Endeavor

The food and beverage industry has always been a staple of the Miami economy due to its cultural diversity, high amount of business development, and its status as a tourist destination. From 2014- 2015, employment in restaurants and other food services grew by 4.9%, while employment in food and beverage stores grew by 2.3%. 14 Furthermore, in the state of Florida, the over 995,000 restaurant and foodservice jobs represented 14% of the state's employment, and the industry was projected to have over $40 billion in sales for 2016 15 . At Endeavor, we are seeing an increasing number of innovative entrepreneurs in this industry. Trends in the industry are shifting away from traditional restaurant styles and instead are focusing more on fast casual offerings, convenience, and clean menus that also have the option for delivery. FOOD AND BEVERAGE Pincho Factory was voted #11 on the Top 100 Fast Casual Restaurants in the nation, alongside brands like Shake Shack and Sweetgreen. ginnybakes organics launched a hospitality vertical that focuses on luxury and boutique hotel mini bars. In the 6 months since launch, they have acquired over 4,000 rooms! DeliverLean was named the 124th fastest growing company in the U.S. in the Inc. 500 2015 list and was ranked the 8th fastest growing company in the food and beverage category by Inc. Magazine in 2015. In 2016, My Ceviche unveiled its latest restaurant concept, Zuuk, a healthy fast-casual mediterranean style eatery in Brickell, as well as a location at the Miami International Airport. DeliverLean • Ginnybakes • My Ceviche • Pincho Factory Impact Report 8

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