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Peter S. Petrosian profile image

Peter S. Petrosian

President at <span class="not-italic font-text_font lg:text-[18px] text-[16px] font-bold claimed">PSP Managment Consulting</span>
Intro Book
Seasoned restaurant executive with expertise in strategic planning, operations, and franchising.
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Location
Cumming, Georgia, United States, US
Languages
  • Armenian -
Skills
  • Restaurants
  • Leadership
  • Food Service
  • Strategic Planning
  • P&L Management
  • Show all
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Bio

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Peter S. Petrosian is a seasoned executive with extensive experience in restaurant management, franchising, and strategic planning. He has held various leadership positions in top restaurant companies, including President of PSP Management Consulting, Chief Development Officer of Beef ‘O’ Brady’s and The Brass Tap, and Chief Operating Officer of Steak-Out Franchising, Inc. He has also worked with prominent companies like AFC Enterprises, McDonald’s, and Marriott Corporation. With a strong background in operations, finance, and human resources, Petrosian has developed a unique expertise in driving business growth and improving profitability in the food service industry. Petrosian has a proven track record of success, having expanded the Brass Tap from 9 to 40 units, increased sales by 4% at McAlister’s Corporation, and improved EBITDA by 54% at Service America Corporation. He has also provided interim executive support to clients like Private Equity Groups, Dunkin’ Brands, and Five Guys Burgers & Fries. With his extensive experience and expertise, Petrosian is well-equipped to provide strategic planning, operational improvement, and franchise development services to food service companies.

Experience

  • PSP Managment Consulting
    • Tampa/St. Petersburg, Florida Area
    • President
      • Jan 2017 - Present
      • Tampa/St. Petersburg, Florida Area
  • Beef 'O' Brady's and The Brass Tap
    • Tampa/St. Petersburg, Florida Area
    • Chief Development Officer
      • Nov 2013 - Jan 2017
      • Tampa/St. Petersburg, Florida Area

      Designed a dynamic expansion strategy for the the rapid growth of the Brass Tap and expnasion of Beef &#39;O&#39; Brady&#39;s positioning the company for sale in 2017. • Expanded the Brass Tap from 9 to 40 units in three years with 54 in the pipeline along with opening 28 new Beef ‘O’ Brady’s. ...

  • Steak-Out Franchising, Inc.
    • Chief Operating Officer
      • 2007 - Dec 2013

      Restructured the company to effectively manage through the economic downturn. Streamlined organization to efficiently support franchise operations. Enhanced business functions and paid off debt resulting in improved cash flow, AUV, and EBITDA.

  • P.S. Petrosian Consulting
    • Consultant
      • 2005 - Dec 2013

      Provides interim executive support in the areas of organizational development and business, franchise and operational planning. Clients included Private Equity Groups, Dunkin’ Brands, Five Guys Burgers &amp; Fries, Bojangles’ Famous Chicken ‘n Biscuits, and FDY Inc.; a minority-owned food service...

  • McAlister's Corporation
    • Senior Vice President of Operations
      • 2003 - 2005

      Responsible for Franchise Operations, Human Resources, R&amp;D and Procurement. Developed a franchise support organization capable of opening more than 50 restaurants per year. P&amp;L responsibility for 22 company-operated restaurants generating $26 million in annual sales. Increased Sales 4% w...

  • Vice President of Operations and Corporate Officer
    • AFC Enterprises – Church's Chicken
      • 1999 - 2003

      AFC Enterprises was a $2.1 billion NASDAQ-listed restaurant company which owned and operated Church’s, Popeyes, CInnabon, Seattle’s Best Coffee and Torrefazione Italia (2003).P&amp;L responsibility for 490 quick service restaurants that generated approximately $320 million in annual sales. Manag...

  • Peter S. Petrosian & Associates
    • Principal
      • 1995 - 1999

      Provided interim executive support and strategic planning services related to Contract Food Service, Quick Service Restaurants, Catering, Fine Dining and Home Meal Replacement. Clients included Panda Management Company, Inc.; Elliot Solutions, LLC and Sbarro, Inc. P &amp; E Food Production Techno...

  • Service America Corporation
    • Division President and Corporate Officer
      • 1990 - 1995

      P&amp;L responsibility for a $500 million national strategic business unit, including direct management of eight operations Vice Presidents plus Human Resources, Sales &amp; Marketing, Finance, and Business Planning. Executed the strategic reorganization of the Company to a Line of Business / SBU...

  • Marriott Corporation
    • Vice President, Midwest Operations
      • 1978 - 1990

      Directed regional operations in 12 Midwestern states. Managed staff including District Managers, Human Resources, Sales &amp; Marketing and Finance. Grew sales in this region from $92M to $150M in 2 years. Consistently exceeded EBITDA expectations. Key player in the merger of Saga&#39;s and Marr...

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Industry Focus. “Restaurants”

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