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FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock - FATBP STOCK NEWS

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FAT Brands Inc. is a leading, global, multi-brand restaurant franchising company that strategically develops, markets, and acquires restaurant concepts worldwide. The company operates Fatburger, Buffalo’s Cafe, Buffalo's Express, and the Ponderosa & Bonanza Steakhouse concepts with over 300 locations worldwide. Their in-house support teams across various departments are dedicated to helping franchisees achieve entrepreneurial success. Through strategically aligned, complimentary restaurant concepts, franchisees have the opportunity for continued growth and brand diversification.

FAT Brands Inc. is a multi-brand restaurant franchising company that develops, markets, acquires, and manages various restaurant concepts globally. The company operates as a franchisor and generates revenue by charging franchisees fees and royalties. Brands include Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and Elevation Burger. Most revenue is generated from the United States.

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FAT Brands has opened its first Round Table Pizza location in San Antonio, Texas, marking the fourth in the state and building on the success seen in Dallas. The restaurant features a range of offerings, including handmade pizzas, salads, and wings. President Jenn Johnston emphasized the demand for quality pizza in larger metropolitan areas like San Antonio. The San Antonio location is strategically positioned at 842 NW Loop 410, Suite 110, and is open daily with varying hours. FAT Brands currently operates 17 restaurant brands and over 2,300 units worldwide.

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FAT Brands Inc. has announced a development deal to open six new co-branded Fatburger and Buffalo’s Express locations in Sacramento over the next six years. This partnership with franchisee Raj Pooni aims to strengthen the brand's presence in California’s capital, with the first store expected to launch by the end of 2023. The expansion reflects FAT Brands' growth strategy through franchisee diversification, enhancing their market footprint while offering a diverse menu of burgers and wings.

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FAT Brands has announced the opening of its first Fatburger and Buffalo’s Express location in Kinshasa, Democratic Republic of Congo. This marks an expansion in Africa, joining existing locations in Tunisia and Marrakesh. COO Jake Berchtold highlighted the growing popularity of American cuisine in Africa and sees Kinshasa as a strategic market. The new restaurant is located at 8 Port Avenue, Gombe, Kinshasa, operating daily from 11:00 a.m. to 10:00 p.m. FAT Brands owns 17 restaurant brands and operates over 2,300 units globally.

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FAT Brands announces the opening of its first co-branded Fatburger and Buffalo’s Express location in Northern Virginia, marking the third such store in the state. The restaurant offers a diverse menu featuring custom burgers and chicken wings, along with a bar serving signature cocktails and spiked milkshakes. Located at 8097 Sudley Road, Manassas, VA, the restaurant aims to cater to the D.C. area's demand for Fatburger. Founded 70 years ago, Fatburger has a strong following, known for its high-quality, customizable burgers.

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FAT Brands has announced the opening of its first converted Great American Cookies location in Las Vegas, following its acquisition of the franchise. This marks a swift transition to the new brand, with the franchisee, Kimberly Wright, playing a pivotal role in the process. Two additional stores are expected to open in the city by the end of 2022. The new location features signature menu items like the Original Cookie Cake and Double Doozies.

FAT Brands operates 17 restaurant brands and over 2,300 units globally.

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FAT Brands' Johnny Rockets is collaborating with Santa Monica Brew Works to unveil two limited-edition milkshake-inspired beers: Chocolate Peanut Butter Milkshake Porter and Strawberry Milkshake Porter. Launching on September 12, National Chocolate Milkshake Day, the beers will be available at select locations in Los Angeles. These craft beers offer unique flavors reminiscent of Johnny Rockets' signature shakes. The event invites fans to sample the new brews, with promotional activities planned throughout the month. This partnership underscores FAT Brands' commitment to innovative offerings, enhancing its brand experience.

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LOS ANGELES, Aug. 22, 2022 – FAT Brands announces the opening of its first Fatburger and Buffalo's Express restaurant in Marrakesh, Morocco. This co-branded establishment will serve premium American food, including custom-built burgers and award-winning wings. FAT Brands, known for its global presence, operates over 200 locations worldwide and offers a diverse menu featuring various toppings and sides. The new location aims to introduce local residents to its celebrated dining experience, open daily from 12 p.m. to 1 a.m.

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FAT Brands Inc. announced the opening of its first Fatburger and Buffalo’s Express locations in Mexico City, marking the beginning of a plan to establish 50 franchises in the country with Red Rombo Group. The initial location is designed to cater to local tastes, with plans for a second opening by the end of 2022. COO Jake Berchtold expressed confidence in the brand's potential popularity, as past expansions in Mexico have garnered positive responses. The new restaurant features customizable burgers, wings, and other menu items tailored to customer preferences.

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FAT Brands announces its third bi-annual summit in Las Vegas from August 29 to 31, 2022. This event aims to gather around 2,000 attendees, including franchisees and suppliers, to discuss key industry topics such as entrepreneurship and consumer behavior. Prominent speakers include Magic Johnson and Gary Vaynerchuk. The company highlights its growth over the past 18 months and expects to strengthen relationships through this summit. Over 150 suppliers supported the summit, showcasing the company's vast network in the restaurant industry.

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FAQ

What is the current stock price of FAT Brands 8.25% Series B Cumulative Preferred Stock (FATBP)?

The current stock price of FAT Brands 8.25% Series B Cumulative Preferred Stock (FATBP) is $9.43 as of November 4, 2024.

How many brands does FAT Brands Inc. operate?

FAT Brands Inc. operates multiple brands including Fatburger, Buffalo’s Cafe, Buffalo's Express, and Ponderosa & Bonanza Steakhouse.

What is FAT Brands Inc.'s business model?

FAT Brands Inc. operates as a franchisor and generates revenue through franchise fees and royalties.

Where does FAT Brands Inc. generate the majority of its revenue?

The majority of FAT Brands Inc.'s revenue is generated from the United States.

What support does FAT Brands Inc. provide to its franchisees?

FAT Brands Inc. provides dedicated support across various departments including operations, construction, marketing, and training to help franchisees achieve success.

Which are some of the brands owned by FAT Brands Inc.?

FAT Brands Inc. owns brands such as Round Table Pizza, Johnny Rockets, Twin Peaks, and Elevation Burger.

How does FAT Brands Inc. help franchisees diversify their portfolio?

FAT Brands Inc. offers strategically aligned and complimentary restaurant concepts, providing franchisees with opportunities for growth and brand diversification.

What is the global reach of FAT Brands Inc.?

FAT Brands Inc. operates restaurant concepts worldwide with over 300 locations globally.

How can franchisees contact FAT Brands Inc. for support?

Franchisees can contact FAT Brands Inc. through their dedicated support teams across various departments.

What is the main focus of FAT Brands Inc.?

FAT Brands Inc. focuses on developing, marketing, and acquiring restaurant concepts globally.

Who should consider franchising with FAT Brands Inc.?

Entrepreneurs looking to venture into the restaurant industry and seeking support and growth opportunities should consider franchising with FAT Brands Inc.

FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock

Nasdaq:FATBP

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