WHERE TO WATCH
FAT Brands Expands Its Fast Casual Presence in India
February 5, 2019
Updated 1mo ago
Andy Wiederhorn, Resident and CEO of FAT Brands, joins Cheddar to discuss its 60-unit expansion in India.
Internet Star-Turned-Rising Rapper Saweetie Is Building a DIY Brand
Mar 11, 2019
Winter Weather and Understaffing Led to February's Restaurant Rough Patch
Andy Wiederhorn, President & CEO of FAT Brands, joins Cheddar to discuss the drop in same-store traffic in the restaurant industry for the month of February.
Mar 11, 2019
Fat Brands CEO Warns Restaurant Industry Wage Hikes Aren't Free
Winter weather and understaffing savaged February's restaurant industry outlook. Andy Wiederhorn, Fat Brands President and CEO, told Cheddar he anticipates a rebound come spring, but warned that rising wages will continue to pose a challenge for the margin-strapped industry. "Everyone wants their employees to make more money, but there's a cost to it. It isn't free," Wiederhorn said.
Oct 23, 2017
Fat Brands Recipe for Success
Andy Wiederhorn, Founder and CEO of FAT Brands, joins Cheddar to celebrate the company going public at the NASDAQ under the ticker "FAT." The stock opened at $12.80, up from its IPO price of $12. The company raised $24 million. Wiederhorn explains how one of its biggest brands, Fatburger differs from other burger joints such as Five Guys or In-N-Out. He says other chains have copied Fatburger, which opened 70 years ago and hasn't changed its recipe since. Plus, how is being a franchisor good for your bottom line? Wiederhorn says his company brings home 50% in revenue margins compared to other 3% earned by other restaurants because FAT Brands doesn't own or operate the actual establishments. He talks about franchisees wanting a piece of the pie, stating the company has 300 locations opening in the near future.