First Watch acquires six franchise restaurants in Florida; total 23 in 2023

First Watch Restaurant Group, Inc.

Acquired six franchise-owned restaurants in Florida, effective Nov 13, 2023; funded with cash on hand.
CEO Chris Tomasso notes this brings total acquired franchise restaurants in 2023 to 23.
Restaurants located in Florida Panhandle, from Destin to Tallahassee, operated by franchise partners for over a decade.
Acquisition part of long-term growth strategy to convert franchise locations to company-owned.

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