The Fort Worth-founded Mexican restaurant chain is highly franchised, with 98% of its locations independently operated.
The parent company of Applebee’s and IHOP is adding Mexican to its menu of holdings.
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.Fuzzy’s systemwide sales are expected to top $230 million this year, according to Dine Brands. Applebee’s and IHOP reported systemwide sales last year of nearly $7.3 billion.
“Fuzzy’s Taco Shop is a compelling business with a loyal customer base and a distinct identity,” said Dine Brands CEO John Peyton
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