Fazoli’s to Break Breadsticks in Utah with Five Unit Development Deal
FAT Brands Inc., parent company of Fazoli's and 17 other restaurant concepts, has announced a new development agreement with franchisee Valor Acquisitions Group, to bring five Fazoli's locations to Utah over the next five years. The first unit is expected to open in Saratoga Springs in 2025, marking the brand's return to the state.
Taylor Wiederhorn, Chief Development Officer of FAT Brands, emphasized the company's commitment to strategically growing the Fazoli's brand since its acquisition in 2021, particularly in areas with loyal followings. The expansion will focus on Salt Lake and Utah Counties.
Fazoli's, founded in 1988, is known for its fast, fresh, and friendly Italian food, offering unlimited signature breadsticks and freshly prepared pasta entrees at affordable prices. The chain currently franchises and owns over 200 restaurants across 26 states, making it the largest QSR Italian chain in America.
FAT Brands Inc., la società madre di Fazoli's e altri 17 concetti di ristorante, ha annunciato un nuovo accordo di sviluppo con il franchisee Valor Acquisitions Group, per portare cinque ristoranti Fazoli's in Utah nei prossimi cinque anni. La prima unità dovrebbe aprire a Saratoga Springs nel 2025, segnando il ritorno del marchio nello stato.
Taylor Wiederhorn, Chief Development Officer di FAT Brands, ha sottolineato l'impegno dell'azienda a far crescere strategicamente il marchio Fazoli's sin dal suo acquisto nel 2021, in particolare in aree con follower fedeli. L'espansione si concentrerà sulle contee di Salt Lake e Utah.
Fazoli's, fondata nel 1988, è conosciuta per il suo cibo italiano veloce, fresco e accogliente, offrendo pane all'aglio illimitato e piatti di pasta preparati al momento a prezzi accessibili. La catena attualmente possiede e franchesizza oltre 200 ristoranti in 26 stati, rendendola la più grande catena italiana di ristorazione rapida in America.
FAT Brands Inc., la empresa matriz de Fazoli's y otros 17 conceptos de restaurantes, ha anunciado un nuevo acuerdo de desarrollo con el franquiciado Valor Acquisitions Group, para llevar cinco locales de Fazoli's a Utah en los próximos cinco años. Se espera que la primera unidad abra en Saratoga Springs en 2025, marcando el regreso de la marca al estado.
Taylor Wiederhorn, Director de Desarrollo de FAT Brands, destacó el compromiso de la empresa de hacer crecer estratégicamente la marca Fazoli's desde su adquisición en 2021, especialmente en áreas con seguidores leales. La expansión se centrará en los condados de Salt Lake y Utah.
Fazoli's, fundada en 1988, es conocida por su comida italiana rápida, fresca y amigable, ofreciendo pan de ajo ilimitado y platos de pasta preparados al momento a precios asequibles. La cadena actualmente posee y franquicia más de 200 restaurantes en 26 estados, lo que la convierte en la cadena de comida italiana rápida más grande de América.
FAT Brands Inc., Fazoli's와 17개의 다른 레스토랑 개념의 모기업이 프랜차이즈 Valor Acquisitions Group과의 새로운 개발 계약을 발표하며, 향후 5년 간 유타주에 Fazoli's 5곳을 열 계획이라고 밝혔습니다. 첫 번째 매장은 2025년 사라토가 스프링스에서 오픈할 예정이며, 주에 브랜드가 돌아오는 것을 의미합니다.
FAT Brands의 최고 개발 책임자 테일러 위더혼은 2021년 인수 이후 Fazoli's 브랜드의 전략적 성장에 대한 회사의 의지를 강조하며, 특히 충성도 높은 고객이 있는 지역에 주목했습니다. 이번 확장은 솔트레이크 및 유타 카운티에 초점을 맞출 것입니다.
1988년에 설립된 Fazoli's는 빠르고 신선하며 친절한 이탈리안 음식으로 유명하며, 무한 제공되는 시그니처 브레드스틱과 신선하게 준비된 파스타 요리를 저렴한 가격에 제공합니다. 현재 이 체인은 26개 주에서 200개 이상의 레스토랑을 소유 및 프랜차이즈 운영하고 있어 미국에서 가장 큰 이탈리안 패스트푸드 체인으로 자리잡고 있습니다.
