Focus on what counts

Restaurants and Hospitality

Focused on Financials, So You Can Focus on Your Customers

Owners of restaurant and hospitality businesses face unique challenges. The industry is highly sensitive to the external and internal factors that affect financial performance, including economic downturns, increased competition, increased regulatory scrutiny, and changes in consumer preferences.


How Citrin Cooperman Can Help

To survive in this exciting and ever-changing landscape, we bring our industry-specialized experience to bear to help our clients adapt and thrive. For nearly 40 years, we have worked with hundreds of highly successful owners on winning strategies to build and grow their business. 

Citrin Cooperman is proud to be home to one of the leading restaurant and hospitality practices in the country. We have helped our loyal clientele – some of the highest-rated restaurants in the world, and their celebrity chefs – raise their financial efficiencies, reduce costs, and realize greater profitability. 


COVID-19: INDUSTRY & BUSINESS UPDATES


Monitoring Cash Flow and Working Capital

TIPS FOR SHUTTERED RESTAURANTS

CARES Act Business Provisions

CORONAVIRUS TAX RELIEF

CARES Act Payroll Protection Loans

INDUSTRY ALERTS




Our team of seasoned restaurant and hospitality professionals truly understands the unique needs of the hospitality business owner. Our depth and breadth of experience provides us with unique knowledge and perspective on what’s happening industry-wide, and we use that knowledge in order to provide the most comprehensive advice to our clients.  

We know how hard it is to succeed as a hospitality business. Let us take some of the burden from you - so you can focus on what counts. 



OUR CLIENTS

We provide a full range of attest, tax and specialty tax, business advisory, economic advisory, and transaction support services to privately-owned restaurant groups, world-wide hospitality management groups, and local family-owned restaurants. We also serve hotels and resorts, nightlife establishments, real-estate developers, caterers, and specialty entertainment facilities.


OurRelated Services

In addition to our core assurance, tax, and advisory services, we also provide:

  • Best practices for efficient and transparent operations
  • Cash flow and profitability analysis
  • Facility valuations
  • Improving billing procedures
  • Industry benchmark analysis
  • Internal controls
  • Inventory management
  • Organizational structuring
  • Preparation and review of cost reports
  • Representation before the Internal Revenue Service (IRS)
  • Sales audit for percentage rent
  • Structuring compensation arrangements
  • Structuring transactions 
  • Technology consulting and analysis


ASK ABOUT OUR 2019 NYC RESTAURANT & HOSPITALITY INDUSTRY SURVEY

vdill@citrincooperman.com