Customer SatisfactionBlack Rock Coffee Bar delivers a successful formula of speed and service, featuring a 90-second service standard and excellent customer service supported by a promote-from-within culture.
Expansion PotentialThere is ample opportunity for Black Rock to capture its fair share, with the goal of 1,000 units by 2035 representing a 20% expansion CAGR from 158 locations across seven states today.
Revenue GrowthAnnual revenue growth of 20%-plus is projected, yielding an approximate doubling in adjusted EBITDA between 2024 and 2027, with coverage initiated with an Outperform rating.