America’s Largest Premium QSR Italian Chain to Open Locations in Denton and Shreveport

LOS ANGELES, Dec. 08, 2022 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fazoli’s and 16 other restaurant concepts, announces two franchise development agreements to bring Fazoli’s to Denton, Texas and Shreveport, Louisiana.

The agreements will result in the long-awaited debut of the iconic Italian brand in the Dallas-Fort Worth area and the first location in Louisiana. Both the Denton, Texas location and the first of the two Shreveport, Louisiana locations are slated to open by the end of 2023. Looking ahead, Fazoli’s is on track for a record-breaking number of openings in 2023, with 15 currently in the development pipeline.

“Since integrating Fazoli’s into the FAT Brands portfolio, we have been looking for the right strategic opportunities to grow the brand,” said Taylor Wiederhorn, Chief Development Officer of FAT Brands. “Texas continues to be a market that we are focused on across the board, so we are excited to add another brand of ours in the Dallas-Fort Worth area. Similarly, another key area of emphasis is expanding with our existing franchisee base. Chris and Kristen Simmons are long-time Marble Slab Creamery operators in Louisiana who saw the value in diversifying the concepts they are operating under FAT Brands.”

Since 1988, Fazoli's has been committed to serving premium quality Italian food, fast, fresh and friendly. From their unlimited signature breadsticks to freshly prepared pasta entrees, the chain prides itself on serving high-quality menu offerings, all at a great 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 17 restaurant brands: Round Table Pizza^®, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, 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.

Founded in 1988 in Lexington, Ky., Fazoli's owns and operates nearly 220 restaurants in 27 states, making it the largest premium QSR Italian chain in America. Fazoli’s prides itself on serving premium quality Italian food, fast, fresh and friendly. Menu offerings include freshly prepared pasta entrees, Submarinos^® sandwiches, salads, pizza, and desserts – along with its unlimited signature breadsticks. Fazoli’s is a winner of FastCasual and Steritech’s 2020 Excellence in Food Safety Award and ranked number seven on FastCasual’s “Top 100 Movers and Shakers” list in 2022. Additionally, it was named to Technomic’s “Top 500 Chain Restaurant Report” in 2022, selected as one of the “Top 50 Global Fast Casual Innovators in 2021” by Foodable, a “Top 200 Franchises in 2021” by Franchise Business Review, and an Entrepreneur 2018 “Franchise 500.” Fazoli’s was a recipient of the 2021 American Business Awards Gold Stevie Awards in Food & Beverage for Company of the Year.

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. Forward-looking statements reflect expectations of FAT Brands Inc. (“we”, “our” or the “Company”) concerning the future and are subject to significant business, economic and competitive risks, uncertainties and contingencies, including but not limited to uncertainties surrounding the severity, duration and effects of the COVID-19 pandemic. 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 Brands
emandzik@fatbrands.com
860-212-6509