FTR Hospitality

What FTR Hospitality does

FTR Hospitality, doing business as The Restaurant Assistants, is a privately held U.S. professional services firm headquartered in St. Petersburg that delivers outsourced back-office support to multi-unit restaurant groups. Its offering is organized into three integrated service modules: Financial Services (bookkeeping, financial reporting, and financial management), Technology Services (technology implementation and support), and Restaurant 365, a comprehensive restaurant management platform intended to optimize back-office operations, reduce operational chaos, and support scalable growth across fast-casual, full-service, and franchise concepts.

The company positions itself as a long-term operating partner rather than a transactional vendor, leveraging the Restaurant365 platform as its core technology layer to embed within clients' financial and operational stacks. Revenue is generated through subscription-based outsourced service engagements, with pricing handled on a quote basis tailored to each restaurant group's scope rather than via publicly listed rates. Go-to-market is sales-led B2B, using direct outreach and a website-driven inquiry funnel, with the company claiming it is trusted by hundreds of restaurants nationwide.

The firm operates domestically in the United States, reports 101-250 employees, and has no institutional investors, parent company, or public listing disclosed in the source material. A Preferred Hotels & Resorts alliance partnership dated March 2026 references access to a 625-property international portfolio, though this partnership appears, on its face, to involve FLYR Hospitality rather than the restaurant-focused services described elsewhere in the data set.

Name

FTR Hospitality

Legal name

The Restaurant Assistants

Website

https://ftrhospitality.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

101–250 employees

Short description

FTR Hospitality (The Restaurant Assistants) provides outsourced accounting, technology implementation, and Restaurant365 management services to multi-unit restaurant groups across the United States via subscription-based B2B partnerships.

Ownership category

akta.pro rank

Product category

Restaurant Back-Office Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Facilities Support Management Services (8744), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Contract Foodservice Management (Outsourced Catering) (THAFAIAH)

Keywords

• Restaurant back office services
• Outsourced restaurant accounting
• Restaurant technology implementation
• Multi-unit restaurant support
• Hospitality financial services

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Outsourced Restaurant Support Services: The company generates revenue through ongoing outsourcing partnerships with restaurant groups, providing back-office accounting, technology services, and Restaurant365 platform access as integrated service offerings.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

FTR Hospitality provides outsourced back-office support services for multi-unit restaurant groups, combining outsourced accounting and bookkeeping, technology implementation and support, and access to a restaurant management platform (Restaurant 365). These integrated services help fast-casual, full-service, and franchise operators streamline operations, implement scalable systems, and focus on guest experience and growth.

Product overview

The Restaurant Assistants delivers a unified suite of outsourced support services for restaurant operations, combining three integrated service modules: Financial Services (outsourced accounting and bookkeeping), Technology Services (tech implementation and support), and Restaurant 365 (comprehensive restaurant management platform). These services work together to help restaurant groups optimize back office operations, empower managers, implement scalable systems, and focus on delivering guest experiences while driving sustainable growth across fast-casual, full-service, and franchise concepts.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Services Outsourced accounting services for restaurant back-office operations, including bookkeeping, financial reporting, and financial management designed to help restaurants operate smarter and scale faster.
• Technology Services Outsourced technology support and implementation services that help restaurant operators build and maintain technology systems, empowering managers with scalable technical infrastructure.
• Restaurant 365 A comprehensive restaurant management service platform offering designed to optimize back-office operations, reduce chaos, improve execution, and support sustainable growth for restaurant groups.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Preferred Hotels & ResortscoreGTM or Marketing Partner · 12 March 2026FLYR Hospitality was named the exclusively recommended provider of revenue management and business intelligence solutions for member properties of Preferred Hotels & Resorts through the Preferred brand's Alliance Partner Program. This partnership grants FLYR access to Preferred's portfolio of more than 625 luxury hotels, resorts, and residences across more than 80 countries. The platform aims to help member properties unify commercial data, improve forecasting accuracy, optimize pricing strategies, and drive revenue per available room.

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Direct peers

• Restaurant365: Restaurant365 is a cloud-based restaurant management platform covering accounting, inventory, scheduling, and operations. It is directly comparable as the underlying platform FTR implements and as a direct competitor offering similar restaurant back-office functionality.
• MarginEdge: MarginEdge provides restaurant-specific inventory, food-cost, and accounting software for multi-unit operators. Directly comparable in restaurant back-office accounting and operations focus, addressing the same buyer and pain points as FTR's Financial Services module.
• Crunchtime: Crunchtime is a restaurant operations platform spanning inventory, food cost, labor, and scheduling. Comparable to FTR's integrated restaurant operations and technology services for multi-unit groups, serving the same enterprise restaurant customer.
• Synergy Suite: Synergy Suite delivers restaurant back-office software for inventory, food cost, scheduling, and compliance. Directly comparable as a vertically focused restaurant operations platform serving multi-unit operators with overlapping back-office functionality.
• 7shifts: 7shifts is a restaurant workforce management platform for employee scheduling, tip management, and team communication. Comparable in restaurant operations technology serving multi-unit operators with overlapping operational tooling.
• Otter: Otter provides restaurant operations software for delivery order management and online ordering consolidation. Comparable as a restaurant operations technology platform serving multi-unit operators with overlapping operational tooling and SaaS-style delivery model.

Broad incumbents

• Pilot: Pilot is an outsourced accounting and bookkeeping firm serving venture-backed and growth-stage businesses across industries. Comparable to FTR's outsourced financial services model but operates at larger scale across a broader (non-restaurant-specific) B2B market.
• Bench: Bench provides outsourced bookkeeping and accounting software for small businesses. Comparable in outsourced financial services and recurring-revenue delivery model, but serves a broader, non-vertical-specific market than FTR.
• Toast: Toast is a leading restaurant technology platform spanning POS, payroll, team management, and operations. Comparable as a broad-incumbent restaurant tech provider with significant scale and overlapping operational functionality that competes with FTR's integrated offering.
• Lightspeed Restaurant: Lightspeed Restaurant provides POS, payments, and operational software for restaurants and hospitality operators. Comparable as a broader-incumbent restaurant technology platform with overlapping back-office and operational functionality versus FTR's narrower outsourced services stack.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

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 FTR Hospitality