Report: Restaurants primed for growth in 2015

Report: Restaurants primed for growth in 2015

Company balance sheets, consumer sentiment strengthen, AlixPartners finds

Restaurants have spent the post-recession years shoring up their balance sheets and are now ready to grow, as consumers appear more willing to spend, according to the 2015 State of the Restaurant Industry report from the consulting firm AlixPartners.

Industry distress levels are near all-time lows, due to efforts by companies to reduce debt levels following the credit crisis of 2008. And now, with sales improving, the industry has shifted into growth mode.

“Folks spent

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