F&B 💪 heavyweights join forces
What do the Coat Room and Standard Fare now have in common?
Dan Cohen is coming to Phila Street.
After earning some A-list bragging rights in ultra-glam Palm Beach and at international juggernaut Tao, the Saratogian was part of the ownership team that launched the super-hot summer rooftop and hot new dinner program at Coat Room.
And now he’s joining forces with Zac Denham and Clark Gale as a minority partner of Standard Fare, the classic American restaurant they opened after enjoying much success across Phila at Bocage Champagne Bar.
For his first syndicate play with his investor group Twins & Losses, Cohen collected a group of friends “that have a lot of their own small businesses, go out a lot, and have a lot of connections” to join him as equal percentage equity partners, but under his firm. The deal was celebrated Sunday, Feb. 22.
“Zac and Clark have years and years of experience,” Cohen says. “They have what it takes to make an experience special, to touch tables and make you feel like you’re a guest. You go back to the people that take care of you, and Saratoga has a small pool of great people that can do that.”
Cohen’s crew does not have any ownership of Bocage — but that could change if the “little bubble bar,” as often Denham calls it, expands.
“I like the possibility of being involved with more Bocages in the future,” Cohen says. “Being a small space, non-restaurant could work in places all over the country: New Orleans, Charleston, Vegas. In the meantime, it’s more of a project and great hospitality group to have fun with and help grow.”
The new deal does not affect Cohen’s involvement with Coat Room.