Private Black-owned company · Black-owned

Thompson Hospitality

Founded by Warren Thompson; one of the largest Black-owned food service companies

Stock value

Share price: Private — not listed
No stock value exists for a company without listed shares.
Revenue: $800M
Reported, not filed · Annual revenue, reported by Black Enterprise · Black Enterprise 2022 · source

Company profile

Black ownership: 51%
At least 51% Black-owned — the floor for MBE certification · Thompson Hospitality MBE certification
Active ventures: Contract dining, Restaurant brands, Facilities services
Thompson Hospitality company site

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