Sizzling Platter

What Sizzling Platter does

Sizzling Platter is a privately held multi-brand restaurant franchise operator founded in 1963 and headquartered in Murray, Utah. The company acquires and operates exclusive franchise development rights for eight quick-service and casual-dining brands — Little Caesars (pizza), Dunkin' (coffee and donuts), Wingstop (chicken wings), Jersey Mike's (subs), Cinnabon (cinnamon rolls), Jamba (smoothies, juices, and bowls), Red Robin (gourmet burgers), and the original Sizzler (steak and seafood) — running more than 750 stores across the United States and Mexico. Its largest holdings are the Little Caesars system in the US (over 7,000 team members across hundreds of stores) and Little Caesars MX (over 100 locations and approximately 2,000 team members across CDMX, Estado de México, and Jalisco); together with substantial Wingstop and Jamba operations the company operates at a scale consistent with over 10,000 employees.

The company operates a holding-style franchise management platform: there is no proprietary technology product, API, or software offering; rather, Sizzling Platter runs the physical restaurants under licenses granted by the brand owners, supported by a unified corporate infrastructure for district management, training, and cross-brand operations (illustrated by multi-decade internal career pipelines that move team members from entry-level roles into brand president and VP positions). A wholly owned Mexican subsidiary, Sizzling Platter de México, S.A. de C.V., housed in Mexico City, runs the international Little Caesars business.

Sizzling Platter's revenue is generated entirely from the operation of franchised restaurants across its brand portfolio; per-store pricing is set locally within each franchise system, and the company earns from restaurant-level sales. The company is owned by Bain Capital, which acquired it from CapitalSpring in November 2025 — a transaction described as CapitalSpring's largest exit in its 20-year history, following CapitalSpring's ownership period during which the platform expanded materially across brands and geographies.

Name

Sizzling Platter

Legal name

Sizzling Platter de México, S.A. de C.V.

Website

http://sizzlingplatter.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Sizzling Platter is a privately held multi-brand restaurant franchise operator founded in 1963 and headquartered in Murray, Utah. It runs more than 750 quick-service and casual-dining locations across the United States and Mexico under eight brands, including Little Caesars, Dunkin', Wingstop, Jersey Mike's, Cinnabon, Jamba, Red Robin, and Sizzler, serving individual consumers and currently owned by Bain Capital following its 2025 acquisition from CapitalSpring.

Ownership category

akta.pro rank

Headquarters

HQ city

Murray

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Franchise Operations: Sizzling Platter generates revenue by operating franchised quick-service restaurants across multiple major brands including Little Caesars, Dunkin', Wingstop, Jersey Mike's, Cinnabon, Red Robin, Sizzler, and Jamba. Revenue comes from restaurant sales across hundreds of locations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sizzling Platter operates and manages franchised quick-service and casual dining restaurants for eight major brands across the US and Mexico. The company runs hundreds of physical restaurant locations under brands including Little Caesars (pizza), Jamba (smoothies/juice), Wingstop (wings), Dunkin' (coffee and donuts), Jersey Mike's (subs), Cinnabon (cinnamon rolls), Red Robin (gourmet burgers), and the original Sizzler (steak and seafood). The platform supports dine-in, takeout, delivery, and catering services across 14+ US states and Mexico.

Product overview

Sizzling Platter is a restaurant franchise management company and franchise growth platform that operates a portfolio of 8 food and beverage brands. The company operates as a multi-brand franchisee rather than a unified tech product, managing individual restaurant brands including Little Caesars (pizza), Jamba (smoothies/juice), Wingstop (chicken wings), Dunkin' (coffee/donuts), Jersey Mike's (subs), Cinnabon (cinnamon rolls), Red Robin (gourmet burgers), and its original brand Sizzler (steak/salad). The company operates over 750 stores across the United States and Mexico, functioning as the world's premier franchise growth platform for these restaurant brands.

