Hot Dog on a Stick

We are seeing the exact same consolidation dynamic in the restaurant space.

Fat Brands, the conglomerate that owns concepts like Twin Peaks, Elevation Burger and Hot Dog on a Stick, was just chopped up and sold to multiple buyers for nearly one billion dollars in court approved sales.

Pizza Hut's massive global footprint was just sold to Long Range Capital for $2.7 billion.

Bonchon's U.S. division was acquired by Saruya Private Equity.

Oh my God.

By the way, I haven't even seen a hot dog on a stick since I was like 10.

[laughs]

I just went for the first time a couple weeks ago.

Where is there a hot dog on a stick?

Glendale Mall.

At The Americano?

Yep.

...

Chestnut works at a Hot Dog on a Stick.

Yeah.

And he looks over at... 'Cause you work at the Panda Express.

And this is me meeting you working at Panda Express.

Oh, no, Peep works at Panda Express.

I work at Hot Dog on a Stick.

Sorry, meeting you at Hot Dog on a Stick.

...

in the same part of it at the similar time and the fact that you knew Town East, the fact that you knew Hot Dog on a Stick, hilarious.

There is other-

Love Hot Dog on a Stick, sadly.

It is-

Everyone.

As I was going-

... quite better quality

So Nathan's Famous hot dogs just sold for, I think, $450 million.

By comparison, Hot Dog on a Stick, it's got offloaded for $8 million, and that's for an iconic American brand.

I think between all of us, we could make some calls and raise $8 million.

Maybe not.

7, wow, yeah

... was work at Hot Dog on a Stick in 1984.

You make 6.25 an hour.

Oh.