FAT Brands Inc., la société mère de Fazoli's et de 17 autres concepts de restaurants, a annoncé un nouvel accord de développement avec le franchisé Valor Acquisitions Group pour ouvrir cinq restaurants Fazoli's dans l'Utah au cours des cinq prochaines années. La première unité devrait ouvrir à Saratoga Springs en 2025, marquant le retour de la marque dans l'État.
Taylor Wiederhorn, Directeur du Développement de FAT Brands, a souligné l’engagement de l’entreprise à développer stratégiquement la marque Fazoli's depuis son acquisition en 2021, en particulier dans des zones avec des fidèles partisans. L’expansion se concentrera sur les comtés de Salt Lake et Utah.
Fazoli's, fondée en 1988, est connue pour sa cuisine italienne rapide, fraîche et amicale, offrant des breadsticks signature illimités et des plats de pâtes préparés sur place à des prix abordables. La chaîne possède et franchise actuellement plus de 200 restaurants dans 26 États, ce qui en fait la plus grande chaîne de restauration italienne rapide en Amérique.
FAT Brands Inc., die Muttergesellschaft von Fazoli's und 17 anderen Restaurantkonzepten, hat eine neue Entwicklungsvereinbarung mit dem Franchisenehmer Valor Acquisitions Group bekannt gegeben, um fünf Fazoli's Standorte in Utah in den nächsten fünf Jahren zu eröffnen. Die erste Einheit soll 2025 in Saratoga Springs eröffnet werden, was die Rückkehr der Marke in den Bundesstaat markiert.
Taylor Wiederhorn, Chief Development Officer von FAT Brands, betonte das Engagement des Unternehmens, die Marke Fazoli's seit der Übernahme im Jahr 2021 strategisch zu erweitern, insbesondere in Gebieten mit treuen Anhängern. Die Expansion wird sich auf die Countys Salt Lake und Utah konzentrieren.
Fazoli's, gegründet 1988, ist bekannt für sein schnelles, frisches und freundliches italienisches Essen, das unbegrenzte, charakteristische Brotstangen und frisch zubereitete Pasta-Gerichte zu erschwinglichen Preisen anbietet. Die Kette besitzt und franchisiert derzeit über 200 Restaurants in 26 Bundesstaaten und ist damit die größte italienische Schnellrestaurantkette in Amerika.
- Expansion into Utah with 5 new Fazoli's locations over 5 years
- Strategic growth in areas with existing loyal customer base
- Fazoli's is the largest QSR Italian chain in America with over 200 restaurants
- None.
Fast and Fresh Italian Chain to Make Highly Anticipated Return to State with First Opening in Saratoga Springs
LOS ANGELES, Oct. 09, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. parent company of Fazoli’s, and 17 other restaurant concepts, announces a new development agreement in partnership with franchisee Valor Acquisitions Group, LLC to bring five Fazoli’s locations to Utah over the next five years, with the first unit expected to open in 2025 in Saratoga Springs.
“Since acquiring Fazoli’s in 2021, we have been committed to growing the brand strategically, in particular, fueling its return to areas with loyal followings such as Utah,” said Taylor Wiederhorn, Chief Development Officer of FAT Brands. “We look forward to bringing back our beloved breadsticks to the state with our first opening in Saratoga Springs and future openings slated throughout Salt Lake and Utah Counties.”
Since 1988, Fazoli's has been committed to serving quality Italian food, fast, fresh, and friendly. From unlimited signature breadsticks to freshly prepared pasta entrees, the chain prides itself on serving high-quality menu offerings, all at an affordable 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 18 restaurant brands: 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, 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.
Fast. Fresh. Italian. Founded in 1988 in Lexington, Ky., Fazoli's franchises and owns over 200 restaurants in 26 states, making it the largest QSR Italian chain in America. Fazoli’s prides itself on serving quality Italian food, fast, fresh and friendly. Menu offerings include freshly prepared pasta entrees, sub sandwiches, salads, pizza and desserts – along with its unlimited signature breadsticks. For more information, visit www.Fazolis.com.
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 and area development agreements. Forward-looking statements reflect expectations of FAT Brands Inc. (“we” or “our”) concerning the future and are subject to significant business, economic and competitive risks, uncertainties and contingencies. 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
FAQ
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