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Los
Angeles, CA – April 2024 / Newsmaker Alert: FAT
(Fresh. Authentic. Tasty.) Brands Inc. parent company of Fazoli’s,
and 17 other restaurant concepts, announces a new development agreement
in partnership with franchisee Briwin Restaurants Inc. to bring 25 Fazoli’s
locations to Canada over the next ten years with the first units expected
to open in 2025 in the province of Alberta.
“Fazoli’s
has enjoyed tremendous success expanding domestically, operating in 26
states with over 200 locations, and is now well positioned to make its
international debut,” said Taylor
Wiederhorn, Chief Development Officer of FAT Brands. “At FAT Brands,
we have a strong network of international franchisees that span across
nearly all our restaurant concepts. We’re excited to have an experienced
operator come from within our Fatburger franchise system and commit to
launching and developing an additional FAT Brands restaurant concept in
Canada. We are confident that expanding in Canada is a natural first step
for Fazoli’s in becoming a leading global chain.”
Since
1988, Fazoli’s has been committed to serving quality Italian food, fast,
fresh, and friendly. From unlimited signature breadsticks to freshly prepared
pasta entrees, the chain prides itself on serving high-quality menu offerings,
all at an affordable price. For more information on Fazoli’s, visit www.Fazolis.com.
About
FAT (Fresh. Authentic. Tasty.) Brands
FAT
Brands (NASDAQ: FAT) is a leading global franchising company that strategically
acquires, markets and develops fast casual, casual and polished casual
dining restaurant concepts around the world. The Company currently owns
18 restaurant brands: Round Table Pizza®, Fatburger, Marble Slab Creamery,
Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones,
Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill &
Wings, Native Grill & Wings, Pretzelmaker, Elevation Burger, Yalla
Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and
owns over 2,300 units worldwide. For more information on FAT Brands, please
visit www.FATBrands.com.
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About
Fazoli’s: Fast. Fresh. Italian.
Fast.
Fresh. Italian. Founded in 1988 in Lexington, Ky., Fazoli’s owns and operates
nearly 220 restaurants in 27 states, making it the largest QSR Italian
chain in America. Fazoli’s prides itself on serving quality Italian food,
fast, fresh and friendly. Menu offerings include freshly prepared pasta
entrees, sub sandwiches, salads, pizza and desserts – along with its unlimited
signature breadsticks. For more information, visit www.Fazolis.com.
Forward
Looking Statements
This
press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including statements
relating to the timing and performance of new store openings and area development
agreements. Forward-looking statements reflect expectations of FAT Brands
Inc. (“we” or “our”) concerning the future and are subject to significant
business, economic and competitive risks, uncertainties and contingencies.
These factors are difficult to predict and beyond our control, and could
cause our actual results to differ materially from those expressed or implied
in such forward-looking statements. We refer you to the documents that
we file from time to time with the Securities and Exchange Commission,
such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion
of these and other factors. We undertake no obligation to update any forward-looking
statement to reflect events or circumstances occurring after the date of
this press release.
Media
Contact:
Erin
Mandzik
Senior
Director of Corporate Communications
FAT
Brands
860-212-6509
LinkedIn
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