What hogsalt does

Hogsalt is a privately held Chicago-based restaurant group operating a portfolio of 16+ distinct restaurant sub-brands across four cities — Chicago (headquarters), New York, Las Vegas, and Paris (France). The portfolio spans diverse cuisine formats and price points, including Au Cheval (diner-style burgers), Bavette's SteakHouse, 4 Charles Prime Rib, Monkey Bar, Ciccio Mio (Italian), High Five Ramen, Gilt Bar, Trivoli Tavern, Armitage Alehouse, Green Street Smoked Meats, Doughnut Vault, Sawada Coffee, Lobster Bar, Small Cheval, Aster Hall, and La Renommee. The company employs more than 1,300 people across its venues and serves three primary customer segments: individual diners seeking high-quality hospitality experiences, corporate and social event bookers, and repeat customers enrolled in its tiered loyalty program.

The underlying technology stack is modest: a Squarespace-hosted corporate website, Resy for reservations across U.S. locations, a Hogsalt Rewards mobile app on iOS/Android, and standard marketing infrastructure (Google Analytics, Meta Pixel with Custom Audiences, SMS marketing, email newsletters). The Hogsalt Rewards program (launched 2025) introduces a $25/year membership with three spending-based tiers ($0-$1,499, $1,500-$2,999, $3,000+), points-to-dollars conversion at 1x/1.25x/1.5x multipliers, and birthday rewards — though participation excludes Small Cheval, Aster Hall, Bavette's Las Vegas, and La Renommee Paris. A structured paid internship program across culinary, operations, HR, marketing, and accounting functions is a notable operational feature.

Hogsalt's revenue is generated primarily through dine-in food and beverage sales across its 25+ restaurants, supplemented by gift card sales (accepted across most but not all locations), $25 recurring Rewards membership fees, and private events revenue (groups of 25-200+ guests with semi-private, private, and full buyout options). The legal entity operates as Management of Hogsalt, LLC (Illinois, USA), with Hogsalt Hospitality Management LLC referenced for Rewards program administration. The company is privately held with no disclosed parent, institutional investors, public listing, or ownership transactions.

Name

hogsalt

Legal name

Management of Hogsalt, LLC

Website

https://hogsalt.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Hogsalt is a privately held Chicago-based restaurant group operating 16+ distinct restaurant brands across Chicago, New York, Las Vegas, and Paris, employing 1,300+ people and serving individual diners, private event customers, and tiered loyalty program members.

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Restaurant Food & Beverage Sales: Core revenue from operating 25+ restaurants across four cities, generating sales from food, beverages, and dine-in services
2. Rewards Program Membership: $25 annual membership fee with $25 reward dollars granted upon enrollment; tiered spending requirements determine point earning rates (1x, 1.25x, 1.5x multiplier)
3. Gift Card Sales: Gift cards sold online and in-person at restaurants; cards accepted across all Hogsalt locations except Aster Hall, Bavette's Las Vegas, and La Renommee in Paris; gift cards never expire
4. Private Events: Revenue from hosting private dining events, corporate gatherings, and full restaurant buyouts with capacity ranging from 25 to 200+ guests

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Hogsalt is a Chicago-based restaurant hospitality group operating a portfolio of 16+ distinct restaurant brands across Chicago, New York, Las Vegas, and Paris. It provides dine-in restaurant experiences across diverse concepts, alongside complementary services including a loyalty rewards program, gift cards, and private event hosting.

Product overview

Hogsalt is a hospitality company operating a portfolio of 16+ distinct restaurant brands across four cities (Chicago, New York, Las Vegas, and Paris). The portfolio includes diverse dining concepts ranging from specialty coffee (Sawada Coffee) and doughnuts (Doughnut Vault) to steakhouses (Bavette's SteakHouse, 4 Charles Prime Rib), burgers (Small Cheval, Au Cheval), Asian cuisine (High Five Ramen), French dining (La Renommee), Italian (Ciccio Mio), and general tavern fare (Trivoli Tavern, Gilt Bar). The company provides complementary services including a loyalty program (Hogsalt Rewards), gift cards, and private event hosting. Hogsalt employs over 1,300 people across its restaurant locations. The restaurants operate in four geographic markets: Chicago (headquarters), New York, Las Vegas, and Paris.

