Dave's Hot Chicken began in an East Hollywood parking lot in 2017, initiated by three friends from the L.A. Armenian community with just $900. The concept was based on Nashville-style fried chicken. As of now, the chain operates approximately 320 locations, with plans for 800 more. It has expanded internationally into cities like London and Dubai. In June, the company was valued at $1 billion after being acquired by Roark Capital, securing financial futures for its founders.
Dave's Hot Chicken started in an East Hollywood parking lot with just a small fryer and has transformed into a billion-dollar chain with 320 locations.
Private-equity firm Roark Capital acquired Dave's Hot Chicken, establishing its valuation at $1 billion, signaling a remarkable transformation from a small stand to a global brand.
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