Why It's Different

• •Founder Todd Graves owns ~90% of the company — started with a single restaurant near LSU in 1996 after every bank rejected his business plan
• •$5.1 billion in revenue in 2024 (up 34% year-over-year) with 900+ locations, nearly all company-owned — no US franchising
• •Graves' net worth reached $22 billion (Forbes #46) — entirely from a one-item menu built without venture capital or private equity
• •Has repeatedly refused to go public or sell; maintains direct control over every restaurant's operations, quality, and expansion decisions