Ojos Locos Funding !link! ✔
: In October 2022, Comvest Credit Partners provided a $100 million credit facility. This massive capital injection was specifically designed to fund the opening of new locations and modernize existing venues.
| Metric | Performance | Implication for Funding | | :--- | :--- | :--- | | | $6.5M – $8.0M per location | Above industry average for sports bars (comp. BWW ~$3.5M). Supports higher debt servicing. | | EBITDA Margin | ~22-25% | Highly profitable due to low food costs (tacos, wings) and high-margin alcohol sales (tequila, beer). | | Customer Demographics | 65% Hispanic, ages 21-35 | Underserved niche in casual dining. Loyalty rates exceed 40%, reducing customer acquisition costs. | ojos locos funding
The brand was co-founded in Plano, Texas, by veteran restaurateurs Randy DeWitt, Jack Gibbons, Rich Hicks, and Todd East. : In October 2022, Comvest Credit Partners provided