Key information

🔎 Fund Overview

First Watch Restaurant Group, Inc. is a daytime dining concept serving made-to-order breakfast, brunch and lunch using fresh ingredients. The Company’s menu includes elevated executions of classic favorites alongside specialties such as its Quinoa Power Bowl, Lemon Ricotta Pancakes, Chickichanga, Morning Meditation fresh juice and signature Million Dollar Bacon. The Company operates and franchises restaurants in 29 states operating under the First Watch trade name, which are focused on made-to-order breakfast, brunch and lunch. It uses a variety of marketing channels, including affiliate partnerships, social media interactions, digital marketing, direct mailers, public relations initiatives and local community sponsorships, email communications, promotions and partnerships. The Company operates approximately 572 restaurants, 489 of which were owned by the Company and 83 were franchise-owned.