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Johnny Rockets to Open in Israel with 10-Store Development Deal

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FAT Brands Inc. has announced a new development deal to expand its Johnny Rockets franchise into Israel, with plans for 10 new locations over the next 10 years. This partnership with F and J Master License LTD. aims to meet the growing demand for American cuisine in the region. The new restaurants will offer a selection of classic American menu items, including burgers and shakes. With over 325 locations globally, Johnny Rockets continues to build its international presence, particularly in the Middle East, where FAT Brands has seen strong performance.

Positive
  • Expansion of Johnny Rockets into Israel with 10 new franchised locations.
  • Partnership with F and J Master License LTD. provides access to a strong real estate portfolio.
  • Increasing demand for American cuisine in Israel supports growth potential.
  • FAT Brands has a history of successful international expansion.
Negative
  • None.

All-American Burger Brand Continues Rapid Middle East Expansion

LOS ANGELES, March 30, 2022 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Johnny Rockets and 16 other restaurant concepts, announces a new development deal to expand into Israel with 10 new franchised locations. Franchisee F and J Master License LTD. is leading the deal to bring Johnny Rockets to the country with the restaurants set to open over the next 10 years.

“The demand for all-American fare continues to grow in Israel,” said Taylor Wiederhorn, Chief Development Officer of FAT Brands. “We saw great opportunity in partnering with F and J Master License LTD. and their real estate portfolio to capitalize on this by bringing one of the most iconic American burger brands to the country, Johnny Rockets. On an international level, we continue to invest in the Middle East market, which enjoys strong performance in the region across the FAT Brands portfolio.”

“Johnny Rockets is the definition of classic American food,” said Farid Abu Zariyeh of F and J Master License LTD. “When you walk into a restaurant, the experience begins. From the 1950s diner feel to the delicious food, we can’t wait to open our first location in the country so locals can see why the chain has developed such a strong following over the years.”

The first Johnny Rockets restaurant opened on June 6, 1986 on the iconic Melrose Avenue in Los Angeles. Since that time, the chain’s timeless brand has connected with customers across the U.S. and in 25 other countries around the globe.

The Johnny Rockets team’s passion for delivering fresh, classic American fare is only equaled by their commitment to providing a superb guest experience. The new Israel locations will serve up cooked-to-order burgers and indulgent, hand-spun real ice cream shakes. The menu also includes veggie burgers, chicken and other sandwiches, crispy fries and onion rings, salads and kids meals.

For more information on Johnny Rockets, visit www.johnnyrockets.com.

For more information on FAT Brands, visit www.fatbrands.com.

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About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, quick-service, 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, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 2,300 units worldwide. For more information on FAT Brands, please visit www.fatbrands.com.

About Johnny Rockets

Founded in 1986 on Melrose Avenue in Los Angeles, Johnny Rockets is an iconic, world-renowned, hamburger restaurant franchise that offers high-quality, innovative menu items including Certified Angus Beef® cooked-to-order hamburgers, veggie burgers, chicken sandwiches, crispy fries, and rich, delicious hand-spun shakes and malts. With over 325 locations in over 25 countries around the globe, this dynamic, lifestyle, the brand offers friendly service in an upbeat atmosphere of relaxed, casual fun. For more information, visit www.johnnyrockets.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. 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


FAQ

What are FAT's plans for expansion in Israel?

FAT Brands plans to open 10 new Johnny Rockets locations in Israel over the next 10 years.

Who is the franchisee for the new Johnny Rockets locations in Israel?

The franchisee for the new locations is F and J Master License LTD.

How many countries do Johnny Rockets operate in?

Johnny Rockets operates in over 25 countries worldwide.

What is the stock symbol for FAT Brands?

FAT Brands is traded under the stock symbol FAT.

What type of cuisine does Johnny Rockets offer?

Johnny Rockets offers classic American fare including burgers, shakes, and fries.

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