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Is First Watch open all day?
What are First Watch’s hours of operation? First Watch serves delicious, made-to-order Breakfast, Brunch and Lunch from 7 a.m. to 2:30 p.m. daily. We are closed on Thanksgiving and Christmas Day.
Who is First Watch owned by?
There are more than 430 First Watch restaurants in 28 states, and the restaurant concept is majority owned by Advent International, one of the world’s largest private-equity firms.
Why is First Watch called First Watch?
It was named First Watch, which is a nautical term for first shift of the day, translated to dining out at breakfast. In fact, there are now 310 First Watch restaurants, including 256 company-owned and 54 franchised. The chain also owns 54 outlets of two other brands, The Egg & I and Sun & Fork, totaling 364 locations.
Is First Watch profitable?
Overall, First Watch is not a profitable business, with a net loss of $49.6 million in 2020. First Watch also saw a revenue decrease of 21% in 2020 with revenues of $337 million. Franchise Revenues also saw a decline of nearly 30% in 2020 to $4.95 million compared to $7 million the year prior.