Grove Bay Hospitality Group

Name

Grove Bay Hospitality Group

Legal name

Grove Bay Hospitality Group

Website

https://grovebaygroup.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Multi-concept Restaurant Hospitality

NAICS

Restaurants and Other Eating Places (72251), Food Services and Drinking Places (722)

SIC

Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Special Occasion & Destination Restaurants (THAFACAK)

akta.pro secondary industries

Venue & Banquet Hall Catering (THAFAIAC), Steakhouses & Seafood Restaurants (THAFACAE)

Keywords

• Restaurant hospitality group
• Celebrity chef restaurants
• Airport food concessions
• Fine dining Miami
• Private dining events

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Restaurant Dining: Revenue from multiple restaurant concepts offering breakfast, lunch, and dinner service across various price points and cuisines.
2. Private Events: Revenue from hosting private dining events, corporate functions, and celebrations at restaurant venues including Glass & Vine, Stiltsville, Stubborn Seed, Beauty & The Butcher, Red Rooster Overtown, Bayshore Club, and The Hangar.
3. Airport Concessions: Contracts for over 24 restaurants across four international airports, generating recurring revenue from high-traffic concession operations.
4. Gift Cards: Sale of gift cards across all restaurant brands and locations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Grove Bay Hospitality Group owns and operates a portfolio of celebrity chef-driven restaurants across Miami and Las Vegas, including Michelin-starred Stubborn Seed, Red Rooster Overtown, Beauty and the Butcher, Glass & Vine, Bayshore Club, Stiltsville Fish Bar, and The Hangar event space. The company also operates Grove Bay Concessions, running more than 24 restaurants in four international airports, and books private dining events across its venues.

Product overview

Grove Bay Hospitality Group is a multi-concept restaurant company operating a portfolio of eight celebrity chef-driven restaurants across Miami, a Las Vegas expansion, and airport concessions nationwide. The portfolio includes fine dining establishments like Michelin-starred Stubborn Seed and Red Rooster Overtown, casual waterfront venues like Bayshore Club and Glass & Vine, seafood concepts like Stiltsville Fish Bar, and event spaces like The Hangar. The group also operates Grove Bay Concessions managing over 24 airport restaurants, and maintains a philanthropic arm through the Grove Bay Foundation. All restaurants are connected through an integrated SevenRooms reservation system.

Differentiator

Problem solved

Functional benefit

Brands

• Stubborn Seed: Michelin-starred restaurant by Chef Jeremy Ford, operating in Miami and Las Vegas
• Beauty and the Butcher
• Bayshore Club
• Glass & Vine
• Stiltsville Fish Bar
• Red Rooster Overtown
• The Hangar
• Regatta Grove
• Grove Bay Concessions
• Grove Bay Foundation

Products and services

• Stubborn Seed Michelin-starred fine dining restaurant by Chef Jeremy Ford in Miami, featuring a seasonally changing tasting menu with innovative American cuisine.
• Beauty and the Butcher Fine dining restaurant by Chef Jeremy Ford located in Coral Gables, offering a menu celebrating vegetable-forward dishes and premium cuts of meat.
• Bayshore Club Waterfront seafood and coastal cuisine restaurant in Coconut Grove, situated on a 7-acre waterfront property with a 300-boat marina. Dog-friendly establishment.
• Glass & Vine Restaurant in Coconut Grove offering a seasonal menu with a focus on fresh, locally-sourced ingredients. Recognized as Best Restaurant in Coconut Grove in 2018.
• Red Rooster Overtown Restaurant by Chef Marcus Samuelsson located in Miami's Overtown neighborhood; recipient of the Michelin Bib Gourmand designation.
• Stiltsville Fish Bar Seafood restaurant offering accessible South Beach-style seafood cuisine. Recognized as Hottest Restaurant in Miami in 2018.
• The Hangar Private event space located in Coconut Grove on the waterfront property, available for corporate events, weddings, and special occasions.
• Grove Bay Concessions Airport and travel plaza concessions division managing restaurant operations at four international airports across the country with over 24 restaurants.
• Private Events Services Private dining and event booking services across multiple restaurant venues including Glass & Vine, Stiltsville, Stubborn Seed Las Vegas, Stubborn Seed Miami, Beauty & The Butcher, Red Rooster Overtown, Bayshore Club, and The Hangar.

Quantifiable outcome

• 3 Michelin-recognized restaurants - most of any restaurant group in Florida (2022)
• +3 more outcomes

Named customers3 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

Integration1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Florida International University (FIU) Chaplin School of Hospitality and Tourism ManagementcoreStrategic or Co-development Partner · 30 June 2022Grove Bay Foundation partnership with FIU to provide $280,000 in scholarships over five years to 40 hospitality students. Eight annual recipients receive funds for culinary and hospitality management education. Graduates eligible for positions within Grove Bay restaurants.
• Food Network (Tournament of Champions)minorStrategic or Co-development PartnerChef Kenny Gilbert, VP of Culinary Operations, competes on Food Network's Tournament of Champions, bringing national visibility to Grove Bay through television appearance.
• South Beach Wine & Food Festival (SOBEWFF)coreStrategic or Co-development PartnerMajor culinary event sponsorship and participation featuring chef appearances, tasting events, and waterfront activations at Coconut Grove venues.
• SevenRoomscoreTechnology or IntegrationReservation management platform enabling centralized booking across all Grove Bay restaurant venues through integrated digital platform.

Scale indicators8 records

Recent moves7 records

Expansion highlights2 records

Direct peers

• 50 Eggs Restaurant Group: Multi-concept, chef-driven restaurant operator (Yardbird, Swine) whose former executives (Garcia-Menocal, Acevedo) co-founded and now run Grove Bay. Closely comparable business model and footprint, with overlapping Miami exposure.
• Areas USA: Airport and travel concessions operator where co-founder Francesco Balli previously served as CFO/VP Finance. Grove Bay's Grove Bay Concessions division competes directly in the same airport-concession RFP market.
• Lettuce Entertain You Enterprises: Large, privately held multi-concept restaurant group operating dozens of chef-driven venues. Comparable in scale, celebrity-chef partnerships, and award recognition, with deeper national reach.
• Major Food Group: Celebrity-chef-driven, multi-concept restaurant operator (Carbone, Dirty French, Sadelle's). Comparable premium positioning, chef-led differentiation, and trend-driven growth trajectory.
• Union Square Hospitality Group: Danny Meyer-founded multi-concept restaurant group with fine dining, casual, and event venues. Comparable portfolio breadth and Michelin-recognized fine dining alongside private events.
• Shula's Steak Houses: Iconic steakhouse brand where co-founder Garcia-Menocal previously served as VP of Finance. Closely comparable upscale-dining concept and Miami/Florida operating overlap.

Broad incumbents

• Hillstone Restaurant Group: Established multi-concept operator of upscale-casual and fine-dining restaurants (Hillstone, Honor Bar, R+D Kitchen). Broader geographic reach and longer operating history than Grove Bay.
• Del Frisco's Restaurant Group: National upscale steakhouse and grill operator with private-event focus. Comparable premium-dining positioning, particularly to Beauty and the Butcher.
• HMSHost: Largest North American airport food-and-beverage concessionaire, directly comparable to Grove Bay Concessions in scale, airport contract model, and traveler dining.

Regional players

• SBE / sbe Restaurant Group: Hospitality group with multi-concept celebrity-chef restaurants and hotels, primarily on the West Coast. Comparable celebrity-chef-driven multi-concept model with geographically distinct footprint.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/grovebaygroup
• Instagraminstagram.com/grovebaygroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Grove Bay Hospitality Group