First Watch Restaurant Group, Inc., the leading Daytime Dining concept, announced that it has acquired six of its previously franchise-owned restaurants in Florida.

“We’re thrilled to welcome our newest teams in the Florida Panhandle to the First Watch company-owned system. These franchise partners have served the community from Destin to Tallahassee for more than a decade, and we are thankful for their dedication and help in a successful transition,” says Chris Tomasso, First Watch CEO and President. “As part of our long-term growth strategy, we’ve now welcomed 23 new restaurants this year alone into the First Watch fold that were previously owned by our franchise partners. We look forward to celebrating our newest teams and restaurants and continuing our dedication to operational excellence in the Sunshine State.”

The acquisition was funded with cash on hand.

Finance, Franchising, Growth, Industry News, NextGen Casual, First Watch