Restaurants & Hospitality

Accounting for Restaurants & Hospitality

Over 50 hotel and restaurant owners and operators have turned to Weinstein Spira to help them manage their food and payroll costs, streamline their accounting processes, consult on leases and improve overall profitability.

Our experience includes auditing hotels ranging from four hundred to over seven hundred rooms managed by national and international management companies, as well as self-managed hotels. In addition, we have worked with clients through the construction phases of several hotels, including hotels with convention center space, golf courses, restaurants and water parks.

For restaurants, we have assisted with profitable table conversion equations, processes and controls for reconciling daily receipts and franchising feasibility studies. Our team also consults on proper handling of valuable liquor licenses, gift card processes and accounting and health care reform consultation.

Focusing on the long-term success of your hospitality business, we provide tax planning and compliance; assistance with debt restructuring; benefit plan audits; and audits, reviews and compilations of your company’s financial statements. When the right time comes, we will also help with transition to children or outside buyers.

If you’re looking for dedicated and consistent advice, turn to advisors who understand the hospitality business.