GPS - FAT Brands (FAT) Inks Deal to Expand Fazoli's Reach in Canada | Benzinga
FAT Brands Inc. (NASDAQ: FAT), the parent company of Fazoli's, enters into a new development agreement with franchisee Briwin Restaurants Inc. to open 25 Fazoli's locations in Canada over the next 10 years. The initial locations are slated to open in Alberta in 2025.
Fazoli's has been focusing on expanding domestically, with operations in 26 states and more than 200 locations. FAT Brands has a robust network of international franchisees, spanning nearly all its restaurant concepts.
The company is optimistic about the prospect of Fazoli's international debut. An experienced operator within the Fatburger franchise system will be launching and developing an additional FAT Brands restaurant concept in Canada. FAT believes that expanding in Canada is a natural first step for Fazoli's in becoming a leading global chain.
Focus on Expansion
The leading global franchising company strategically acquires, markets and develops fast casual, quick-service, casual dining and polished casual dining concepts worldwide. FAT owns 18 restaurant brands and franchises. It owns more than 2,300 ...