 | |
| Company type | Public |
|---|---|
| Nasdaq: FAT | |
| Industry | Restaurants |
| Founded | 2017 |
| Headquarters | , |
Key people | Andy Wiederhorn (
CEO and
President) Ken Kuick ( CFO) |
| Revenue | 
US$407.2 million (2022)
[1] |
 US$−17.9 million (2022)
[2] | |
| US$−126.1 million (2022)
[3] | |
| Total assets | US$1.21 billion (2022)
[4] |
| Total equity | US$15.3 billion (2022)
[5] |
Number of employees | 5,400 (December 2022) [6] |
| Subsidiaries |
Fatburger Marble Slab Creamery Johnny Rockets Hurricane Grill & Wings Great American Cookies Round Table Pizza Ponderosa Steakhouse Bonanza Steakhouse Buffalo's Cafe Fazoli's Hot Dog on a Stick Native Grill & Wings Twin Peaks Pretzelmaker Yalla Elevation Burger |
| Website |
www |
FAT Brands is an American multi-brand restaurant operator headquartered in Beverly Hills, California.
History
FAT Brands began as a holding company for Fatburger in 2017, gaining a chairman in Ed Rensi. On August 13, 2020, Johnny Rockets was acquired by FAT Brands for $25 million. [7]
In July 2021, FAT purchased Global Franchise Group, [8] now owning Round Table Pizza, Hot Dog on a Stick, Great American Cookies, Pretzelmaker and Marble Slab Creamery. On September 1, 2021, FAT Brands announced that it would acquire Twin Peaks, for $300 million. [9] The acquisition was completed on October 1. [10]
In May 2022, it was announced FAT Brands had acquired the franchised chain, Nestlé Toll House Café for an undisclosed sum, and plans to convert all 86 locations to Great American Cookies locations. [11]
Brands
As of May 2022, FAT Brands own the following chains:
- Buffalo's Café
- Elevation Burger
- Fatburger
- Fazoli's
- Great American Cookies
- Hot Dog on a Stick
- Hurricane Grill & Wings
- Johnny Rockets
- Marble Slab Creamery
- Native Grill & Wings
- Ponderosa and Bonanza Steakhouses
- Pretzelmaker
- Round Table Pizza
- Twin Peaks
- Yalla Mediterranean
References
- ^ "FAT Brands 2022 Annual Report" (PDF).
- ^ "FAT Brands 2022 Annual Report" (PDF).
- ^ "FAT Brands 2022 Annual Report" (PDF).
- ^ "FAT Brands 2022 Annual Report" (PDF).
- ^ "FAT Brands 2022 Annual Report" (PDF).
- ^ "FAT Brands 2022 Annual Report" (PDF).
- ^ "Burger merger: Fatburger owner is buying Johnny Rockets for $25 million". CNN. August 13, 2020. Retrieved August 13, 2020.
- ^ "FAT Brands Completes Acquisition of Global Franchise Group".
- ^ "FAT Brands Inc. Agrees to Acquire Twin Peaks Restaurant Chain for $300 Million". GlobeNewswire News Room (Press release). 1 September 2021. Retrieved 5 September 2021.
- ^ "FAT Brands Inc. Completes $300 Million Acquisition of Twin Peaks Restaurant Chain". GlobeNewswire News Room. 1 October 2021. Retrieved 3 October 2021.
- ^ "FAT Brands to acquire franchised chain Nestlé Toll House Café by Chip". Verdict Food Service. 2022-05-26. Retrieved 2022-05-26.
External links
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