Restaurant Depot

What Restaurant Depot does

Restaurant Depot, operating under Jetro Holdings LLC, is a private U.S. foodservice wholesale distributor founded in 1990 and headquartered in Whitestone, NY. The company operates a cash-and-carry warehouse model across 166 locations in 35 states, stocking over 15,000 SKUs of fresh meats, seafood, dairy, produce, dry groceries, equipment, and wine and spirits for licensed resellers. Customers — primarily independent restaurant operators, caterers, bars and nightclubs, and qualifying non-profits — must apply for free membership and present valid business licenses to shop, with no minimum purchase requirement and no membership fee. The company is controlled by South African billionaire Natie Kirsh, with prior minority ownership held by Leonard Green & Partners.

Restaurant Depot generates revenue through transactional wholesale sales, reporting approximately $16 billion in annual revenue and approximately $2.1 billion in EBITDA (13% margin) for 2025. Its cost position is structurally below broadline distributors because customers self-shop warehouse inventory rather than receiving routed delivery, and the model passes through volume-driven procurement savings. The assortment includes 24+ private label brands (Superior Angus Beef, Chef's Quality, James Farm, Captain's Catch, Supremo Italiano, and others) alongside national brands. Pricing is freemium at the membership layer and pay-as-you-go at the transaction layer; in-store pricing is reported as 15-40% below traditional distributors, with online ordering and delivery priced at a premium to reflect fulfillment costs.

In October 2025, Restaurant Depot launched an Instacart-powered mobile app and website integrating online ordering, click-and-collect, and third-party delivery — its first major digital transformation. On March 30, 2026, Sysco Corporation announced a definitive agreement to acquire Jetro Holdings (Restaurant Depot) for approximately $29.1 billion ($21.6 billion in cash plus 91.5 million Sysco shares), projected to close by Q3 fiscal 2027 pending regulatory review. Restaurant Depot will continue to operate as a standalone segment within Sysco post-close. The Independent Restaurant Coalition has petitioned the FTC to block the transaction on competition grounds, introducing regulatory risk to the deal timeline.

Name

Restaurant Depot

Legal name

Jetro Holdings, LLC

Website

https://restaurantdepot.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Restaurant Depot is a private U.S. foodservice wholesaler operating 166 cash-and-carry warehouses in 35 states, supplying over 725,000 independent restaurants, caterers, bars, and non-profits with 15,000+ SKUs at no minimum purchase. Pending Sysco acquisition valued at $29.1 billion.

Ownership category

akta.pro rank

Product category

Wholesale Foodservice Distribution

NAICS

Warehouse Clubs and Supercenters (455211), Warehouse Clubs, Supercenters, and Other General Merchandise Retailers (4552)

SIC

Wholesale-Groceries, General Line (5141)

akta.pro primary industry

Cash-and-Carry / Foodservice Warehouse Clubs (Broadline) (AFAIAAAG)

akta.pro secondary industries

Business-to-Business Warehouse Clubs (Cash & Carry) (CRAEADAC), Private-Label/Own-Brand Warehouse Grocers (CRAHACAG), Membership Warehouse Clubs (General Merchandise + Grocery) (CRAHACAA)

Keywords

• Wholesale foodservice supply
• Cash and carry warehouse
• Restaurant supply distribution
• Foodservice equipment sales
• Private label groceries

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Cash-and-Carry Wholesale Sales: Restaurant Depot generates revenue through direct sales of food, equipment, and supplies to independent restaurant operators who shop at warehouse locations or order online. Customers pay per transaction with no membership fee required. The company stocks over 15,000 items including fresh meats, seafood, dairy, produce, dry groceries, and equipment.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Restaurant Depot operates a cash-and-carry wholesale warehouse model that supplies independent restaurants, caterers, bars, and non-profit food organizations with over 15,000 food, equipment, and supply items. Members self-shop at 166 warehouse locations across 35 U.S. states with free membership, no minimum purchase requirement, and everyday low prices reported 15-40% below traditional distributors. The company also offers online ordering with click-and-collect and delivery through an Instacart-powered platform, plus a portfolio of 24+ private label brands.