Differentiator

Problem solved

Functional benefit

Brands

• Little Caesars: Pizza franchise with hundreds of stores across the US and Mexico, known for Hot & Ready Large Pepperoni Pizza and 'Best Value in America' designation
• Dunkin'
• Wingstop
• Jamba
• Cinnabon
• Jersey Mike's
• Red Robin
• Sizzler

Products and services

• Little Caesars (US Operations) Pizza franchise brand offering Hot & Ready pizzas and other pizza products. Operated by Sizzling Platter with hundreds of stores across the US and over 7,000 team members.
• Little Caesars MX Little Caesars franchise operations in Mexico, serving premium pizzas across over 100 locations in Mexico.
• Jamba Smoothie, juice, and bowl franchise brand. Sizzling Platter operates nearly 200 stores in California and Washington serving smoothies and healthy food options.
• Wingstop Wing franchise brand offering chicken wings with various flavors. Operated across multiple US states including California, Utah, Colorado, Maryland, Virginia, Ohio, Kentucky, North Carolina, South Carolina, and Georgia with over 2,500 team members.
• Dunkin' Coffee and donut franchise brand serving coffee and fresh donuts. Operates almost 3 dozen stores in Texas and Colorado with almost 1,000 team members.
• Jersey Mike's Submarine sandwich franchise brand operating in Texas with over 500 team members, known for its red wine vinegar and olive oil blend subs.
• Cinnabon Cinnamon roll bakery franchise brand, maker of the world's most famous cinnamon rolls. Operates over 2 dozen stores in California with almost 50 team members.
• Red Robin Gourmet burger franchise brand with 32 gourmet burgers. Operates almost a half dozen stores in Utah.
• Sizzler Original Sizzling Platter brand originating in 1963 as a steak and salad restaurant. The first store that started the company, now operating over half a dozen stores in Utah and Idaho with almost 500 team members.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Garfield Restaurant Group: Multi-brand franchise operator of QSR concepts including Taco Bell, KFC, and Pizza Hut. Comparable as a multi-brand franchise platform with similar unit economics exposure.
• GPS Hospitality: Multi-brand franchise operator of Burger King, Popeyes, and Pizza Hut locations across the Eastern US. Comparable as a multi-brand franchise platform with similar operating model and QSR focus.
• Sun Holdings: Large multi-brand franchisee operating Arby's, Burger King, Cici's Pizza, Denny's, Golden Corral, Papa John's, Popeyes, and Sonic. Direct comparable in multi-brand QSR franchise operations with similar geographic expansion strategy.
• Flynn Restaurant Group: One of the largest multi-brand franchise operators in the US, operating Taco Bell, Pizza Hut, Wendy's, Applebee's, Arby's, and Panera locations. Most directly comparable peer in scale, multi-brand franchise model, and PE-backed growth strategy.
• Carrols Restaurant Group: Largest Burger King franchisee in the US (acquired by Restaurant Brands International in 2024). Comparable as a large single-brand-focused franchise operator; relevant precedent for PE/franchisor consolidation of large franchisees.
• Summit Restaurant Group: Multi-brand franchisee operating Pizza Hut, Wingstop, and other QSR concepts in the Western US. Comparable as a mid-sized multi-brand franchise operator sharing the Wingstop brand relationship.
• Yadav Enterprises: Multi-brand restaurant franchise operator running Little Caesars, Wingstop, Jersey Mike's, Dunkin', and Pizza Hut locations. Direct comparable as a portfolio operator sharing several of the same brands (Little Caesars, Wingstop, Jersey Mike's, Dunkin').
• Manna Inc. Large multi-brand franchise operator of Wendy's, Pizza Hut, and Wingstop locations. Comparable as a multi-brand franchise platform with similar QSR portfolio mix.

Broad incumbents

• Inspire Brands: Multi-brand restaurant company (Roark Capital-owned) operating Arby's, Buffalo Wild Wings, Sonic, Dunkin', Baskin-Robbins, and Jimmy John's. Comparable as a multi-brand QSR platform; relevant as the franchisor of one of Sizzling Platter's brands (Dunkin').
• Roark Capital Group: PE firm specializing in multi-brand restaurant franchise platforms (Inspire Brands, Focus Brands, Driven Brands). Closely comparable as a capital partner behind multi-brand restaurant roll-ups, with far larger AUM and broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sizzling-platter-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries9 records

Funding overview

Funding rounds1 record

Investors1 record

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 Sizzling Platter