What is Trace Grill?
Trace Grill is a family-owned restaurant established in 1999 by Kevin and Tracey Thompson, aiming to provide a welcoming atmosphere for enjoying home-cooked meals. The establishment prides itself on serving quality food at reasonable prices, with signature items including homemade hamburger buns, babyback ribs, fresh daily salad dressings, and fried green tomatoes. The company's focus on a traditional, family-friendly dining experience positions it within the competitive casual dining market.
How much funding has Trace Grill raised?
Trace Grill has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Trace Grill
PPP
Public-Private Partnership
What's next for Trace Grill?
With the recent strategic investment, Trace Grill is poised for further development and potential expansion. The capital will likely be allocated towards enhancing operational capabilities, potentially expanding menu offerings, or exploring new market opportunities. This late-stage funding suggests a strategic push to solidify its market presence and capitalize on its established reputation for quality and value. The company's trajectory indicates a focus on sustainable growth and reinforcing its brand as a go-to destination for family dining.
See full Trace Grill company page