- CEO
- Andrew A. Wiederhorn
- Full Time Employees
- 2,089
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- 9720 Wilshire Boulevard Beverly Hills CA United States of America 90212
- IPO Date
- Jul 14, 2020
- Business
- FAT Brands Inc. (NASDAQ: FATBP) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining restaurant concepts around the world. Founded in 2017 and headquartered in Beverly Hills, California, the company franchises and owns over 2,300 units across more than 18 brands, including 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, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, and Ponderosa and Bonanza Steakhouses; it provides franchisors with construction, purchasing, architecture and design, training, logistics, and marketing solutions while operating primarily through an asset-light model focused on quick-service items such as hand-rolled soft pretzels, premium Italian food, Certified Angus Beef hamburgers, and hand-spun shakes, alongside casual dining options like ribs and wings. The company's brands operate in multiple countries with a robust development pipeline exceeding 800 restaurants, targeting diverse markets including the United States, California, western U.S. states, shopping malls, and international locations. Recent developments include opening 18 new locations in Q2 2025 with a goal of over 100 openings for the year, signing a development deal for 40 additional Fatburger locations in Florida over the next decade, securing a bondholder agreement converting amortizing bonds to interest-only for $30-$40 million in annual cash flow savings, implementing over $5 million in G&A reductions, pursuing refinancing of securitization silos ahead of 2026 maturity, announcing a partnership with Virtual Dining Concepts in August 2025 to offer Great American Cookies for delivery from over 450 Chuck E. Cheese locations nationwide, advancing a settlement with preliminary court approval in September 2025 involving corporate governance enhancements and a $10 million insurance payment, and actively seeking acquisitions to enhance core brands or add complementary capabilities while prioritizing deleveraging.