Investment Bank Watermark Advisors Represents Florida-Based GoWaiter in Sale to Investor Group

Sale of one of nation's fastest-growing restaurant delivery service company positions it for rapid expansion

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Greenville, South Carolina (PRWEB) October 09, 2012

Endurance Business Media, Inc., a Tallahassee-based real estate media company, has divested its ownership in GoWaiter, Inc., a restaurant delivery service ("RDS") company, to a group of investors organized as GoWaiter Business Holdings, LLC. GoWaiter is a fast-growing RDS franchise, with 23 locations throughout the Southeast, Northeast and Midwest portions of the U.S. It delivers restaurant-prepared food to consumers, hotel clients and businesses. The Company also serves over 650 restaurant partners, which include local favorites in a community as well as nationally recognized brand-named restaurants. Endurance Business Media, ("EBM") owns Homes & Land, which prints over 40 million magazines annually to more than 30,000 communities throughout the U.S. and Canada. Investment banking firm Watermark Advisors represented EBM in the sale transaction.

RDS companies expand distribution for restaurants that have not established take out or home delivery services. Experts predict a 20 percent increase from 2009-2019 in restaurant meals eaten at home. In fact, according to QSR Magazine, 4 out of 10 consumers prefer to have food delivered. GoWaiter recently opened new franchise locations in Waldorf, MD, Memphis and Nashville, TN and has plans to add multiple new locations in the upcoming months.

For more information on GoWaiter, visit their website at http://www.GoWaiter.com
For more information on Homes & Land, visit their website at http://www.homesandland.com
For more information on Watermark Advisors, visit their website at http://www.watermarkadvisors.com


Contact

  • Hagen Rogers

    8645275960
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