Famous Dave’s of America, Inc. (NASDAQ:DAVE) reported an international franchise deal to commence the world renowned BBQ restaurants in the United Arab Emirates. The new deal marks the first expansion for the company outside of North America.
The deal details
Famous Dave’s associated with Tablez Food Company to launch four locations in the United Arab Emirates. The associate firm is a development entity that specializes in beverage and food concepts with exceptional food quality and renowned success. Tablez is committed to innovation and discovering new concepts, which results in inspiring experience for the customers. This deal of Famous Dave’s marks the franchise groups’ only BBQ concept in Tablez’s portfolio.
The management view
Adam Wright, the Interim CEO of Famous Dave’s of America, Inc. (NASDAQ:DAVE), said that this international franchise expansion deal is a significant partnership for company and they are excited to bring authentic award–winning Pit Bar-B-Que to the new region. They are delighted to be associated with Tablez, the leading beverage and food group in the UAE, to offer Famous Dave’s premium Bar-B-Que dining experience customized for the UAE customers.
Shafeena Yusuf All, the CEO of Tablez Food, said that their objective is to become a pioneer in the food and beverage sector by attracting premium brands to the region. Famous Dave’s quality of food, reputation for excellence and great tasting BBQ transforms them into an ideal brand to bring to UAE. The management is proud that Tablez becomes the first firm to bring a BBQ experience that will surpass the expectations of customers.
The future ahead
Famous Dave’s franchise associates projects to commence their first location in Abu Dhabi next year. The company will look for qualified multi-unit associates to develop and launch the brand in major growth markets. It should be noted that Famous Dave’s is consistently selected as the U.S.’s favorite BBQ restaurant.