Our hardworking team and unique concepts are the foundation for our growth and this recognition is a testament to what we have accomplished and what is to come," says CEO of Riot Hospitality Group Ryan Hibbert.
SCOTTSDALE, Ariz. (PRWEB) August 16, 2018
Riot Hospitality Group, the premier hospitality management company responsible for some of the most successful restaurants and nightlife concepts in Arizona, ranked 3,826th on the 37th annual Inc. 5000. The honor marks the first time the local restaurant group has made the publication’s prestigious ranking of the nation’s fastest-growing private companies.
The Inc. 5000 list has become the hallmark of entrepreneurial success. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"We are honored to make the Inc. 5000 list for the first time,” says Ryan Hibbert, CEO of Riot Hospitality Group. “Our hardworking team and unique concepts are the foundation for our growth and this recognition is a testament to what we have accomplished and what is to come. We remain focused on growing the Riot Hospitality Group team and plan for strategic nationwide restaurant expansion over the next few years.”
Founded in 2010, Riot Hospitality Group owns and manages eleven venues in three states including Farm & Craft, Hand Cut Burgers & Chophouse, El Hefe, Dierks Bentley’s Whiskey Row and Riot House, their newest concept which opened in Scottsdale on May 2018. The company has plans for strategic nationwide expansion over the next few years.
The 2018 Inc. 5000, unveiled online at Inc.com, is the most competitive crop in the list's history. The average company on the list achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years. The top 500 companies will be featured in the September issue of Inc. currently available on newsstands.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000. For more information on Riot Hospitality Group and its Inc. 5000 ranking, visit https://www.inc.com/profile/riot-hospitality-group.
About Riot Hospitality Group
Headquartered in Scottsdale, Riot Hospitality Group is a premier hospitality management company responsible for some of the most successful food and beverage concepts in Arizona, including: El Hefe, Farm & Craft, Hand Cut Burgers & Chophouse, Dierks Bentley’s Whiskey Row and Riot House. Riot Hospitality Group was founded in 2010 by like-minded individuals looking to transform the typical restaurant landscape into memorable cultural experiences by giving local residents an opportunity to feel connected to something special through a superior food and drink experience. Each Riot Hospitality Group concept has its own unique identity; however, each sources only the most sustainable and locally grown products which are elevated through design and experience. Riot Hospitality Group has plans for strategic nationwide restaurant expansion over the next few years. http://www.riothg.com
More about Inc. and the Inc. 5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit http://www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.