Fazoli’s System Management, LLC

Fazoli's System Management, LLC operates a chain of fast-casual restaurants specializing in Italian cuisine, offering handcrafted meals and a welcoming dining experience. Fazoli's System Management, LLC, founded in 1988 in Lexington, US, provides Italian dining experiences. The company was acquired by FAT Brands Inc. in December 2021 for USD 130 mn as part of a strategic diversification.

The CEO, Carl Howard, has a history of leading restaurant operations and has been instrumental in the company’s growth. The acquisition included plans for new store openings as part of the business strategy. Fazoli's® specializes in a diverse range of Italian cuisine, including signature pasta dishes, pizza, and appetizers, particularly known for their unlimited garlic breadsticks. The company caters to families and individuals looking for budget-friendly dining options across various locations in the US, including both urban and suburban areas, emphasizing quality and convenience.

Fazoli’s generates revenue through direct-to-consumer sales at its restaurant locations, catering services, and franchise partnerships. Customers can purchase meals at competitive prices, with catering options available for larger events. Franchise operations contribute significantly to revenue by expanding the menu offerings in multiple locations while maintaining operational guidelines. Following the acquisition by FAT Brands Inc.

in November 2021, which included a cash transaction of USD 130 mn, Fazoli’s aims to expand its footprint by opening new stores. The deal underscores FAT Brands Inc. 's strategy to diversify its restaurant portfolio, which will support the development of new products and an enhanced market presence as they focus on growing in targeted geographic regions.