Fazoli’s Kicks Off International Growth with 25-Unit Canadian Development Deal
April 03 2024 - 10:05AM
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 Fazolis.com.
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
http://www.fatbrands.com.
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,
FAT Brandsemandzik@fatbrands.com 860-212-6509
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