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Fuddruckers Chain to Survive as Parent Sells Locations to New Franchisee

Owner Strikes Deal to Shed Restaurants in Texas, Arizona, Kansas and Missouri
The fate of Fuddruckers had been uncertain after parent company Luby's Inc. said this fall it was selling off its assets and liquidating. (Getty Images)
The fate of Fuddruckers had been uncertain after parent company Luby's Inc. said this fall it was selling off its assets and liquidating. (Getty Images)
CoStar News
December 17, 2020 | 4:25 P.M.

Fans of Fuddruckers' hamburgers and fried chicken sandwiches are in luck: The restaurant brand will survive its parent's current struggles after the owner agreed to transfer 13 corporate-owned locations to a North Carolina investment firm.

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