We're funding the next class of restaurant entrepreneurs. Small businesses create 2/3 of all new net jobs and account for 44% of the GDP Nearly 90% of small businesses with less than 20 employees are restaurants.
restaurant industry post-covid
Why Is Now a Favorable Time to Invest In Restaurants?
Then In 2020, restaurant industry sales dipped $240B below expected levels to $659B.
Now As of March 2022, sales are already over 100% pre-COVID 2019 levels.
surging demand in the restaurant industry
M&A demand and growing sales in the restaurant industry.
These signal an opportunity in the restaurant industry. For over ten years, quick-service and fast-casual restaurants had a median of 10.6x EBITDA, outpacing casual dining restaurant chains at 8.8x EV-to-EBITDA.
why fast casual?
Freshly-prepared, higher-quality food, ordered at the counter, in a casual space.
In 2021, fast casual same-store growth outpaced all other food service categories, including family dining, casual dining, quick service, and upscale casual dining.
early stage restaurant businesses problem
Consistent growth bottlenecks make scaling past 3 units unfeasible.
We solve the issues of scalability of operations, managing development, and access to capital by building multi-revenue-channel businesses, deploying the funds, and managing the brand expansion.
early stage restaurant businesses opportunity
Access to capital is only 1/3 of early stage growth.
Our development and investment teams work alongside owners, ensuring the building of scalable operations and management of the brand expansion while the owner successfully runs the business.
Rapid growth is possible with our hands-on style of investment.
Our development and operations work alongside our clients, offering education and mentoring. All clients are vetted prior to acceptance into the pipeline.
Without boots on the ground, capital investment alone isn't enough to grow restaurants. We've got it every step of the way.
Optimize. Plan. Develop.
The Full Course Difference
Investing with Full Course means the security of knowing each brand has gone through a rigorous 3-phase process to ensure viability and growth potential.
Increase Efficiency & Reduce Loss We optimize the business— streamlining operations; accounting; marketing; and recruiting, team-building, and leadership training—to reduce loss and solidify the foundation for growth.
Increase Profitability & Plan Growth We plan a multi-channel Growth Plan. The diverse channels—franchising, consumer packaged goods, traditional, and non-traditional restaurant development—add long-term value and stability, and reduce short-term risk.
Develop Growth Plan & Build ROIC Finally, using our affiliated Fund, we develop the restaurant's business per the Phase II Growth Plan, allowing our clients to focus on what they do best: operate their restaurants.
The Full Course Difference
Growing and Building Stable Businesses
We teach our clients proven systems to overcome the consistent hurdles thwarting growth to unit 10.
High Quality Food Served Fast & Casually
We're supporting the next generation of independent, fast-casual restaurants.
We Like Burgers and also Curries and Empanadas
We know the food that people want to eat, and how to position them for success.
Working Alongside Our Clients
Money works when teams do. Our ops and development teams work with our clients every step of the way.
Owners Retain Ownership
We're a team of entrepreneurs supporting the next generation of successful entrepreneurs.
Minority Woman-Owned & Operated
We work 143% harder for every dollar we earn (on average) and we tell it like it is.
Join Our Mission
Let's grow and build the restaurant industry together.