 k)(396 k)

Accounts Payable

1.8 m490 k

Cash From Operating Activities

29.9 m34 m

Purchases of PP&E

(27.7 m)(32.6 m)

Cash From Investing Activities

(27.7 m)(32.6 m)

Long-term Borrowings

(45.2 m)

Cash From Financing Activities

(4.7 m)(4.2 m)

Interest Paid

85 k661 k

Income Taxes Paid

103 k(31 k)
USDY, 2016

Revenue/Employee

71.9 k

Financial Leverage

2.3 x

The Habit Restaurants Market Value History

The Habit Restaurants Online and Social Media Presence

The Habit Restaurants Company Life and Culture

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