---
title: "Cafe Deco Group, Multi-Brand Restaurant, Food Processing and Bakery Group, Files for NYSE American or Nasdaq Capital Market IPO"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/271027161.md"
description: "Cafe Deco Group, a Hong Kong-based multi-brand restaurant and food producer, has filed for an IPO on the NYSE American or Nasdaq Capital Market, planning to offer 1,800,000 shares at $6 to $8 each. The company operates 40 restaurants and a food processing facility, targeting growth through new openings and overseas expansion. For FY 2025, it reported revenues of $108 million, with a net loss of $0.8 million. The IPO aims to raise $12.6 million, with proceeds allocated for new restaurants and expansion into markets like the U.K., Thailand, and Japan."
datetime: "2025-12-29T20:07:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/271027161.md)
  - [en](https://longbridge.com/en/news/271027161.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271027161.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/271027161.md) | [繁體中文](https://longbridge.com/zh-HK/news/271027161.md)


# Cafe Deco Group, Multi-Brand Restaurant, Food Processing and Bakery Group, Files for NYSE American or Nasdaq Capital Market IPO

Cafe Deco Group, a Hong Kong-based multi-brand restaurant and food producer, filed for an initial public offering on December 29, 2025. The company plans to list its ordinary shares on the NYSE American or Nasdaq Capital Market, offering 1,800,000 shares at an estimated price range of $6 to $8 per share. Kingswood Capital Partners, LLC is the lead underwriter.

**Business Description**

Cafe Deco Group operates a diversified food and beverage platform centered on multi-brand casual dining, complemented by vertically integrated meat and seafood processing and a premium bakery and patisserie business. The group runs 40 restaurants in Hong Kong and one in Sydney under both self-developed concepts and licensed or franchised brands, including Chatime, Duan Chun Zhen, Kyoto Katsugyu, nana’s green tea, Takeroku Ramen, and Uogashi Nihonichi. Its Food Square facility imports, processes and distributes meat and seafood products to internal outlets and third-party customers, while Baker & Patissier produces European-style breads, pastries and desserts, supplies corporate clients, runs retail concepts, and maintains supermarket concession counters.

Vertical integration supports quality control, cost efficiency and product development, while the CDG Privilege loyalty app aims to drive repeat visits and cross-brand engagement. The group targets growth through new restaurant openings in Hong Kong, overseas expansion via franchising, M&A and partnerships, and selective investments in technology to enhance customer experience.

**Market Overview**

-   **Total addressable market**: Hong Kong restaurant market sized at HKD 109.4 billion in 2024, expected to reach HKD 129.2 billion by 2029.
-   **Market growth**: Hong Kong restaurant market projected CAGR of 3.4% (2024–2029); Asia-Pacific restaurant market expected to grow from HKD 10.8 trillion (2024) to HKD 15.3 trillion by 2029 (7.2% CAGR).
-   **Market position**: Ranked 3rd by number of casual dining restaurants among multi-cuisine groups in Hong Kong (2024); HK revenue ranked 4th; sales per square meter (~HKD 65,000) far above industry average (~HKD 21,000).
-   **Key competitors**: Other multi-brand casual dining groups listed in Hong Kong and private chains operating across Chinese, Asian and Western cuisines.
-   **Industry trends**: Multi-brand portfolios, vertical integration for supply resilience, digitalization and data-driven loyalty, diversified cuisines, and overseas expansion.

**Operational Metrics**

-   **Customers**: Serves retail diners across casual dining restaurants; supplies food products to restaurants, hotels, airlines, clubhouses and supermarkets.
-   **Locations**: 40 restaurants in Hong Kong and 1 in Sydney; 10 supermarket concession counters; central food factory and bakery.
-   **Geographic presence**: Hong Kong and Sydney operations with product deliveries to Macau.
-   **Partnerships**: Licensed/franchised brands include Chatime, Duan Chun Zhen, Kyoto Katsugyu, nana’s green tea, Takeroku Ramen and Uogashi Nihonichi; catered multiple Hong Kong Tennis Association events.
-   **Other key metrics**: Sales per square meter (2024) ~HKD 65,000 vs industry average ~HKD 21,000; Employees: 1,168; Restaurant revenue FY2025: $81.5M; Food & Bakery revenue FY2025: $26.5M; Food factory ISO 22000 certified.

**Financials Highlights**

-   **Revenue (current)**: $108.0 million (FY ended March 31, 2025)
-   **Revenue growth**: Up 21.2% year over year
-   **Net income**: Net loss of $0.8 million (FY ended March 31, 2025)

**Management**

-   **Chow Vee Tsung Oscar**, Chairman of the Board - Over 24 years of management experience; also serves as an executive at Chevalier International Holdings Limited.
-   **Angelo Michael McDonnell**, Chief Executive Officer - Over 30 years in F&B; leadership roles across seven countries; director of several group operating subsidiaries.
-   **Chiu Wan Yee**, Chief Financial Officer - Over 31 years of finance experience; HKICPA and AICPA member; prior CFO roles within the group.
-   **Chang Wan Lung Robert**, Director - Over 20 years of management experience; director roles across multiple group entities.

**IPO Structure**

-   **Issuer**: Cafe Deco Group Limited
-   **Filing date**: December 29, 2025
-   **Exchange**: NYSE American or Nasdaq Capital Market
-   **Price range**: $6–$8 per share
-   **Offering size**: $12.6 million gross proceeds at the $7 midpoint (excl. over-allotment)
-   **Shares offered**: 1,800,000 Ordinary Shares (plus 270,000 share over-allotment option)
-   **Lead underwriters**: Kingswood Capital Partners, LLC
-   **Use of proceeds**: Open new restaurants in Hong Kong (~40%); overseas expansion to markets including the U.K., Thailand and Japan (~50%); and working capital and general corporate purposes (remainder).

Original SEC Filing: Cafe Deco Group Ltd - F-1 - Dec. 29, 2025

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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