Lodging, Food and Beverage

Move Your Business Forward and Satisfy Customers

Staying on top of operations, staffing and providing quality customer service may take precedence over your business’s financials. At Anders, we understand the intricacies of the lodging, food and beverage industries. Our team of CPAs and advisors help restaurants, hotels, real estate owners and food and beverage distributors add value to their business through tax strategies and financial advice — so you can concentrate on what you do best.

Tax Planning and Compliance

Audit and Assurance

Technology

Forensic, Valuation and Litigation

Value Added

Who We Work With

Anders works with a range of leaders and professionals in the lodging, food and beverage industry, including:

Banquet/Special Events Center and Caterer
Craft Breweries and Tasting Rooms
Distilleries
Entertainment Venues
Franchises
Group of Hotel Properties and Related Management Company
Hotels: Boutique, Full-Service and Limited-Service
Kombucha Brewery
Midwest-area Casino
Multiple-Location Restaurants and Bars
National and Local Deli Chains
Restaurants: Fast Casual, Fine Dining, Full-Service
Wholesale Distributors
Wineries and Tasting Rooms

Related Resources

Gain insight into the lodging, food and beverage industry with these resources from Anders:

View All Related Resources

Success Stories

Secured $150,000 In Missouri Small Business Grants For St. Louis Restaurants

With local pandemic restrictions taking a toll on St. Louis restaurants, our CARES Act team helped restaurant clients evaluate and secure much-needed funding. Missouri Small Business Grants were one of the funding options available for eligible food service businesses. Our CARES Act team helped three local restaurants apply and obtain $50,000 each in Missouri Small Business Grants that helped keep their staff employed and doors open.

Offered Loan Advisory to Multi-Location Restaurant to Save $240,000 in Interest

A local restaurant client had opened another location utilizing financing through an SBA loan. Our team came in and provided loan advisory services to identify the best loan and banking organization to fit the needs of their business. We were able to introduce them to a middle market bank with restaurant experience to help their seasoned business reach profitability faster. After devising a plan to pay off the variable rate SBA loan, we helped pair them with a conventional fixed loan. The restaurant saved $30,000 per year in interest over the remaining eight years of the SBA loan, offering an extra $240,000 to invest back in their business. The new banking relationship also offers intangible savings such as better cash management and security advantages.

Improved Operations, Profitability and Cash Flow of a Restaurant

By reviewing and analyzing the restaurant’s expenditures as a percent of revenue, we were able to benchmark this data to identify operation and cash flow improvements. After implementing operational enhancements and uncovering cash flow shortages, the restaurant was able to lower expenses by $50,000 during the first year and profitability has continued to improve.