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Palm Management Corp. · Washington, DC United States

Company Description

1730 Rhode Island Ave. NW Ste. 900
Washington, DC
20036
United States (Map)
Phone: 202-775-7256
Fax: 202-775-9153
Toll Free: 800-795-7256
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    This company is firmly rooted in the white tablecloth pantheon. A leader in the fine dining niche, Palm Management operates about 30 Palm Restaurants in about two dozen major US markets, Mexico, and Puerto Rico. The steakhouses are famous gathering spots for the rich and powerful and are noted for their meticulous service and top drawer cuisine. However, the chain keeps a light air about itself with interior appointments that include caricatures of celebrities. Italian immigrants Pio Bozzi and John Ganzi opened the first Palm Restaurant in New York City in 1926. Their third-generation offspring, Bruce Bozzi and Wally Ganzi, continue to own and operate the company. To read the full description, subscribe now.
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    Key Palm Management Corp. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Employees750

    Palm Management Corp. Executives

    36 executives listed for Palm Management Corp.'s Washington, DC location.
    TitleName & BioContact
    Co-Chairman and Co-OwnerWalter GanziNetwork
    Co-Chairman and Co-OwnerBruce BozziNetwork
    President and CEOJohn BettinNetwork

    Competition

    Competitive Landscape for Palm Management Corp.
    Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.
    Top Palm Management Corp. Competitors
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