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Fuddruckers<br />

Headquarters<br />

5700 Mopac Expressway South Suite C300, Austin, Texas 78749 USA<br />

Tel: (512)275-0400 Fax: (512)275-0670<br />

www.fuddruckers.com<br />

Ownership: Private<br />

Segment: Limited Service Hamburger<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 373,000 370,000 340,270<br />

Company-owned ($000) 190,000 190,000 189,249<br />

Franchised ($000) 183,000 180,000 151,021<br />

U.S. Number of Units 240 243 240<br />

Company-owned 124 127 132<br />

Franchised 116 116 108<br />

International Sales ($000) 25,000 15,000 2,319<br />

International Units 26 24 1<br />

Average Sales/Unit ($000) 1,500 1,500 1,418<br />

Concept Positioning |<br />

Fuddruckers operates and franchises a 250-unit chain of self-service upscale quick-casual hamburger restaurants that appeal<br />

to a broad audience. Stores are open daily from 11:00 a.m. to 11:00 p.m. and have a “kids eat free” program Monday–<br />

Thursday after 4:00 p.m. Food is cooked to order from fresh ingredients.<br />

Restaurants are freestanding or within a shopping center and range from 4,800–8,000 sq. ft., with seating for 160–300. The<br />

typical Fuddruckers has an exhibition food preparation area that includes a bakery and a butcher shop where customers can<br />

see bakery goods being made and meat being cut and ground. Another area has an open grill where items are cooked. It also<br />

includes a display area for customer garnishing of entrées as well as the dining area with tables and booths. Some have<br />

separate bar and outdoor patio areas. Décor will vary, as well as exteriors, although the latter is easily identifiable with a<br />

backlit yellow awning. However, new units will incorporate a standard exterior highlighting its Texas heritage. Fuddruckers has<br />

also co-branded units with La Salsa Fresh Mexican Grill, a limited-service Tex-Mex concept.<br />

The company plans to expand its new prototype, the six-unit Fudds in the City concept, into metropolitan areas in Houston,<br />

Boston, Los Angeles and New York. Units will average approximately 3,000 sq. ft. and seat 100 guests. The company has<br />

also expanded its new Fudds Express concept into airports, casinos, universities, museums and sports stadiums. With about<br />

500 sq. ft. of space, the concept serves a limited menu of burgers, hot dogs, chicken sandwiches and small salads.<br />

Headquartered in Austin, TX, Fuddruckers was incorporated in 1979 by Philip J. Romano, the owner and operator of finedining<br />

restaurants in San Antonio and Florida. The first restaurant opened in March 1980 in San Antonio. In August 1983, the<br />

first franchised store opened in Baton Rouge. The following November, the company made an initial public offering. In mid-<br />

1997, then parent Daka International was acquired by Compass Group PLC and its restaurant holdings spun-off into a new<br />

publicly held company, Unique Casual Restaurants. In mid-1998, Unique sold the chain to King Cannon Inc. In late-2003,<br />

Fuddruckers purchased the Koo Koo Roo poultry chain from Prandium. In 2006, Fuddruckers announced plans to buy several<br />

Pat & Oscar's units. Terms were not disclosed.<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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