HVS Food & Beverage Services A Division of HVS International The Food & Beverage Services Division of HVS International – the preeminent global provider of hospitality consulting services – provides operational and strategic consulting, market studies, and restaurant management services to the hospitality industry. Our professionals have extensive hands-on operating experience in all areas of the food and beverage industry including the development and management of hotel and freestanding restaurants, private membership clubs, banquet & catering facilities, and institutional food service operations. Additionally, our team has experience with all styles of service, facility types and size of operations. HVS Food & Beverage Services has the talent and skills to assist clients with the operation of their facilities, while creating superior levels of quality and profitability. Our philosophy is simple: “Our success as consultants is based upon the success of our clients.” We invite you to review the qualifications of our leadership team along with summaries of the services we provide. In addition, we have included abstracts of our featured clients and engagements that illustrate the breadth and depth of our industry experience. We are confident that our services can dramatically improve the performance of your operation. Yours Truly, Michael Beam Managing Director HVS Food & Beverage Services 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Managing Director Qualifications Michael Beam Managing Director HVS Food & Beverage Services 372 Willis Avenue Mineola, NY 11501 (516) 248-8828 x280 Office (585) 737-6176 Mobile mbeam@hvs.com Michael Beam is the Managing Director of HVS Food & Beverage Services - New York, a division of HVS International. Prior to joining HVS, Beam developed deep professional skills including managing and developing hotel as well as freestanding/chain restaurant operations. Additionally, he has experience with all service styles, ranging from quick-service to fine dining. A Master’s degree in Hospitality Management from Cornell University, plus a Bachelor’s degree in Business Administration from the University of Michigan, have provided an exceptional foundation upon which he has based his hospitality career. Beam started his professional career as an investment banker for Heller Financial, Inc.; however, he was drawn to the energy and excitement of the restaurant business. Beam’s first hospitality management position was with Chart House Enterprises, Inc. where he developed a solid foundation in restaurant operations. Later, as a Director of Food and Beverage Development for Bristol Hotels & Resorts in Dallas, TX, he put those skills to good use as he developed, tested, and launched a 4,000 square foot, multi-branded restaurant concept. It’s worth noting that he oversaw its successful establishment at multiple sites. No stranger to the financial side of running a restaurant, Beam has consistently coaxed a significant rise in profits at all of the establishments where he’s worked. He presided over favorable upturns in sales and profits as a manager for Universal Studios, Inc. and later as a District Manager for Aramark Corporation. Then, the irresistible lure of joining Wegmans Food Markets, Inc. placed Beam in the unique position to develop a fine-dining restaurant concept for the grocery chain. Michael Beam has developed effective leadership skills along with strong strategic planning, operations management, business analysis, and communications expertise in both multi-unit and stand-alone operations. He has demonstrated success building new restaurants from visionary concepts to fine-tuning existing operations, including developing operating procedures, recruiting and hiring staff, designing and implementing training programs, creating marketing plans, and developing budgets, and revenue & expense forecasting. Beam’s range of experiences encompass: Hotels & Conference Centers • Chain Restaurants • Casual Dining Fine Dining • Theme Parks • Institutional Dining • Private Club • Retail 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Principal Qualifications Juliette Boone Principal HVS Food & Beverage Services 2229 Broadway Boulder, CO 80302 (303) 301-1130 Office (303) 938-8884 Mobile jboone@hvs.com Juliette Boone, Principal of HVS Food & Beverage Services - New York, brings a wealth of experience in her 18-year hospitality industry career. She has a diverse professional background including hotel food and beverage operations, culinary arts, catering sales and operations, contract food service, concept development, hospitality education, and hotel consulting and valuation. Her experience is complemented with a Master’s degree in Hospitality Management and Bachelor of Science from Cornell University. Ms. Boone began her career at a local gourmet delicatessen and catering business in Upstate New York where she worked as a cook and catering assistant. After completing her undergraduate studies at Cornell University, Ms. Boone accepted a position in the culinary department of the prestigious Sagamore Resort in Lake George, New York. A self-taught cook, Boone spent back-of-house time in nearly every one of the Sagamore’s food and beverage outlets including pastry, banquets, short-order and fine dining. Transitioning into the contract food service industry, Ms. Boone was attracted by the opportunity to start up a catering division in one of Sodexho USA’s institutional accounts, Fairleigh Dickenson University. Ms. Boone created a campus-wide catering presence for Sodexho through the development of a strong, profitable catering program, the execution of an aggressive marketing plan and the cultivation of a broad, loyal client