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Magic Brands, LLC was the owner of
Fuddruckers Fuddruckers (sometimes abbreviated Fudds) is an American fast casual, franchised restaurant chain that specializes in hamburgers. The Fuddruckers concept is to offer large hamburgers in which the meat is ground on-site and buns are baked on the ...
and
Koo Koo Roo Koo Koo Roo was an American fast casual restaurant chain specializing in charbroiled chicken founded in 1988 by Los Angeles-based restaurateurs Mike and Ray Badalian. The name "Koo Koo Roo" was an onomatopoeic reference to the crow of a roost ...
and was based in
Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...
. The company acquired Fuddruckers in 1998. On April 22, 2010, Magic Brands filed for Chapter 11 bankruptcy protection. On June 18, 2010,
Luby's Luby's, Inc. (formerly Luby's Cafeterias, Inc.) is a parent company that operates the Luby's chain of cafeteria-style restaurants. In the past, Luby's Inc. also owned the Fuddruckers, Koo Koo Roo, and Cheeseburger in Paradise restaurant chains. ...
announced it was buying Fuddruckers and Koo Koo Roo, and the deal eventually was for $61 million in cash via an auction.Bankruptcy forces 2 California Fuddruckers to close today
Retrieved 4/20/10 A second estimate was that the sale amount was for $63 million. Luby's acquisition of Fuddruckers and Koo Koo Roo was finalized during the summer of 2010.


References

Restaurants established in 1998 Defunct companies based in Texas Companies disestablished in 2010 1998 establishments in Texas {{food-company-stub