Cedar Croft Consulting Advises Ted's Hot Dogs on Senior Debt Refinancing

NEW YORK (Nov. 5, 2024) – Cedar Croft Consulting Inc., a leading turnaround management and financial advisory firm in North America, has acted as a financial advisor for Ted's Hot Dogs' recent senior debt refinancing.

Ted’s Hot Dogs, a beloved restaurant chain since 1927, is based in Buffalo, New York. It is famous for its charcoal-broiled hot dogs and traditional American cuisine. Today, nearly a century after establishing the first store, the family-owned and operated business has grown to nine locations across Western New York, a Charcoal Chariot Food Truck, and a store in Tempe, Arizona.

Cedar Croft Consulting worked closely with Ted’s Hot Dogs management team to assess financing options and negotiate favorable terms with lenders. The refinancing was designed to enhance Ted’s liquidity and financial flexibility, supporting the company’s growth and operational needs.