Diligence memo · auto-generated · as of July 2, 2026
L.I. Restaurant Associates, L.P.
L.I. Restaurant Associates, L.P. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
L.I. Restaurant Associates, L.P. operates in Restaurants, based in PORT WASHINGTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
L.I. Restaurant Associates, L.P. has raised $3.3M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.9M on 2014-03-15.
Most recent recorded round closed around 2014-03-15.
Valuation (modeled)modeled
Provath models L.I. Restaurant Associates, L.P. at approximately $10M (range $2.2M–$79M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.63× the median modeled value of Seed Restaurants companies in 2013–2015 (101 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 12.3 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 6.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 80% of Restaurants peers (2292 compared).
Modeled value ranks above 83% of those peers.
Closest niche peers: MGE International Hospitality Group LLC, RDW Rudy's Fort Worth Limited Partnership, Monument Restaurants VII, LLC, Wingtime LLC, Eatery Green, LLC.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.