Myriad Group

[cabrales]

Given the number of restaurants (including ones outside of NY) affiliated with the Myriad Group, is there benchmarking of one restaurant against others and are there certain profit/corporate values/diner treatment goals that are shared? Or does the group recognize the distinctive characteristics of each venue more than focusing on commonalities?

In addition, do Myriad Restaurants have an avenue for sharing cuisine ideas, front-of-the-room expertise and other resources (e.g., wine knowledge of Montrachet sommelier team)? For instance, is there a periodic "retreat" or other bonding-condusive activity? Do dining room team members or kitchen team members tend to move from one Myriad affiliate to another?

[Michel Nischan]

Given the number of restaurants (including ones outside of NY) affiliated with the Myriad Group, is there benchmarking of one restaurant against others and are there certain profit/corporate values/diner treatment goals that are shared?  Or does the group recognize the distinctive characteristics of each venue more than focusing on commonalities?

Each restaurant is truly its own being. The concept, execution, service style and menus are all individual. Check averages and mix of sales vary dramatically as well, making it irrelevant to benchmark one against the other. The various Nobus compare financial results and strategies; the rest are evaluated by their overall profitability and community impact.

In addition, do Myriad Restaurants have an avenue for sharing cuisine ideas, front-of-the-room expertise and other resources (e.g., wine knowledge of Montrachet sommelier team)?  For instance, is there a periodic "retreat" or other bonding-condusive activity?   Do dining room team members or kitchen team members tend to move from one Myriad affiliate to another?

Because our restaurants are decidedly chef-driven, recipes are not shared. Best practices in the front of the house are shared, and are actually the signature of a Myriad restaurant. We also have many team members who have worked their way through many of our restaurants, which provides them with a very broad base of experiences. We have such an amazing variety of concepts, each with their own individual point of view. Many of our team members are blessed with the opportunity to acquire a lifetime's worth of experience while working for one organization.