First Watch Restaurant Group Inc
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
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Item 2. Properties
We lease all our company-owned restaurant facilities. As of December 31, 2023, we had 425 company-owned restaurants and 99 franchise-owned restaurants located in 29 states, including a large presence in Florida, Texas, Ohio and Arizona. As of December 31, 2023, company-owned and franchise-owned restaurants by jurisdiction were:
| State | Company-owned | Franchise-owned | Total |
|---|---|---|---|
| Alabama | 5 | — | 5 |
| Arizona | 31 | — | 31 |
| Arkansas | — | 3 | 3 |
| Colorado | 19 | — | 19 |
| Delaware | 4 | — | 4 |
| Florida | 123 | — | 123 |
| Georgia | 23 | — | 23 |
| Illinois | 7 | — | 7 |
| Indiana | 6 | 1 | 7 |
| Kansas | 10 | — | 10 |
| Kentucky | 2 | 14 | 16 |
| Louisiana | — | 1 | 1 |
| Maryland | 11 | — | 11 |
| Michigan | 11 | — | 11 |
| Mississippi | — | 1 | 1 |
| Missouri | 17 | 7 | 24 |
| Nebraska | 6 | — | 6 |
| New Jersey | 5 | — | 5 |
| North Carolina | 3 | 33 | 36 |
| Ohio | 40 | — | 40 |
| Oklahoma | — | 1 | 1 |
| Pennsylvania | 19 | — | 19 |
| South Carolina | 4 | 3 | 7 |
| Tennessee | 12 | 8 | 20 |
| Texas | 42 | 21 | 63 |
| Utah | — | 1 | 1 |
| Virginia | 20 | 4 | 24 |
| West Virginia | — | 1 | 1 |
| Wisconsin | 5 | — | 5 |
| TOTAL | 425 | 99 | 524 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.