New York-based restaurant chain Sweet Chick received funding from Founders Table Restaurant Group.
The $5 million investment will help expand the chain’s national presence and transition the restaurant to a fast casual model. Nick Marsh, CEO of Founders Table, will also join Sweet Chick’s board of directors.
“We are extremely excited to be partnering with Founders Table on taking Sweet Chick to the next level,” said John Seymour, CEO and co-founder of Sweet Chick in a press release May 19. “With this partnership and backing, we look to open more locations to serve our delicious food, build our team and spread even more love the Sweet Chick way!”
Sweet Chick was founded nine years ago in New York City and has locations in five New York neighborhoods and Los Angeles. The gourmet chicken and waffle restaurant temporarily pivoted to fast casual during quarantine, but Seymour decided to make the transition permanent after the chain’s success.
“Sweet Chick has the two ingredients that embody the spirit of Founders Table - innovative food, with the best chicken and waffles on the planet, and a unique founder vision driven by John’s creativity,” Marsh said. “We are excited to be a part of their growth.”
Founders Table acquires and invests in unique restaurants with innovative founders, according to the company profile. The group owns the restaurant chains Chopt Creative Salad Company – with 70 locations, Dos Toros Taqueria – with 21 locations – and Field Trip – with two locations.
