- Muscle Maker Inc’s (NASDAQ:GRIL) Hawaiian poke bowl restaurant concept Pokemoto has entered into a new franchise agreement in Allentown, Pennsylvania.
- The new franchise agreement marks the third Pennsylvania Pokemoto.
- Last week, Muscle Maker announced the grand opening of the first Pokemoto in the Northeast Philadelphia market.
- Each franchise location sold generates up to $25,000 per agreement when signed as well as an ongoing royalty of up to 6% of net sales once opened.
- Price Action: GRIL shares are trading higher by 0.96% at $0.4099 on the last check Thursday.
“Fat Brands, Chair Andy Wiederhorn Indicted In $47M ‘Sham’ Loan Scheme” – CNBC
https://www.cnbc.com/2024/05/10/fat-brands-chair-andy-wiederhorn-indicted-in-47-million-loan-scheme.html#:~:text=Fat%20Brands%20and%20its%20chair,Exchange%20Commission%20was%20investigating%20him. Fat Brands and its