base. Following her pursuit of a Master’s degree at Cornell, where she published a study on the impact of hotelrestaurant co-branding, Boone returned to the contract food service industry, this time on the corporate concept development side for ARAMARK Corporation. There, she spent several years creating a corporate portfolio of food & beverage concepts and headed up multiple teams to redesign and reengineer food service delivery concepts for some of ARAMARK’s largest clients. A passion for the hospitality industry attracted her to teach at the University of Denver School of Hotel Restaurant & Tourism where she developed undergraduate courses in Restaurant Management and Hotel Development. In 2004, Ms. Boone joined HVS in the consulting & valuation division before joining HVS Food & Beverage Services in 2006. Juliette Boone’s leadership and communication skills are complemented by culinary know-how and proven success in all aspects of concept development including menu, standards documentation, training, marketing, vendor relations, equipment testing & selection and financial modeling. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services A Comprehensive Portfolio of Strategic, Operational and Other Services Strategic Services Market Studies HVS performs market feasibility studies for both existing and proposed food and beverage operations. For an existing restaurant or other food and beverage operation, market feasibility analysis can help identify and recommend improvements to product & service offerings, as well as marketing plans. For a proposed restaurant, a market feasibility analysis serves as a foundation not only for sound investment strategy, but also for business plans, which are used to acquire development capital and to guide business development. A market feasibility study addresses access and visibility, competitive restaurant supply and demand, emerging industry trends, economic and demographic analysis of the immediate market area, concept recommendation, volume forecasting as well as five-year projections of revenues and expenses. Business Plan Development Through in-depth dialogue and discussion, ideation and goal-setting, HVS helps its clients to create an overall vision for their food and beverage operations. Collectively, we help transform this vision into a comprehensive business plan that can be used to secure financing. Further, a fully detailed business plan serves as a roadmap from concept creation to measuring results well past the concept's opening. Whether just starting out, or growing to the next level, the business planning stage and subsequent documentation provides a measurable tool for success. Strategic Planning HVS provides support to executive teams in the development of strategic plans related to critical facets of food & beverage operations. These areas typically include expansion planning, franchising, organizational & operational development or restructuring, compensation program development, management recruiting, growth strategies, and marketing planning. HVS Food & Beverage Services leverages its extensive industry experience to assist with setting an organization or establishment’s future direction. Concept Development & Documentation HVS assists clients with the creation, overhaul or replacement of food and beverage concepts. The primary objective of this service is to create concepts that have the ability to capture market share in a specific city or region while achieving appropriate financial results. We provide full concept development support including, but not limited to menu development and pricing strategies, staff and management training programs, equipment selection, operational design, capital budget and forecasts of income and expense, as well as business and marketing plans. Concept development services include full documentation of all policies, standards, procedures and training systems for a new operation. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ Operational Services Operations Assessments Operations assessments include an in-depth analysis of the client’s food & beverage operations. Typically, the examination includes the areas of menu pricing, competitive environment, operating policies, space & equipment utilization and optimization, hours of operation, labor & staffing allocation, and financial analysis. The exact focus of each assignment varies based upon the unique needs of our clients. A typical study includes a two to three day on-site visit and a comprehensive, written analysis that identifies specific opportunities and provides tangible recommendations targeted towards improving both revenue and profitability. Human Resources & Training Our services include the design and delivery of specialized skills programs together with management evaluation and training programs. We can assess and establish staffing requirements and training needs, and then develop an effective program to meet a client’s goals and objectives. Human resource services and training programs include employee training and evaluation, management and employee hiring assistance, "train the trainer" sessions for staff, development of organizational charts and job descriptions, and employee motivation programs. Management Controls Implementation Instituting management control systems helps ensure that restaurateurs and food service operators do not leave money on the table. We have developed proprietary systems including facility and service audits, food cost controls, cash handling practices as well as other processes designed specifically to save money. When properly employed, management controls contribute to increased operational profitability while minimizing guest dissatisfiers, keeping