FAT Brands’ Quick-Service Division Signing Development Agreements Totaling Over 50 New Stores
April 13, 2022 // Franchising.com // LOS ANGELES - FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Round Table Pizza, Great American Cookies, Marble Slab Creamery, and 14 other restaurant concepts, announces its Quick-Service Division has signed 20 new development deals following the acquisition of Global Franchise Group in June 2021. The acquisition marked FAT Brands’ foray into both the snack and pizza categories, adding the following brands: Round Table Pizza, Great American Cookies, Marble Slab Creamery, Hot Dog on a Stick and Pretzelmaker.
“While the pandemic has certainly impacted the restaurant space, we are so fortunate to have solid same-store-sales growth,” said Jenn Johnston, President of FAT Brands’ Quick-Service Division. “In the fourth quarter of 2021, same-store-sales within the division were up 10.6% in comparison to 2019 and up 16.1% in comparison to 2020. Since joining FAT Brands, we have increased our scale, offered franchisees access to new services, and have formed new synergies at both the brand and corporate level.”
“The Quick-Service brands have been a strong addition to the FAT Brands portfolio,” said Taylor Wiederhorn, Chief Development Officer of FAT Brands. “In just nine months we have made incredible traction."
SOURCE FAT Brands
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