Fat Brands Inc., the Beverly Hills parent of the Fatburger restaurant brand, has agreed to acquire the 60-unit Hurricane Grill & Wings brand for $12.5 million.
In a statement announcing the acquisition, Fat Brands said it expected to generate annual revenue companywide of more than $17 million after the acquisition of West Palm Beach, Fla.-based Hurricane AMT, the chain’s owner.
Hurricane Grill & Wings opened its first restaurant in 1995 in Ft. Pierce, Fla., according to its website.
Retail, restaurant and hospitality reporter Caroline Anderson can be reached at firstname.lastname@example.org. Follow her on Twitter @caroline_mander.