maintenance costs in check and reducing employee turnover. Menu Development & Engineering A food and beverage establishment’s menu functions not only as the primary marketing tool, but is also a critical component of financial success and a strong indicator of what a concept is attempting to accomplish. HVS understands the importance of a menu that represents our client’s vision. We also have a complete grasp on what it takes to make the menu an appealing and manageable tool that drives profitability for an establishment. Our menu creation method is a systematic process resulting in a menu program that makes sense for the guest and operator. Throughout the Menu Development process, we work with our clients to create the menu content, set pricing, illustrate the items through descriptive language, develop recipes, produce recipe manuals with photos of each item, and train our client’s staff on the menu rollout process. Operations Manuals & Systems Development Effectively organized, comprehensive and user-friendly operations manuals are the foundation of any successful restaurant. HVS works from within our clients’ operations, cataloging best practices and procedures as well as conducting extensive interviews with management and staff. This operational intelligence is then used to develop comprehensive operations manuals to guide every aspect of the operation. Areas covered include sequence of service, job descriptions, recipe documentation, service training, back-of-house organization, disaster preparedness, marketing programs, and more. The resultant operations manual enhances operational profitability and guest satisfaction while improving employee morale and retention. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ Other Services Restaurant Management HVS provides comprehensive management of food and beverage operation(s) in hotel, private club and freestanding settings. Operations management services include, but are not limited to total operating control of food and beverage services or strategic-level supervision and guidance services provided on an as-needed basis. Our core competencies in this area include: human resources management (training, staffing), menu engineering, strategic and financial planning and concept development. Litigation Support Litigation support services are provided as it relates to our expertise in food and beverage operations. Expert analyses and testimonies are offered based upon the requirements of each particular case. Third-Party Negotiations HVS will undertake third party negotiations with vendors such as franchisors, architects, construction firms, equipment and product suppliers for the benefit of our clients. We leverage our deep industry experience and extensive industry contacts to develop and secure relationships for clients involved in food and beverage operations. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Featured Clients & Engagements Marriott International – Operations Assessment & Implementation Project Marriott International, Inc. sought to re-create is room service program such that current operational processes, services and product offerings would be significantly repositioned, driving guests to reconsider their expectations for room service. The program needed to be based not only upon thoroughly understanding guest perceptions and the critical drivers behind the decision to purchase room service, but also upon an in-depth comprehension of how room service functions from an operations perspective. “HVS clearly understands all aspects of our business which enables them to provide valid root cause analysis, identify opportunities and deliver insightful recommendations.” Lou Trope Sr. Dir., Design & Development Marriott International The HVS Assignment HVS Food & Beverage Services was engaged to study room service operations at full-service Marriott properties in North America, with the goal of not only pinpointing service, production and communication bottlenecks, but also identifying best practices and opportunities for service enhancement. HVS conducted a multi-property time-and-motion study; breaking down and tracking each discreet step in the entire the room service process, from start to finish. As part of this study, HVS interviewed Marriott room service customers and property managers across multiple guest and operational functions, while also gathering intelligence at competitive properties. HVS was tasked with creating a framework for understanding room service as it exists today, and to develop a platform for future room service innovation, from the inside and out, at Marriott Hotels & Resorts. Results After collecting and analyzing the data, HVS presented a comprehensive program to contemporize and differentiate the room service experience, both strategically and tactically, through process redesign and enhancement, new menu offerings, and equipment modifications. Additionally, specific recommendations were made to optimize staff training and ensure service consistency across properties. Many of the recommendations provided by HVS were implemented throughout all full-service Marriott hotels in the US. HVS was instrumental in working with Marriott corporate staff and property teams to successfully test and implement the new room service practices including development of operating manuals and associated training materials. