The parent company of Applebee’s and IHOP is adding Mexican to its menu of holdings.
Dine Brands Global Inc. said Monday that it will acquire Fort Worth-based Fuzzy’s Taco Shop for $80 million in cash. The Glendale, Calif.-based company owns, operates and franchises more than 3,400 Applebee’s and IHOP restaurants. Founded near the Texas Christian University campus in 2001, Fuzzy’s is a highly franchised fast-casual chain with 138 restaurants in 18 states and long-term development agreements that could nearly double its locations. Atlanta-based private equity firm NRD Holding Co.
Noooooo
So sad. Fuzzys has always been a good quality chain. I'm expecting quality of food to drop to the level of Applebee's. And prices to rise simultaneously.
RIP Fuzzy's.
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Fuzzy’s Taco Shop sells for $80 million to parent company of Applebee’s and IHOPThe Fort Worth-founded Mexican restaurant chain is highly franchised, with 98% of its locations independently operated. Ah, so the food will be even worse now. Boooooo Fuzzys is awful.Gave it 3 chances.
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Dine Brands to acquire Fuzzy's Taco Shop from NRD's Experiential Brands - Dallas Business JournalThe parent company of Applebee’s and IHOP will become the new owner of Fort Worth-founded Fuzzy's Taco Shop.
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