Practus’ CFO Solutions assisted the restaurant chain in creating dashboards on operating indicators resulted in more targeted marketing spending, resulting in a ~3% increase in take-out and delivery food sales.

ClientIndustryOwnershipManagementNo. of EmployeesROISizeProject Duration
The Restaurant ChainFood & Beverage (QSR)Private; PE-backedProfessional~2504.8x~$2 million30 months

About The Company

With 50 stores, Indo-Leb is a leading Indo-Lebanese specialty Quick-Service Restaurant (QSR). a mix of company-owned and franchised locations. In the year 2000, Indo-Leb, a seasoned restaurateur, opened his doors. It has a proven track record of developing many restaurant businesses. The company was purchased by a private equity firm.

Practus’ Role in CFO Services

  • The end-to-end CFO would be in charge of establishing finance and accounting functions.
  • Inventory management and an ERP system were implemented, as well as interaction with the accounting system.
  • Creating cross-functional critical accounting policies and thorough SOPs (procurement, supply chain, and finance).
  • Developing dashboards for talks with the CEO and PE investors and defining critical indicators to track business performance.
  • Assist in the creation of budgets and quarter predictions.

Impact Delivered in CFO Services

  • Food cost reductions were a crucial factor in a ~2% increase in profitability
  • The average DPO (creditor pay-out period) increased by 40%, resulting in improved creditor relations, longer credit periods, and more favorable pricing negotiations.
  • Dashboards on operating indicators resulted in more targeted marketing spending, resulting in a ~3% increase in take-out and delivery food sales.
  • Budgeting and tracking business success took 30% less time each month.
  • Perishables with a ~50% reduction in DIH (Days Inventory Held) have a beneficial effect on the working capital cycle.

See how Practus can assist you in improving your organization’s Performance