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Featured Clients & Engagements Lord & Taylor – Operations Management & Concept Development Project Lord & Taylor wanted to dramatically improve foodservice as part of a repositioning of its brand. Along with several culinary partners, HVS Food & Beverage Services created two concepts that were introduced in the Lord & Taylor New York City store. One of the restaurants was the celebrity chef-driven “An American Place” and the other was a newly created café concept that has been rolled out to other stores in the Northeast. “Customer response to the restaurants has been phenomenal. The restaurants position the store as a destination and also help elevate its image.” LaVelle Olexa Senior Vice President for Fashion Merchandising and Public Relations Lord & Taylor The HVS Assignment HVS was engaged to develop both food & beverage concepts, as well as manage day-to-day operations. The concepts had to complement Lord & Taylor’s reputation as “The Signature of American Style.” The company wanted to improve food quality, service standards and check average. The concepts also needed to appeal to the new Lord & Taylor customer without alienating the company’s long-standing clientele. Results The successful relationship resulted in increased customer satisfaction as measured by store shoppers and company executives. The restaurants were also well received by restaurant pundits which quickly garnered Lord & Taylor a public relations windfall. First year results yielded dramatic increases in unit revenue. Lord & Taylor was able to focus on its core competencies while eliminating its food service staff altogether. HVS Food & Beverage Services also built a successful catering operation designed to handle all of Lord & Taylor special events. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Featured Clients & Engagements Cleveland Clinic Foundation – Operations Assessment Project Founded in 1921 by four renowned Cleveland physicians, the Cleveland Clinic is a not-for-profit, multi-specialty, academic medical center that integrates clinical and hospital care with research and education. To serve its patients and their families, who travel from a broad geographical area, the clinic developed three full-service hotels with a total of 717 guestrooms, which are operated by Intercontinental Hotels & Resorts. The HVS Assignment HVS was hired to assess the food and beverage operations at the clinic’s three hotels which consists of four full-service restaurants: Classics, Ohio's only AAA 5 Diamond award-winning restaurant, featuring French and American cuisine; North Coast Café, a casual restaurant serving continental cuisine for breakfast and lunch; The Grill Room which serves American grill favorites in a relaxed atmosphere; and Citrus, which features Modern American cuisine in a casual setting. Additionally, Intercontinental operates a total of four lounges, 35,000 square feet of meeting space and room service at the three hotels. We were asked to identify specific tactics and methods to improve profitability, as well as provide food and beverage revenue enhancement ideas to the management team. Results HVS performed a detailed analysis of all food and beverage operations within the campus’ hotels identifying more than $318,000 in potential cost savings and $275,000 in additional revenue opportunities. Further, we provided specific, achievable and financially realistic recommendations for implementation of the proposed changes. Based upon preliminary financial information, F&B departmental profitability for all three hotels improved by more than $250,000 in the first year after our study. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Featured Clients & Engagements Cereality Operators, Inc. – Operations Management & Concept Development Project A growing new foodservice concept that started with a single unit in Arizona in 2003, Cereality Operators, Inc., currently, owns and operates four Cereality Café locations across the United States with additional corporate-owned and franchised units planned. At a Cereality Cafe, customers choose from their favorite brands of hot and cold cereals and toppings, as well as from a variety of cereal bars and specialty beverages, at any time of the day. Pajama-clad Cereologists™ fill the orders and set the relaxed tone in the cafe. The units also offer catering services to surrounding business and academic communities. The HVS Assignment Cereality was looking for a Director of Retail Operations not only to oversee day-to-day café operations and provide help refining the concept, but also to assist in developing the company’s franchise program including writing training programs, standardizing menus, preparing staffing guidelines and developing financial models. Cereality needed a consultant with multi-unit operations experience and the ability to work with the company’s corporate team to get results. Results HVS fulfilled the terms of the original engagement; successfully overseeing day-to-day café operations including hiring and training new managers at two of the outlets. Further, revenues improved while both labor and cost of sales declined at each café. Lastly, a successful franchise program was instituted during the engagement. HVS Food & Beverage Services performed so well during the initial 6-month engagement that we were re-engaged in the same capacity until a permanent director of operations could be appointed to oversee the cafés. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Featured Clients & Engagements Starwood Hotels & Resorts – Concept Development Project Starwood Hotels & Resorts developed five signature restaurant concepts to offer as food and beverage options for its corporate and franchise hotel properties. Making these proprietary concepts available on a franchise basis enables Starwood hotel operators to upgrade the quality of their food and beverage offerings with a turn-key system. “HVS Provided us with critical support, including insight into our competitive set as well as professional templates that allowed us to offer a turn-key solution that is both economically attractive and operationally efficient for our franchise community to utilize.” Starwood Hotels & Resorts is one of the leading hotel and Brian Abel Senior Director, F&B Development leisure companies in the world with approximately 850 Starwood Hotels & Resorts properties in more than 95 countries and 145,000 employees. