Texas-headquartered Young Chefs Academy (YCA) has recently secured a significant capital investment from private equity firm ABACO, marking the beginning of a partnership that aims to accelerate the growth of the franchise-based business. Founded in 2004 by Julie Burleson, YCA focuses on teaching children and young people culinary skills and the joy of cooking. Burleson’s initial inspiration came from her young child’s interest in helping in the kitchen, leading her to create a unique business model from scratch.
The ultimate goal of YCA is to provide children with an opportunity to learn basic culinary skills and nurture their passion for food. While some of the academy’s former students have gone on to pursue professional careers in the industry, the primary focus is on imparting the life skill of cooking. Burleson emphasizes that participating in YCA programs also helps children develop teamwork skills, self-confidence, cultural awareness, and appreciation for diversity. Despite the company’s slow growth over the past two decades, YCA has positively impacted tens of thousands of students through its various courses and programs.
YCA’s business model relies on signing up franchisees across the US who can deliver the academy’s curriculum effectively. Burleson has always been selective in choosing the right franchisees who share her passion and vision for YCA. The company offers a range of experiences, including weekly courses, culinary camps, birthday parties, and adult classes. With 27 franchises currently operational and nine more scheduled to open soon, YCA is on track to surpass $10 million in annual revenues this year.
The recent investment from ABACO, led by franchise investor Michael Abdy, is expected to propel YCA’s expansion even further. While specific financial details of the deal remain undisclosed, Burleson highlights the value of having an experienced investor like Abdy onboard. As the CEO of YCA, she will continue to lead the business, while Abdy assumes the role of chairman. The partnership is forecasted to bring in 10 to 15 new franchisees annually, supported by Abdy’s operational expertise and strategic planning guidance.
With a focus on operational excellence, ABACO’s investment in YCA has already led to a rebranding effort, introducing a new logo and brand identity for the academy. This marks the first significant investment in the company’s branding since its inception. Abdy praises YCA’s consistent growth and established network of dedicated franchise partners, underscoring the academy’s exceptional concept and culture. The partnership with ABACO is expected to provide YCA with access to capital, strategic planning support, shared services, and valuable network connections.
As YCA continues to evolve under the leadership of Burleson and the guidance of ABACO, the franchise-based business is poised for significant expansion in the coming years. The partnership reflects a shared commitment to fostering culinary education and life skills among children and young people across the US. With a solid foundation built on passion, quality training, and dedicated franchise partners, YCA is well-positioned to inspire the next generation of young chefs and culinary enthusiasts.
