Matchbox generated sales of $57,082,355 over the 12 month period ending July 31, 2015, from 69,027 square feet of restaurant space as the creator and operator of the Matchbox, Ted's Bulletin, and DC-3 brands. Matchbox is an American bistro with an upscale American menu prepared in their scratch kitchens. Ted's Bulletin operates in the same polished casual space serving American comfort food and breakfast all day. The single DC-3 location is a small fast casual hot dog joint featuring regional hot dog selection from around the country. The next phase for Matchbox involves adding restaurants in new markets as well as to its existing Washington, DC market. The Company's strategic plan calls for 36 Matchbox openings between 2015 and 2020, resulting in 42 Matchbox restaurants in addition to the existing Ted's Bulletin and DC-3 restaurants. To obtain capital to fund this expansion, Matchbox is offering $10,500,000 of 7-year subordinated notes paying an interest rate of 10.125%. The notes are junior only to bank financing and certain landlord positions, and are senior to the company's equity. The details of the subordinate notes are as follows: • Coupon: 10.125% (quarterly interest-only payments) • Term: 7 years • Investment minimum: $5,000 • Available only to accredited investors • Callable after 3 years; 1% prepayment premium for each year before maturity date if called. Separate from the note offering, the Company is also raising $20,000,000 of equity to help fund the expansion. As of August 31, 2015, the Company had raised $15,885,000 of equity and was in discussions with potential investors about the remaining amount. For more information about Matchbox or its note offering, or to open an account to purchase the Matchbox notes, visit www.viafolio.com/matchbox. The information contained herein is provided by Matchbox Food Group.Founded in 2002, matchbox food group is an established company that loves to hire graduates from University of Maryland - College Park, with 16.2% of its employees having attended University of Maryland - College Park. Want to compare matchbox food group to some other great places to work in Washington, DC? We suggest taking a look at Zippia's list of Best Companies to Work For in Washington, DC.matchbox food group is a small hospitality company based in Washington, DC with only 189 employees and an annual revenue of $6.6M.
matchbox food group's mission statement
We're a community-driven restaurant group that brings people together. Our food is the draw, but it's our team members working together that create an experience that brings guests back time and again.
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5.0/5
matchbox food group employee reviews
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Employee reviews
5.0
A zippia user wrote a review on Jul 2023
Pros of working at matchbox food group
Brings about unity and bond
Cons of working at matchbox food group
There can be really slow days and when it’s slow it’s boring
matchbox food group benefits
Discount on food
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The team at matchbox food group
The founders of matchbox food group are Ty Neal, Mark Neal and Perry Smith.
The key people at matchbox food group are Ty Neal, Mark Neal and Perry Smith.
Key people
Ty Neal
Mark Neal
Perry Smith
matchbox food group rankings
matchbox food group is ranked #21 on the Best Hospitality companies to work for in District of Columbia list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
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matchbox food group diversity
8.5
Diversity score
We calculated matchbox food group’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of matchbox food group’s workforce.
matchbox food group diversity summary. Zippia estimates matchbox food group's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated matchbox food group's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of matchbox food group's workforce.
matchbox food group has 189 employees.
50% of matchbox food group employees are women, while 50% are men.
The most common ethnicity at matchbox food group is White (48%).
24% of matchbox food group employees are Black or African American.
16% of matchbox food group employees are Hispanic or Latino.
The average employee at matchbox food group makes $38,678 per year.
Employees at matchbox food group stay with the company for 3.6 years on average.
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matchbox food group financial performance
7.9
Performance score
Highest paying matchbox food group competitors
Compare matchbox food group salaries to competitors, including ThinkFoodGroup, STARR Restaurants, and Del Frisco's Restaurant Group. Employees at ThinkFoodGroup earn the highest average yearly salary of $45,539. The salaries at STARR Restaurants average $38,522 per year, and the salaries at Del Frisco's Restaurant Group come in at $38,186 per year.
Rank
Company
Average salary
Jobs
1
$45,539
0
2
$38,522
0
3
$38,186
0
4
$37,821
0
5
$37,707
0
6
$37,657
0
7
$37,600
0
8
$37,202
0
9
$37,007
0
10
$36,609
0
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Zippia gives an in-depth look into the details of matchbox food group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about matchbox food group. The employee data is based on information from people who have self-reported their past or current employments at matchbox food group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by matchbox food group. The data presented on this page does not represent the view of matchbox food group and its employees or that of Zippia.
matchbox food group may also be known as or be related to Matchbox Food Group, Matchbox Foodgroup Pro Shop and matchbox food group.