FoodStaff
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FoodStaff - overview
Established
1986
Location
Charleston, SC, US
Primary Industry
Outsourcing
About
FoodStaff provides specialized staffing solutions for the food service industry, focusing on temporary and permanent placements for chefs, servers, and kitchen staff, ensuring businesses can meet their staffing needs efficiently. FoodStaff, founded in 1986, is based in Charleston, US, and operates in the food service staffing sector. The company was acquired by Hospitality Staffing Solutions LLC in February 2019. The founder's details are not available, and the company has not undergone any significant business pivots or changes.
FoodStaff specializes in staffing solutions tailored specifically for the food service industry, leveraging over 30 years of experience in the field. The company's primary offerings include temporary and permanent staffing for various roles such as chefs, servers, and kitchen staff, catering to restaurants, catering companies, and other food service establishments. Their services are designed to address the challenges businesses face in maintaining adequate staffing levels during peak seasons or staffing shortages. FoodStaff operates in multiple geographical markets, primarily serving clients across the United States, including urban centers known for their vibrant culinary scenes, such as New York, Los Angeles, and Chicago.
By providing a reliable pool of skilled professionals, FoodStaff plays a crucial role in ensuring operational efficiency for its clients while enhancing the overall dining experience for end-users. FoodStaff generates revenue through a structured service model that facilitates transactions between the company and its clients, predominantly in a B2B framework. The company charges fees based on staffing contracts, which can be structured as one-time placements or ongoing service agreements, depending on the client's needs. Clients typically engage FoodStaff for both short-term staffing solutions during busy periods as well as long-term partnerships for consistent staffing needs.
Pricing plans are determined by the nature and duration of the staffing services required, ensuring flexibility and scalability for clients of varying sizes. Flagship services include specialized staffing for events and large-scale catering operations, which represent a significant portion of the company's business transactions within the food service sector. FoodStaff's future growth strategy focuses on expanding its services into new markets and geographic regions, with specific plans to enter additional urban centers known for their culinary activity by late 2022. The company aims to enhance its service offerings to include new products tailored to emerging trends in the food service industry.
The recent acquisition by Hospitality Staffing Solutions LLC will support these initiatives, providing the necessary resources for expansion and product development.
Current Investors
Hospitality Staffing Solutions LLC
Primary Industry
Outsourcing
Sub Industries
BPO Services, Hospitality Services, Food
Website
www.foodstaff.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
FoodStaff - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | FoodStaff | - |
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