George Carrasquillo
Los Angeles, CA (USA)
Role(s):
Founder/Owner/Principal
The LUXE Group
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Startup
Location:
Los Angeles
Industry:
Hospitality
Year Founded:
2012
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
Rosewood will feature an outstanding Modern American cuisine created by rising culinary chef, Vincent Walker (Four Seasons, The Peninsula Beverly Hills, Gordon Ramsay & Thomas Keller) and satisfy the needs and tastes of our most discriminating guests in the downtown Los Angeles area. High-end residents, upper middle-class workers and tourists want more fine dining options and not have to drive to Beverly Hills or West Los Angeles. Full service dining has been the fastest growing category in the restaurant industry for the past 5 years, with year-over-year growth rates of 6.8% and 20 consecutive years of real sales growth. The LUXE Group’s leadership team has a combination of 29 years of experience in senior management, brand development, sales & marketing, front of house & back of house operations and kitchen management in the luxury hospitality sector for renowned establishments. With this experience, the Group is confident about opening a second Rosewood location and building a business that is profitable from year one and surpass $27 million in revenue within 5 years of inception.