Independent · Black-owned

Sylvia's Restaurant

Woods family, Harlem, since 1962

Stock value

Share price
Private — not listed
No stock value exists for a company without listed shares.
Revenue
Private — not filed

Company profile

Black ownership
Not disclosed
No ownership percentage published · Not disclosed
Active ventures
None listed

Culture profile · Food + Hospitality

Black culinary tradition anchors American food culture, while ownership remains concentrated in single units where real estate and franchising decide who builds lasting equity.

Market scale
$1.1T
National Restaurant Association 2024 · US restaurant industry sales, forecast · United States · source
Black-owned share of franchises
Under 3%
Share of all US franchise employer firms. · US Census / Third Way 2021
Firm count growth
124,004 → 194,585
Black-owned employer firms, 2017 to 2022. · Pew Research Center / Census 2017–2022
SBA financing access
Principal barrier lever
Lending access cited as the decisive constraint on Black franchise ownership. · QSR Magazine 2023
Franchisor diversity pledges
McDonald's, Wendy's, Yum!
Own Your Opportunity and Franchise Accelerator style programmes. · QSR Magazine 2021–2023