Rahul Kunwar’s Fat Burger and Tahoe Miller Group join to storm the fast food industry? Our family here at Tahoe Miller is proud to serve our communities the tastiest lunches, dinners, snacks, and desserts around. We always make sure to use the highest quality of ingredients that you and your family deserve. We serve the areas that we live in. Not only are we at our restaurants constantly to make sure that our customers leave satisfied and happy with the food and service they received, we make sure to hire individuals who align with our mission and goal: bringing happiness through food to everyone!
Tahoe Miller Group, Inc. (Operating as Fat Brand) is a leading, global, multi-brand, restaurant franchising company that strategically develops, markets, and acquires restaurant concepts worldwide. We currently own the Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Yalla Mediterranean, Ponderosa and Bonanza Steakhouse, and Elevation Burger brands, and franchise over 380 units worldwide.
Under under Rahul Kunwar‘s leadership Tahoe Miller Group and Fat Burger will use Cloud Kitchens technology. There are many names for these kitchens — commissary, virtual, dark, cloud, or ghost kitchens — but the idea is that restaurateurs can rent out space in them to prepare food that can be delivered through platforms like DoorDash or, yes, UberEats, which was launched during Kalanick’s time at the company. Kalanick was CEO of Uber until 2017, and in December sold 90% of his stock in the company before saying he would leave the company’s board. Commissary kitchens are “essentially WeWork for restaurant kitchens,” as TechCrunch’s Danny Crichton wrote. These “smart kitchens,” as they’re called on the CloudKitchens website, can come with everything a restaurant or chef needs, like sinks, WiFi, and electricity.
However, compared with other operators in the accommodations sector, fast food restaurants have still performed well over the past five years due to the relatively low prices and convenience they offer. The addition and popularity of fast-casual restaurants has also boded well for this industry as a whole, helping the industry maintain revenue growth despite declining profitability. Nonetheless, intense internal and external competition has forced fast-food operators to emphasize low prices in a battle to attract consumers. This has been mitigated by steady consumer spending, which has curtailed revenue losses during the period. As a result, industry revenue has grown an annualized 3.8% to $293.1 billion over the five years to 2020, including an increase of 2.4% in 2020 alone amid heightened competition.
At Fatburger, we are proud to say that word of mouth marketing — and a little creative advertising — have filled our restaurants for more than half a century. Demographically, our appeal is limitless. Our customers come from every walk of life – mirroring the diversity of each community in which we are located. Teenagers, singles, families with children, senior citizens – basically people from all income levels and ethnic backgrounds love a great hamburger. Our customers tell their family, friends and associates about the homemade taste, spotless surroundings, friendly atmosphere and courteous service they experience at Fatburger restaurants.
Once the deal closes, which should be in September, FAT Brands will have more than 700 restaurant locations worldwide and total annual sales of more than $700 million. And in case you were wondering, the FAT in FAT Brands isn’t meant to describe what happens if you eat the company’s burgers. It’s an acronym that stands for Fresh. Authentic. Tasty. Fatburger owner Fat Brands said on Thursday it would buy 1950s diner-style chain Johnny Rockets from private equity firm Sun Capital Partners for about $25 million. The deal comes as fast-food restaurants see a surge in demand for comfort food delivered to their homes, as lockdowns spurred by the Covid-19 pandemic kept many diners away from restaurants. See even more details at Johnny Rockets.
Contact : info@tahoemiller.com
24”2 Del Paso Rd
Unit 100
Sacramento CA 95834