This is accurate in my opinion. Emerging Franchises is a franchising consulting firm from what I can tell.
Just FYI there are quite a number of profitable consulting firms in the world. I can think of a few industry giants in the accounting space. Bain, Deloitte, KPMG. A few in other spaces. Accenture, ZS Associates, even IBM. Not to mention DoD consulting giants like Booz Allen and Bechtel.
I can't really think of any household names for consulting firms in the restaurant industry. So maybe these guys have found a niche. I'm just saying profits can definitely be found in consulting firms.