FAT Brands
TypePublic
Nasdaq: FAT
IndustryRestaurants
Founded2017 (2017)
Headquarters
Beverly Hills, California
,
United States
Key people
Andy Wiederhorn (CEO and President)
Ken Kuick (CFO)
RevenueIncrease US$407.2 million (2022)[1]
Decrease US$−17.9 million (2022)[2]
Decrease US$−126.1 million (2022)[3]
Total assetsDecrease US$1.21 billion (2022)[4]
Total equityIncrease US$15.3 billion (2022)[5]
Number of employees
5,400 (December 2022)[6]
SubsidiariesFatburger
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
Websitewww.fatbrands.com

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:

References

  1. ↑ "FAT Brands 2022 Annual Report" (PDF).
  2. ↑ "FAT Brands 2022 Annual Report" (PDF).
  3. ↑ "FAT Brands 2022 Annual Report" (PDF).
  4. ↑ "FAT Brands 2022 Annual Report" (PDF).
  5. ↑ "FAT Brands 2022 Annual Report" (PDF).
  6. ↑ "FAT Brands 2022 Annual Report" (PDF).
  7. ↑ "Burger merger: Fatburger owner is buying Johnny Rockets for $25 million". CNN. August 13, 2020. Retrieved August 13, 2020.
  8. ↑ "FAT Brands Completes Acquisition of Global Franchise Group".
  9. ↑ "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.
  10. ↑ "FAT Brands Inc. Completes $300 Million Acquisition of Twin Peaks Restaurant Chain". GlobeNewswire News Room. 1 October 2021. Retrieved 3 October 2021.
  11. ↑ "FAT Brands to acquire franchised chain Nestlé Toll House Café by Chip". Verdict Food Service. 2022-05-26. Retrieved 2022-05-26.
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