The company anticipates executing several additional agreements in the year ahead not only for Fatburger and Buffalo’s Express, but also the recently acquired Ponderosa & Bonanza Steakhouses, which are expected to drive earnings growth.
The new Fatburger and Buffalo’s Express will be located just steps from the busiest intersection in the world, Shibuya Crossing. To date, the burger and chicken brands have opened and begun development on more than 200 stores in 20 different countries, with recent openings in China, the United Kingdom and Panama.
“When we open a new Fatburger or Buffalo’s Express location, especially a flagship in a new territory, we strive to find the most provocative, prominent locations possible,” said Andy Wiederhorn, CEO of FAT Brands. “In a buzzing city like Tokyo, it’s exciting to tap into a neighborhood like Shibuya that hums with thousands of visitors daily. Similar to our other Asian restaurants, we expect this will become a popular destination with tourists and locals alike for lunch, drinks and after-work meetups.”