Back to search
🟢 NOT PRIVATE EQUITY OWNED
Culver's
fast food · Prairie du Sac, WI
“Family-owned. Cheese curds are sacred.”
Why It's Different
- •Founded in 1984 by Craig and Lea Culver in Sauk City, Wisconsin; Craig still serves as board chairman
- •Sold a minority stake to Roark Capital in 2017, but the Culver family retains majority ownership and operational control
- •1,000+ locations across 26 states with an average unit volume of $3.79 million; uses an owner-operator model where franchisees must work in their own restaurants
- •Mentorship program turns long-tenured general managers into franchise owner-operators — organic growth, not PE-style rapid expansion