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franchise developmentNewsrestaurants

FAT Brands Added 362 Stores to Development Pipeline in 2022

by Katie Lee

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., a leading global franchising company that owns a number of restaurant brands, including Johnny Rockets, Fatburger, Round Table Pizza, Twin Peaks, Fazoli’s and 12 other concepts, has experienced a historic year of growth, opening 142 new stores in 2022 and adding a total of 362 stores to its development pipeline which spans 29 states and 17 countries. Leading the way in new store development amongst FAT Brands’ concepts was Fatburger and Buffalo’s Express with 86 stores, Fazoli’s with 61, Round Table …

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franchise developmentNewsrestaurants

FAT Brands Reaches Milestone with 100th Store Opening in 2022

by Katie Lee

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., a leading global franchising company that owns restaurant brands including Johnny Rockets, Fatburger, Round Table Pizza, Twin Peaks and 13 other concepts, has opened a record-breaking 100 new franchised locations so far this year, and is poised for further growth, with approximately 25 additional stores slated to open by year end. This is the first year since the company’s inception in 2017 that it has surpassed 100 openings in a year. Following a year of strategic acquisitions in 2021, the company …

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construction and designfranchise developmentNewsrestaurants

Johnny Rockets and Hurricane Wings Debut First Co-Branded Location

by Katie Lee

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc. has opened its first co-branded Johnny Rockets and Hurricane Wings. Located in the heart of Washington, D.C., at the Holiday Inn Washington-Central/White House, the restaurant combines Johnny Rockets’ classic menu with the all-new co-branded model of sister wing brand Hurricane Grill & Wings, Hurricane Wings. “Burgers and wings pair perfectly together, which we have witnessed firsthand at FAT Brands with the co-branding of Fatburger and Buffalo’s Express,” says Jake Berchtold, COO of FAT Brands’ fast-casual division. “The demand for that co-branded …

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Newspeoplerestaurants

FAT Brands Adds 3 Executives to Senior Management Team

by Katie Lee

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Johnny Rockets and seven other restaurant concepts, has added additional depth to its senior management team with three new hires: Allen Sussman, general counsel; Ken Kuick, chief financial officer; and Rob Rosen, EVP capital markets. “FAT Brands has experienced remarkable growth in spite of the pandemic, opening new restaurants around the world, and we’re not done yet,” says Andy Wiederhorn, CEO of FAT Brands. “Bringing these three talented professionals on-board will bring additional intellectual capital and practical …

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Newsrestaurants

FAT Brands Plans to Acquire Johnny Rockets for $25 Million

by Katie Lee

Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc. has agreed to acquire the Johnny Rockets restaurant chain from an affiliate of private equity firm Sun Capital Partners, Inc. for approximately $25 million. The deal will be funded through cash on hand and proceeds generated from the company’s securitization facility. The purchase is expected to be completed in September 2020. With the acquisition of Johnny Rockets, FAT Brands will have more than 700 franchised and company-owned restaurants around the globe. Johnny Rockets was founded in 1986 with its first location …

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