Product overview

Restaurant Depot operates a wholesale cash-and-carry warehouse model as its core product, serving independent restaurant operators across 167 warehouse locations in 35 U.S. states. The company offers over 15,000 food and supply items with no minimum purchase requirement and free membership. Its product portfolio is organized around: (1) the core Restaurant Depot Cash & Carry warehouse service providing in-store shopping and bulk purchasing; (2) a digital platform via an Instacart-powered mobile app and website enabling online ordering with click & collect and delivery; (3) a private label brands portfolio of 24+ brands (Big C, Chef's Quality, Sabor Nuestro, Superior Angus Beef, James Farm, etc.) offering value-priced alternatives; and (4) supplementary services including Keep It Kool cold-chain transport solutions, Wine & Spirits wholesale, Equipment & Supplies, and Jetro Export Assistance. The membership program provides ongoing access to pricing benefits and digital tools.

Differentiator

Problem solved

Functional benefit

Brands

• Big C: Private label brand available at Restaurant Depot.
• Chefs Quality
• Sabor Nuestro
• Dunphy Cork
• Superior Angus Beef
• James Farm
• Lenzs Best
• Restaurant Saver
• Restaurant King
• Black Steer
• Qualite
• Skyline
• Captains Catch
• Dragon Wealth
• Good Morning Sunrise
• Ocean Supreme
• Sir Lawrence
• Traditional
• Sunset
• Pasta Isabella
• Mama Isabellas
• Garden Valley
• Carvers Pride
• Supremo Italiano
• Isabella

Products and services

• Restaurant Depot Cash & Carry Warehouse
• Instacart-Powered Mobile App and Website (Online Ordering)
• Free Membership Program
• Private Label Brands Portfolio
• Wine & Spirits Wholesale
• Equipment & Supplies
• Jetro Export Assistance
• Price Comparison Service

Quantifiable outcome

• Independent restaurants save 30-40% on food purchases compared to traditional distributors
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

One partnership is on record.

• InstacartcoreTechnology or Integration · 21 October 2025Restaurant Depot partnered with Instacart in October 2025 to develop a foodservice supply platform. The partnership enables Restaurant Depot members to access e-commerce solutions through Instacart, including a new mobile app and website integration. The collaboration allows Restaurant Depot to enhance its digital ordering capabilities while Instacart expands into the foodservice supply sector.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Costco Wholesale: Largest membership warehouse club globally, with a Business Member tier serving small operators. Comparable warehouse-club format and bulk purchasing model, but primarily B2C with business membership as a secondary channel rather than a dedicated foodservice B2B focus.
• Sam's Club: Walmart-owned membership warehouse club offering a Business Member tier that serves small foodservice operators. Overlaps in warehouse-club format and B2B membership access, but does not specialize in foodservice supply at Restaurant Depot's scale.
• BJ's Wholesale Club: East Coast-focused membership warehouse club with a Business Member tier for small operators. Comparable membership warehouse format but B2C-led, with limited B2B foodservice specialization relative to Restaurant Depot.

Direct peers

• Shamrock Foods Company: Privately held broadline foodservice distributor serving independent restaurants, with a cash-and-carry store format comparable to Restaurant Depot. Direct peer in B2B foodservice distribution with overlapping product breadth.
• Chef's Warehouse: Specialty foodservice distributor focused on independent restaurants, offering proteins, produce, and specialty items. Comparable in target customer (independent restaurants) and product breadth, but with a specialty/premium positioning rather than broadline value.
• Performance Food Group: Large U.S. foodservice distributor (Vistar/Roma) serving restaurants and institutional foodservice operators nationwide. Directly comparable B2B customer base and product breadth, distributed via delivery logistics rather than self-shop.
• Dot Foods: Largest U.S. foodservice redistributor, supplying operators and distributors rather than end restaurants. Comparable in B2B foodservice distribution scale and broadline SKU breadth, but operates a redistribution model rather than cash-and-carry.
• Gordon Food Service: Family-owned broadline foodservice distributor serving independent restaurants across the U.S. and Canada, with both delivery and cash-and-carry store formats. Comparable in B2B foodservice focus and customer segment, with greater private-label depth.
• Sysco Corporation: Largest U.S. broadline foodservice distributor and the announced acquirer of Restaurant Depot for $29.1B. Directly comparable as a B2B foodservice distributor serving restaurants, with overlapping product breadth and customer base, but operates via delivered distribution rather than cash-and-carry.
• US Foods: Major U.S. broadline foodservice distributor serving independent restaurants, chain restaurants, and foodservice operators. Direct competitor for the same independent restaurant customer base, distributed via delivery rather than cash-and-carry.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/restaurantdepot
• Instagraminstagram.com/restaurantdepot
• Xx.com/therdstore
• LinkedInlinkedin.com/company/jetro-restaurant-depot

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Restaurant Depot