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Top 100: Fuddruckers No. 71

July 10, 2011

71. Fuddruckers

Houston, Texas / No. of locations: 225+

Financial challenges loomed large last year for longtime brand Fuddruckers. Magic Brands LLC, parent company of Fuddruckers, filed for bankruptcy protection in April and received court approval to sell, which prompted a bidding war. In June, cafeteria chain Luby’s Inc. of Houston won the chain during a bankruptcy auction to purchase most of the assets of Fuddruckers Inc., Magic Brands LLC and their affiliates for $63.45 million. Meanwhile, Fuddruckers launched its new Fudds Exotics menu platform, which features wild-caught salmon filet and burgers made from buffalo, elk, ostrich and wild boar.