Fat Models Inc., which owns Johnny Rockets, Fatburger, Spherical Table Pizza, Twin Peaks, Fazoli’s and 12 other concepts, opened 142 merchants in 2022 and included a overall of 362 outlets to its progress pipeline, which spans 29 states and 17 nations.
“We are extremely very pleased of our organic development and the efficiency of our team in 2022,” Taylor Wiederhorn, chief advancement officer of Fats Brands, claimed in a firm press launch. “Franchisee curiosity was at an all-time substantial from both new and current franchisees, which speaks volumes to our strong portfolio of brand names that carry on to supply solid very same-keep gross sales and draw in new lovers all around the world. This yr, we will remain targeted on converting our above 1,000-unit pipeline into new stores, close to 175 of which are set to open in 2023, together with continuing to gas our lengthy-phrase growth with extra progress promotions.”
Leading the way in growth among Fats Brands’ concepts was Fatburger and Buffalo’s Convey with 86 stores, Fazoli’s with 61, Spherical Table Pizza with 56 and Twin Peaks with 50. Noteworthy franchise discounts incorporated a put together 80-retail store progress arrangement for 40 Fatburger and Buffalo’s Convey places and 40 Round Table Pizza dining establishments in the point out of Texas, a 32-retailer arrangement for Twin Peaks in Mexico, and a 10-retail outlet agreement for Johnny Rockets in Israel.
Other strategic offers bundled 10 Marble Slab Creamery places in Egypt and a 9-keep advancement deal for Fazoli’s in Phoenix. Openings will carry Fatburger to Florida, Puerto Rico and Atlanta. Fazoli’s will land in Louisiana and Dallas, and Twin Peaks will improve its existence in Chicago.