BT Brands, Inc. reported its financial results for the 26 weeks ending June 29, 2025, revealing a total revenue of $7.01 million, a decrease of 4% from $7.30 million in the same period last year. The company experienced a net loss of $274,818, an improvement from the loss of $515,652 reported in the prior year. The loss from operations also narrowed significantly to $367,317 compared to $819,372 in 2024, indicating a positive trend in operational efficiency despite the decline in sales.
The decrease in revenue was primarily attributed to the closure of two underperforming locations, which accounted for approximately $900,000 in lost sales. However, the inclusion of Schnitzel Haus, acquired in May 2024, contributed positively to the overall revenue, generating approximately $330,000 during the reporting period. The company has focused on cost control measures, resulting in a reduction of total costs and expenses to $7.38 million from $8.12 million in the previous year.
Operationally, BT Brands has made strategic decisions to enhance efficiency, including the closure of the Village Bier Garten and Ham Lake locations, which had historically contributed to higher operating losses. The average customer transaction at Burger Time remained stable at approximately $15.00, and the company has implemented new initiatives for third-party delivery, which are expected to drive future sales growth. The restaurant-level EBITDA for the quarter improved to 16.9% of revenues, up from negative 10.6% in the previous year, reflecting better cost management and operational performance.
As of June 29, 2025, BT Brands reported total assets of $11.22 million, a decrease from $11.99 million at the end of the previous fiscal year. The company’s cash and cash equivalents stood at $560,068, down from $1.95 million, while marketable securities increased to $2.97 million from $2.32 million. The company’s total liabilities decreased to $4.43 million from $5.03 million, indicating improved financial stability. The company also reported a significant reduction in labor costs as a percentage of sales, which fell to 37.0% from 40.2% in the prior year, reflecting enhanced staffing efficiency.
Looking ahead, BT Brands aims to leverage seasonal strengths and continue its focus on cost reductions and targeted sales initiatives to drive future growth. The company is also exploring opportunities for geographic expansion and potential acquisitions to enhance its market presence. Despite the challenges posed by the competitive landscape and inflationary pressures, BT Brands remains committed to improving its operational efficiencies and financial performance in the upcoming quarters.
About BT Brands, Inc.
BT Brands, Inc. owns and operates a portfolio of quick-service, fast casual, and casual dining restaurants primarily in the eastern two-thirds of the U.S. Its key brands include Burger Time, Bagger Dave’s Burger Tavern, Keegan’s Seafood Grille, Pie In The Sky Coffee and Bakery, and Schnitzel Haus. The company focuses on acquiring established restaurant concepts, leveraging centralized management to optimize operations, increase sales, and enhance brand awareness across diverse markets.
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