Market Capitalization (Millions $) |
121 |
Shares
Outstanding (Millions) |
17 |
Employees |
360 |
Revenues (TTM) (Millions $) |
480 |
Net Income (TTM) (Millions $) |
-90 |
Cash Flow (TTM) (Millions $) |
23 |
Capital Exp. (TTM) (Millions $) |
22 |
Fat Brands Inc
Fat Brands Inc. is a multi-brand restaurant franchising company that owns and operates a portfolio of fast-casual and casual dining restaurant concepts. Founded in 2017, the company has its headquarters in Beverly Hills, California. The companyes business model focuses on expanding its brands through franchising and building brand recognition through marketing efforts.
Fat Brands currently has a portfolio of nine restaurant brands. Its flagship brand is Fatburger, which was founded in 1952 and is known for its juicy burgers made with 100% USDA beef. The company acquired the Elevation Burger chain in 2019, which offers organic, grass-fed beef burgers.
Another significant brand under the company's portfolio is Buffalo's Cafe, which is a casual dining chain offering American cuisine such as wings, burgers, and salads. The company also owns Hurricane Grill & Wings, Johnny Rockets, Yalla Mediterranean, Ponderosa and Bonanza Steakhouse, and Elevation Burger concepts.
Fat Brands has franchised its brands to more than 40 countries through its networks of franchise partners. The company utilizes a franchise model to scale its brands more efficiently and reduce its operating costs. Additionally, the company provides its franchise partners with support in terms of marketing, training, and site development to ensure the success of its franchisees.
The company has established several marketing initiatives to promote its brands, including online ordering and delivery options. The companyes online delivery service partnership with Postmates and Doordash has boosted its sales in recent times.
In terms of financial performance, Fat Brands Inc reported a net income of $456,000 in 2021 Q2 from $39,000 in Q2 2020, which is a 1062.03% YoY growth. The companyes total revenue increased by 69% YoY to $5.3 million in the same quarter, driven by the acquisition of Johnny Rockets and the growth of its franchise business.
In conclusion, Fat Brands Inc is a multi-branded restaurant franchising company focused on expanding its brands globally through franchising and driving brand recognition through marketing efforts. Its scalable business model has helped it to grow faster and reduce operating costs, making it an attractive investment for investors seeking exposure to the restaurant franchise industry.
Company Address: 9720 Wilshire Blvd. Beverly Hills 90212 CA
Company Phone Number: 319-1850 Stock Exchange / Ticker: 0 FAT
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