The company's purpose is to operate restaurants, bars and lounges, as well as to trade in goods of all kinds. The company is authorized to acquire, manage and dispose of participations in domestic and foreign companies and to manage its own assets. It may establish branches abroad and set up subsidiaries. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. Furthermore, the company may conduct any business that is suitable to promote the development of the company and the achievement of its purpose.