Music + Audio$17.7B industry revenue · RIAA 2024no listed Black-owned market valueawaiting filingsBeauty + Personal Care$92.0B industry revenue · P&S Intelligence 2023no listed Black-owned market valueawaiting filingsSports + Sports Media$170B industry revenue · Two Circles 2024no listed Black-owned market valueawaiting filingsFashion + Sneakers$314B industry revenue · TechSci Research 2024no listed Black-owned market valueawaiting filingsFilm + Streaming$46.0B industry revenue · MarketLine 2024no listed Black-owned market valueawaiting filingsCreators + Influencer Marketing$250B industry revenue · Goldman Sachs Research 2023no listed Black-owned market valueawaiting filingsFood + Hospitality$1.1T industry revenue · National Restaurant Association 2024no listed Black-owned market valueawaiting filingsGaming + Esports$188B industry revenue · Newzoo 2024no listed Black-owned market valueawaiting filingsAutomotive Culture$52.6B industry revenue · SEMA 2024no listed Black-owned market valueawaiting filingsFitness + Wellness$22.4B industry revenue · Health & Fitness Association 2023no listed Black-owned market valueawaiting filings
Top Earners · The Urban Magnate™

Food + Hospitality

Culture profile

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
8% of US restaurants Black-owned (QSR, 2022)
Partnership activity
Moderate — retail and distribution led
Revenue channels
Restaurant and bar operations · Packaged goods and grocery distribution · Catering and events · Franchising and licensing
Source year
2021–2025
26companies · ranked by published financial value
CompanyOperationsTickerAmount · fiscal YTDBlack ownershipTie
Files its own numbers
Black-owned and Black-founded companies standing on their own figures. Private ones file nothing public.
Independent Coca-Cola bottler led by Troy Taylor, serving Florida
Bottling
Distribution
Sales
Coca-Cola Beverages Florida company site
private
not listed
$1.3B
2018 · reported, not filed
Black Enterprise, BE 100s
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Restaurant franchise group built by former NBA player Ulysses 'Junior' Bridgeman
Restaurant franchises
Bottling
Food service
Black Enterprise reporting on Bridgeman Foods
private
not listed
$870M
2018 · reported, not filed
Black Enterprise, BE 100s
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Founded by Warren Thompson; one of the largest Black-owned food service companies
Contract dining
Restaurant brands
Facilities services
Thompson Hospitality company site
private
not listed
$800M
2022 · reported, not filed
Black Enterprise
51%
At least 51% Black-owned — the floor for MBE certification
Thompson Hospitality MBE certification
Black-owned
Food distributor to quick-service restaurants, owned by Warren Anderson
Food distribution
Logistics
Anderson-DuBose company site
private
not listed
$703M
2018 · reported, not filed
Black Enterprise, BE 100s
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Meat and food manufacturer supplying national restaurant chains
Food manufacturing
Supply agreements
Black Enterprise BE 100s profile
private
not listed
$342M
2018 · reported, not filed
Black Enterprise, BE 100s
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Resort and hotel group founded and owned by BET co-founder Sheila Johnson
Resorts
Hotels
Spa and dining
Salamander company site
private
not listed
$213M
2018 · reported, not filed
Black Enterprise, BE 100s
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Restaurant operator co-founded by the family of Atlanta mayor Maynard Jackson
Franchised restaurants
Airport dining
Concessions
Jackmont Hospitality company site
private
not listed
$170M
2019 · reported, not filed
Black Enterprise
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Whiskey brand founded and led by Fawn Weaver; the company defaulted on its lending in 2025 and the figure below predates that
Whiskey
Distillery and visitor centre
Venture fund
Uncle Nearest company site
private
not listed
$100M
2022 · reported, not filed
The Spirits Business
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Founded by Robin McBride and Andréa McBride John; the largest Black-owned wine company in the United States
Wine labels
Retail distribution
SHE CAN fund
McBride Sisters company site
private
not listed
$5.0M
2020 · reported, not filed
theGrio, citing Wine Spectator
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Founded by Robert L. Johnson, who chairs the board; a listed hotel REIT
Hotel portfolio
Asset management
RLJ Lodging Trust filings
RLJ
not filed
not disclosed
Widely held listed REIT — its Black founder chairs it but holds no disclosed controlling stake
RLJ Lodging Trust proxy statement
Black-founded
Founded by Pinky Cole; plant-based restaurant group
Restaurants
Bar Vegan
Consumer packaged goods
Slutty Vegan company site
private
not listed
private — not filed
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Reports through a parent
Brands inside a listed group. The amount is the parent's filing — parents do not break these brands out.
McDonald's programme with its Black franchisee and community work
Change Leaders
Change of Fashion
Future 22 alumni
McDonald's programme pages
MCD
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Warren Thompson, Compass Group joint venture
Compass Group PLC · consolidated into North America
CPG.L
not filed
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Jay-Z sold majority to Moët Hennessy
LVMH · consolidated into Wines & Spirits
MC.PA
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Black-owned restaurant platform
PepsiCo · consolidated into PepsiCo Foods/Beverages
PEP
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Black franchise ownership pipeline
Yum! Brands · consolidated into KFC/Taco Bell divisions
YUM
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Black franchise growth commitment
The Wendy's Company · consolidated into US Franchise
WEN
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Stores in Black neighbourhoods, local hiring
Starbucks · consolidated into North America
SBUX
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Black-owned brand shelf space
Walmart · consolidated into Walmart US
WMT
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Black-owned food supplier onboarding
The Kroger Co. · consolidated into Retail
KR
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Black-owned distribution suppliers
Sysco · consolidated into US Foodservice
SYY
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Black-owned bottler and supplier spend
The Coca-Cola Company · consolidated into North America
KO
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Independent
Fawn Weaver; best-selling Black-owned whiskey
Independent · no listed parent
private
no listed parent
no public filing
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Independent
Pinky Cole; multi-state restaurant group
Independent · no listed parent
private
no listed parent
no public filing
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Independent
Ezell Stephens; Pacific Northwest chain
Independent · no listed parent
private
no listed parent
no public filing
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Independent
Woods family, Harlem, since 1962
Independent · no listed parent
private
no listed parent
no public filing
not disclosed
No ownership percentage published
Not disclosed
Black-owned

Figures are limited to public filings, live market data and revenue published by a named source. A Black ownership percentage is shown only where a company, a filing or a certifying body has published one; everything else reads "not disclosed" rather than being estimated. Private companies file nothing public, so they carry no amount. Prices and filings are read live from a public market feed. Listed companies link out to their market reference page; every other name opens a details window. Every figure here is in US dollars; a company trading or filing in another currency is converted at the live exchange rate and marked with an asterisk.

The Urban Magnate™ · figures are read from public filings and named public sources.