Controller-level accounting for brands that have outgrown their bookkeeper. Each month you’ll know how every store performed and where the company is headed.
Led by Ali Kara, former Financial Controller of Clutch Coffee Bar, a 15+ location coffee chain later acquired by Dutch Bros.
See how each store did, in dollars and as a percentage of sales. We flag anything unusual, so you know what needs attention.
| Charlotte | Raleigh | Durham | Consolidated | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49,800 | 100.0% | 46,200 | 100.0% | 41,300 | 100.0% | 137,300 | 100.0% | |||
| Cost of goods sold | 15,190 | 30.5% | 14,780 | 32.0% | 14,040 | 34.0% | 44,010 | 32.1% | |||
| Labor | 9,460 | 19.0% | 9,470 | 20.5% | 10,330 | 25.0%a | 29,260 | 21.3% | |||
| Prime cost | 24,650 | 49.5% | 24,250 | 52.5% | 24,370 | 59.0% | 73,270 | 53.4% | |||
| Opex | 5,980 | 12.0% | 6,240 | 13.5% | 6,200 | 15.0% | 18,420 | 13.4% | |||
| Occupancy | 5,730 | 11.5% | 5,780 | 12.5% | 5,990 | 14.5% | 17,500 | 12.7% | |||
| Four-wall EBITDA | 13,440 | 27.0% | 9,930 | 21.5% | 4,740 | 11.5% | 28,110 | 20.5% | |||
| Charlotte | Raleigh | Durham | Consol. | |
|---|---|---|---|---|
| Sales | 49,800100.0% | 46,200100.0% | 41,300100.0% | 137,300100.0% |
| COGS | 15,19030.5% | 14,78032.0% | 14,04034.0% | 44,01032.1% |
| Labor | 9,46019.0% | 9,47020.5% | 10,33025.0%a | 29,26021.3% |
| Prime cost | 24,65049.5% | 24,25052.5% | 24,37059.0% | 73,27053.4% |
| Opex | 5,98012.0% | 6,24013.5% | 6,20015.0% | 18,42013.4% |
| Occupancy | 5,73011.5% | 5,78012.5% | 5,99014.5% | 17,50012.7% |
| Four-wall | 13,44027.0% | 9,93021.5% | 4,74011.5% | 28,11020.5% |
a Durham opened in January, and its labor is still 25.0% of sales. Charlotte and Raleigh run at 19.0% and 20.5%.
I'm Ali Kara. I've spent 6+ years in finance and accounting. I started out doing the accounting for interior design firms in Boston, then became Financial Controller at Clutch Coffee Bar. Clutch had 15+ locations and was later acquired by Dutch Bros. Most recently I worked in finance at Copyright Capital, a media fintech startup. Today I run the accounting for food and beverage brands with multiple locations.
More about me →
"Book 20 minutes with me and tell me what's going on with your books. I'll tell you what I'd fix first and whether we're a good fit."