Paperwork stinks. As restaurant owners, we know it. As technologists, we knew we could fix it.
Paperwork does just… well, stink. We know you think so, too. We know this because we feel the same way! Bo and Roy, two of our founders, have more than 40 combined years of restaurant experience and built and operated over 25 restaurants around the US. Bo is the founder of Wasabi restaurants, a group of modern Japanese conveyor belt sushi restaurants, while Roy was a Joint Venture Partner within Bloomin’ Brands, most recently building and operating 15 Bonefish Grill locations. Though they had very different operating backgrounds, both struggled with the same frustrating invoice flow, inventory and recipe updating, unpredictable P&L timing and unending administrative details.
The story might have stopped there with restaurant operators and some dreaming, but – plot twist – Bo was a successful tech entrepreneur before a successful restaurateur! Building software solutions to real-world problems was in his blood. So, he began brainstorming creative solutions to reduce restaurant paperwork and increase operating efficiencies, and he did this not only with Roy but also with long-time colleagues, friends, and successful technologists Mike and Sam. Together with Bo and Roy, the team had not just deep restaurant expertise but also more than three decades of tech company management between them.
From our combined team and our unique combination of experience, MarginEdge was born. It was clear from the earliest days that our platform struck a chord with owners and operators of all kinds, and in less than several years of exposure, we’ve already had a fantastic time helping close to a thousand restaurants solve the very same operational challenges Bo and Roy first saw while running their own restaurants. Now, with teams in Washington, D.C., Arizona, New York, Minneapolis and Boston, we are excited about continuing to expand nationally, bringing the company’s unique vision to countless more full-service, quick-service, franchise and nightlife concepts throughout the country.