FAT Brands Announces 10-Unit Expansion of Co-Branded Fatburger and Buffalo's Express Concept

Business Wire 14-Jan-2019 9:00 AM

Los Angeles-Based Franchise Company Builds Presence Nationwide

FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) ("FAT Brands" or the "Company"), parent company of Fatburger and Buffalo's Express, announces the development of 10 new co-branded Fatburger and Buffalo's Express restaurants throughout California, Arizona, Texas, Pennsylvania and Virginia. All locations are slated to open in 2019.

Fatburger, the beloved Hollywood burger chain, founded by Lovie Yancey, maintains and upholds its unique culture and iconic menu offerings by serving the same, signature, made-to-order, Fatburgers, hand-scooped milkshakes and skinny (shoestring) or fat (steak) fries as Lovie served at the original Fatburger stand 70 years ago. Further, Fatburger's 35+ year old, Georgia-based, sister brand Buffalo's Express complements Fatburger's menu offering fresh, boneless and bone-in chicken wing options with over 13 proprietary wing sauce options.

Building upon the company's LA roots and success in the region, new locations in development in Monrovia, Bakersfield, Cerritos, and Lake Balboa will enhance the brand's presence throughout Southern California; additional expansion in Virginia, Arizona, Pennsylvania, and Texas further FAT Brand's mission to bring the iconic burger and wing brands to fans nationwide.

"It is very exciting to see the expansion of Fatburger & Buffalo's Express across the country," said Andy Wiederhorn, CEO of FAT Brands. "We are eager to serve our signature, all-American offerings to consumers within these markets and expand the national reach of both brands."

For more information or to find a Fatburger near you, please visit www.fatburger.com.For more information or to find a Buffalo's Express near you, please visit www.buffalos.com.

Fresh. Authentic. Tasty. Brands

FAT Brands (NASDAQ:FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns seven restaurant brands, Fatburger, Buffalo's Cafe, Buffalo's Express, Hurricane Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, that have over 300 locations open and more than 300 under development in 32 countries.

About Fatburger

An all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer's liking. With a legacy spanning 70 years, Fatburger's extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™.

About Buffalo's Express

Founded in 2012 in Los Angeles, CA, Buffalo's Express is a fast-casual chain known for its world famous chicken wings and proprietary wing sauces. Co-branded with 72 Fatburger restaurants to date, Buffalo's Express' significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo's Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo's Express – Where Everyone is Family™.

Safe Harbor Statement

This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.

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