Peachtree Group Launches Restaurant Management Division

From left: Nikki Garcia (Food and Beverage Manager, Peachtree Group), Ashleigh DeOtis (Starbucks Store Manager, Peachtree Group), Rob Deininger (CEO AdventHealth Orlando) and Dan Puglisi (SVP, Peachtree Group)

ATLANTA, GA, Sept. 4, 2024 – Peachtree Group, a vertically integrated investment management firm, has launched a restaurant management division. Under the leadership of Daniel Puglisi, SVP of corporate operations for hospitality management, this division will focus on operating quick-service restaurants, starting with coffee shops.

 Dan Puglisi

This new venture underscores Peachtree Group's commitment to expanding its footprint in the hospitality industry, beginning with a high-profile partnership with AdventHealth and launching a Starbucks location in its AdventHealth Orlando hospital.

 The U.S. Quick Service Restaurant (QSR) market was valued at approximately $320 billion in 2023, encompassing major chains like McDonald's and smaller regional players. Coffee shops, including big names like Starbucks, Caribou Coffee and Dunkin', make up 12-15% of this market, contributing tens of billions in annual revenue.

 

"Since our founding in 2007, we have consistently grown by identifying inefficient markets and capitalizing on them to achieve strong returns and build sustainable businesses," said Greg Friedman, Peachtree Group’s managing principal and CEO.

Greg Friedman

 "The expansion into restaurants from our existing hospitality management capabilities was a natural evolution.  Our partnership with AdventHealth marks a significant milestone as we look to replicate this successful model across their network and other captive locations."

 

The Starbucks at AdventHealth Orlando is now open and is the first store to be opened under this new division. 

 

"Our commitment to excellence in service and operational efficiency sets us apart in the industry. By leveraging our extensive hospitality expertise and premium brand partnerships, we are able to deliver exceptional experiences to our customers and value to our landlord partners," Puglisi said.

"We are excited about the potential to grow this venture rapidly, with an initial goal of reaching five stores as a beta test and ultimately aiming for 100 locations," Puglisi added. "Our focus is on hospitals, universities and other high-traffic, high-visibility locations where we can make the most significant impact."

 

Contact:

 

Charles Talbert

678-823-7683

ctalbert@peachtreegroup.com

 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com