Differentiator

Problem solved

Functional benefit

Products and services

• Lobster Bar A seafood-focused restaurant offering lobster dishes and related seafood options, located in Chicago.
• Small Cheval A burger-focused restaurant chain with locations in Chicago and Wrigleyville. Does not participate in the Hogsalt Rewards program.
• Doughnut Vault A specialty doughnut shop offering handcrafted doughnuts, located in Chicago.
• Sawada Coffee A specialty coffee shop with locations in Chicago and New York City.
• Green Street Smoked Meats A smoked meats and barbecue restaurant located in Chicago.
• High Five Ramen A ramen restaurant in Chicago.
• Aster Hall A restaurant located in Chicago. Does not participate in the Hogsalt Rewards program.
• La Renommee A restaurant located in Paris, France. Does not participate in the Hogsalt Rewards program.
• Ciccio Mio An Italian restaurant located in Chicago.
• Monkey Bar A restaurant and bar located in New York City.
• Au Cheval A diner-style restaurant with locations in Chicago and New York City (Au Cheval NYC).
• Gilt Bar A bar and restaurant located in Chicago.
• Bavette's SteakHouse A steakhouse with locations in Chicago and Las Vegas. The Las Vegas location does not participate in the Hogsalt Rewards program.
• Trivoli Tavern A tavern-style restaurant located in Chicago.
• Armitage Alehouse Alehouse located in Chicago.
• 4 Charles Prime Rib A prime rib restaurant located in New York City.
• Hogsalt Rewards A loyalty program requiring a $25 annual membership fee, offering points for dining that can be redeemed for Reward Dollars at participating restaurants. Includes tiered membership levels (Level I, II, III) with varying earning rates and birthday rewards. Available via mobile app on iOS and Android.
• Gift Cards Gift cards that can be purchased online or in person at any Hogsalt restaurant. Cards never expire and are accepted across all Hogsalt restaurants except Aster Hall, Bavette's Steakhouse & Bar in Las Vegas, and La Renommee in Paris.
• Private Events Private dining and event services offered across Hogsalt restaurants, accommodating various group sizes from intimate gatherings (25+) to full buyouts (200+). Services include semi-private, private, and full buyout options.

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature2 records

Partnerships

One partnership is on record.

• ResycoreTechnology or IntegrationThird-party reservation platform used for managing restaurant reservations at US locations. Terms of Service strictly prohibits reselling or redistributing reservations made on their platform.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Tao Group Hospitality: Operates upscale, design-forward restaurants, lounges, and event venues in major U.S. cities including Las Vegas and New York. Directly overlaps with Hogsalt on premium positioning, event-driven revenue, and multi-city footprint.
• Union Square Hospitality Group: Danny Meyer's multi-concept restaurant group spanning fine dining, casual, and event venues; comparable in brand-led, hospitality-first approach to a diversified urban restaurant portfolio.
• Major Food Group: Restaurant group behind Carbone, Dirty French, and The Grill; operates a portfolio of high-end concepts in New York, Las Vegas, and Miami, with private events and brand-extension activity similar to Hogsalt.
• Lettuce Entertain You Enterprises: Chicago-based, founder-led multi-concept restaurant group operating a large portfolio of full-service and casual concepts across the U.S. Hogsalt's most direct structural comparable, differing in scale and concept mix.
• Nobu Hospitality: Global, brand-led upscale restaurant group with international locations; comparable to Hogsalt in delivering a strong identity concept across multiple geographies at premium price points.

Emerging players

• Soho House: Membership-based hospitality company with food-and-beverage operations across global locations; an adjacent peer given Hogsalt's new paid loyalty/membership program and its multi-city venue-driven model.

Broad incumbents

• Bloomin' Brands: Public multi-concept restaurant operator (Outback, Carrabba's, Bonefish, Fleming's). Comparable in multi-brand casual-to-upscale full-service portfolio, but a much larger and publicly traded incumbent.
• Brinker International: Operates Chili's Grill & Bar and Maggiano's Little Italy. Broad incumbent with full-service casual dining and event capabilities, though without Hogsalt's concept diversity or premium positioning.
• The ONE Group Hospitality: Public hospitality group behind STK Steakhouse and other premium venues; overlaps with Hogsalt on upscale, design-forward restaurants with strong event/private dining revenue.
• Darden Restaurants: Large public multi-brand restaurant operator (Olive Garden, LongHorn Steakhouse, The Capital Grille). A broad incumbent comparable on multi-brand full-service portfolio strategy, though at vastly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/hogsalthospitality
• Facebookfacebook.com/HogsaltHospitality

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about hogsalt