evidence: Fuddruckers (sometimes abbreviated Fudds[4]) is an American fast casual, franchised restaurant chain that specializes in hamburgers. The Fuddruckers concept is to offer large hamburgers in which the meat is ground on-site and buns are baked on the premises. As of 2019, Fuddruckers had 49 company-operated restaurants and 107 franchises across the United States and around the world. The company headquarters is in Houston, Texas. On September 8, 2020, Fuddruckers owner Luby's, Inc. announced that they planned to liquidate existing assets, including Fuddruckers' assets, distributing the proceeds to investors after the proposed sale of the chains.[5] On June 21, 2021, Black Titan Franchise Systems announced a deal to acquire Fuddruckers for $18.5 million.[6] [...] Bankruptcy and ownership changes [edit]The 2008 financial crisis hit the restaurant industry hard, including Fuddruckers. On April 22, 2010, the parent of Fuddruckers, Austin-based Magic Brands LLC, announced plans to file for Chapter 11 bankruptcy protection.[10] It originally planned to sell most of its assets, including Fuddruckers and the Koo Koo Roo brand eateries, to the Tavistock Group for $40 million.[11][12] On the same day, the firm announced that 24 Fuddruckers restaurants would be closed, several of them in the metro Washington, D.C. area. [...] - ^ "All Locations | Fuddruckers®". fuddruckers.com. Retrieved 2021-11-26.