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Stock impact report

Fazoli's Kicks Off International Growth with 25-Unit Canadian Development Deal [Yahoo! Finance]

FAT Brands Inc. (FAT) 
US:NASDAQ Investor Relations: ir.fatbrands.com
Company Research Source: Yahoo! Finance
Tasty.) Brands Inc . parent company of Fazoli's, and 17 other restaurant concepts, announces a new development agreement in partnership with franchisee Briwin Restaurants Inc. to bring 25 Fazoli's locations to Canada over the next ten years with the first units expected to open in 2025 in the province of Alberta. “Fazoli's has enjoyed tremendous success expanding domestically, operating in 26 states with over 200 locations, and is now well positioned to make its international debut,” said Taylor Wiederhorn, Chief Development Officer of FAT Brands . “At FAT Brands, we have a strong network of international franchisees that span across nearly all our restaurant concepts. We're excited to have an experienced operator come from within our Fatburger franchise system and commit to launching and developing an additional FAT Brands restaurant concept in Canada. We are confident that expanding in Canada is a natural first step for Fazoli's in becoming a leading global chain.” Since 1988, F Show less Read more
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