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W, Le Meridien and the recently announced Aloft and Element Hotels. The HVS Assignment HVS Food & Beverage Services was engaged by Starwood Hotels & Resorts to design and develop a full concept documentation program for its signature restaurants. The ultimate goal for Starwood was to have comprehensive, written documentation for all aspects of its signature restaurant concepts in order to deliver consistent and high-level staff training and financial performance, top quality products and service, as well as overall operational excellence at franchise properties. Results HVS worked with both Starwood corporate staff and property managers at concept test locations to develop comprehensive documentation for the signature restaurant concepts. Materials included service training manuals, marketing programs, quality assurance audits, kitchen operations and training guidelines as well as detailed recipes for all menu items. Additionally, HVS created a financial model to project operating performance of franchise restaurants and developed a formal presentation to be used in securing franchise partners. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Featured Clients & Engagements Colonial Country Club – Operations Assessment Project Each year, the Colonial Country Club, located in Cordova, Tennessee, hosts the oldest PGA TOUR event still being played at its original site. The course has hosted the ’41 U.S. Open as well as the ’75 Players Championship, the ’91 U.S. Ladies Open, and the golf course ranks in America’s top 60 and in the world’s top 100. Historically, the club hired an outside service provider to oversee food and beverage concessions during the annual tournament. The club’s management and board of directors needed an objective assessment of the food service operations provided by the vendor to determine if management contracts would continue to be awarded for future tournaments. “HVS was the perfect partner, as they understood our passion to improve the guest experience at the tournament while ensuring prudent fiscal controls are in place. Their comprehensive report was exactly what we needed to make decisions for the future of food service at our tournament.” Geoff Hasley General Manager Colonial Country Club The HVS Assignment During the 2005 tournament, HVS Food & Beverage Services was engaged to perform a comprehensive, in-depth assessment of food and beverage operations being provided by the outside vendor. HVS worked with the club staff and the contracted service provider to examine all aspects of the operation which included conducting extensive interviews with food service volunteers and patrons over the course of the week-long event. Results HVS produced a comprehensive report detailing recommended enhancements to tournament food service operations including the addition of private suite catering and on-course concession venues. The report defined the optimal mix of full-service to beverage-only concession venues, capital purchase requirements, staffing needs as well as detailed financial projections for selfoperated food service. The report was used as a blueprint to upgrade tournament food and beverage service in 2006 and beyond. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/ HVS Food & Beverage Services Featured Clients & Engagements Hill Country Holdings, LLC – Strategic Planning & Concept Development Project The Founder and President of Hill Country Holdings, LLC, Marc Glosserman, has a passion for real Texas barbecue and wanted to bring the authentic wood-smoked pork, beef and sausage to New York City’s urban diners. To bring the concept to life, Glosserman sought out an expert team to advise him and provide operational guidance and support for the restaurant company. “I needed a partner I could count on through the development process with the ability to help distill my vision into a successful operating business. HVS was that partner. They understand the big picture as well as the finest details of design, guest experience, and back-of-house operations.” Marc Glosserman Founder & President Hill Country Holdings, LLC The HVS Assignment Michael Beam, Managing Director of HVS Food & Beverage Services was hired as the director of Hill Country’s Advisory Board. Beam’s role was to help develop the business plan and to implement and refine operating processes, inventory controls and training procedures. He also helped develop budget and forecasting models in support of the operations and assisted in the selection of other team members brought on to assist with the concept’s development and execution. In his role, Beam also counseled Glosserman on strategic issues facing the restaurant company both prior to and immediately after opening, including construction, design & layout, service style and flow, and future development. Results Hill Country’s Business Plan won Columbia Business School’s prestigious annual competition sponsored by the Eugene Lang Entrepreneurial Initiative Fund in part due to the involvement of HVS Food & Beverage Services. Construction is currently underway for the first location in New York City with an expected opening date of mid-2007. 372 Willis Avenue, Mineola, NY 11501 • (516) 248-8828 x280 • www.hvs.com/Services/FoodServices/NewYork/