Fazoli’s Opens Fourth Restaurant in Phoenix Area
Rhea-AI Summary
Fazoli’s (NASDAQ: FAT) opened its fourth restaurant in the greater Phoenix area on Dec. 18, 2025, at 13510 N. Litchfield Road in Surprise, AZ. The new drive-thru location offers Fazoli’s core menu items, including Chicken Fettuccine Alfredo, Baked Spaghetti with Meatballs, and unlimited breadsticks.
The restaurant is franchised to Kind Hospitality, which plans further Arizona expansion including Gilbert in spring 2026. Fazoli’s operates over 200 restaurants in 26 states, and FAT Brands franchises/owns over 2,300 units across 18 brands.
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News Market Reaction 3 Alerts
On the day this news was published, FAT gained 1.43%, reflecting a mild positive market reaction. Argus tracked a trough of -3.3% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $111K to the company's valuation, bringing the market cap to $8M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus 1 Up
Sector peers show mixed moves, with NDLS the only name in the momentum scanner, up 6.809999793767929% without same-day news. No broad restaurant-sector pattern clearly ties to FAT’s Phoenix-area Fazoli’s opening.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 16 | International opening | Positive | -1.4% | Fatburger reopening in Okinawa as part of a four-unit Japan plan. |
| Dec 01 | Promotional campaign | Positive | +6.3% | Great American Cookies free-cookie offer for rewards members on National Cookie Day. |
| Nov 19 | Domestic opening | Positive | -4.6% | First combined Fatburger & Buffalo’s Express opening in Dallas, Texas. |
| Nov 13 | Product launch | Positive | -4.9% | Round Table Pizza launching a national catering program with group meal bundles. |
| Nov 07 | Market entry | Positive | -3.3% | First Round Table Pizza in Greater Austin area with grand-opening promotions. |
Recent brand and unit expansion press releases often coincided with negative next-day moves, suggesting a tendency for the stock to sell off or fade on otherwise constructive operational headlines.
Over the last six weeks, FAT has issued several brand-focused announcements, including new Fatburger and Round Table Pizza openings in Texas and Japan and a Great American Cookies promotion. These items highlight ongoing unit growth across multiple concepts, similar in tone to the Fazoli’s Phoenix-area expansion. Despite generally positive operational news, market reactions have been mixed, with 1 positive and 4 negative 24-hour moves, underscoring investor focus on broader financial and balance-sheet risks.
Market Pulse Summary
This announcement highlights incremental expansion for FAT via Fazoli’s, adding a fourth Phoenix-area restaurant and reinforcing its positioning as a fast, fresh Italian QSR brand within a portfolio of 18 concepts and over 2,300 units. Recent regulatory filings describe significant debt, note acceleration, and going-concern disclosures, which provide important backdrop for evaluating such growth. Investors may watch future updates on refinancing progress, cash generation, and unit economics across brands to contextualize additional development news.
Key Terms
quick-service technical
qsr technical
AI-generated analysis. Not financial advice.
Popular Italian Chain Continues Arizona Growth with New Surprise Location
LOS ANGELES, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Fazoli’s, a portfolio company of FAT Brands Inc. and America’s beloved fast and fresh Italian chain, officially announces the opening of its fourth restaurant in the greater Phoenix area. Located at 13510 N. Litchfield Road in Surprise, the all-new drive-thru restaurant features all the fan-favorites, including classics such as Chicken Fettuccine Alfredo, Baked Spaghetti with Meatballs, and its beloved fresh, unlimited breadsticks.
“Since our highly anticipated return to Arizona three years ago, Fazoli’s has established itself as a go-to, quick-service Italian destination," said Gregg Nettleton, President of Fazoli’s. “Our franchise partner, Kind Hospitality, is an excellent operator who embodies what the brand stands for, delivering high-quality food and warm, welcoming hospitality. We look forward to continuing to grow with them in the years ahead as they expand into new markets across Arizona, including Gilbert in the spring of 2026.”
Since 1988, Fazoli’s has been committed to serving quality Italian food, fast, fresh and friendly. From unlimited, signature breadsticks to freshly prepared pasta entrées, the chain prides itself on serving high-quality menu offerings, all at an affordable price.
Fazoli’s Surprise is located at 13510 N. Litchfield Road, Surprise, AZ 85379 and is open Sunday through Thursday, 10:30 a.m. to 9:30 p.m., and Friday and Saturday, 10:30 a.m. to 10:30 p.m. For more information, visit Fazolis.com.
About FAT (Fresh. Authentic. Tasty.) Brands
FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit fatbrands.com.
About Fazoli's
Fast. Fresh. Italian. Founded in 1988 in Lexington, Ky., Fazoli's franchises and operates over 200 restaurants in 26 states, making it the largest QSR Italian chain in America. Fazoli’s prides itself on serving quality Italian food, fast, fresh, and friendly. Menu offerings include freshly prepared pasta entrees, sub sandwiches, salads, pizza, and desserts – along with its unlimited signature breadsticks. For more information, visit www.Fazolis.com.
About Kind Hospitality
In 1996, Kind Hospitality was founded on the principle of providing guests with an unparalleled dining experience in all environments, from airport to street side operations. Dedicated to providing the best possible customer service across its suite of brands, Kind Hospitality’s knack for hiring high-quality, hardworking and passionate individuals serves as a key element to the company’s “secret recipe” for success. The “kind” in Kind Hospitality isn’t just part of the company’s name — it’s at the very heart of its mission to do things differently. And it’s what keeps guests coming back time and again to Kind’s well-known brands including Macayo’s Mexican Food, which holds the GUINNESS WORLD RECORDS title for the longest chimichanga, Panera Bread, O.H.S.O. Brewery, Barrio Brewing Co. and Native Grill & Wings. For more information, visit www.kindhospitality.com.
MEDIA CONTACT:
Erin Mandzik, FAT Brands
emandzik@fatbrands.com
860-212-6509
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FAQ
What did Fazoli’s announce about its Phoenix-area expansion on Dec. 18, 2025 (FAT)?
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