Financing

How Dave's Hot Chicken became a $1B brand in 8 years

The Week in Restaurants: This week’s restaurant news discussion podcast features a look at the sale of the chicken chain to Roark Capital, and a discussion of McDonald’s Snack Wrap.

How did Dave’s Hot Chicken reach a $1 billion valuation in just eight years?

In this week’s episode of the Restaurant Business podcast The Week in Restaurants, we discuss the fast-casual chicken chain’s sale to Roark Capital.

We look at the chain’s valuation, and how it was able to get that valuable, that quickly, and what it says about the modern restaurant industry. We also discuss Roark Capital’s performance and what Dave’s brings to the firm. 

We also talk McDonald’s, which is bringing back the Snack Wrap next month. 

In addition, Joe Guszkowski talks AI agents in the food business. 

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