The Fatburger hamburger chain, first appeared in 1952. A well-known trademark in Los Angeles. The original restaurant, on Western Avenue, is still operating. The chain is experiencing a 30% sales growth in it's franchise division this year. There are 13 company owned Fatburger restaurants in the Los Angeles, California market and franchisees 22 restaurants in Southern California and Las Vegas, Nevada under the Fatburger name. There are 3 new franchised restaurants under construction with two units expected to open in June 1999 and the third to open in August 1999. Currently, there are commitments and deposits for another 24 franchised units.
The above was taken from the RTIN Form 10-KSB. |