Restaurant chain Chuck E Cheese reportedly weighing business sale
A potential deal could value CEC Entertainment’s restaurant brand at more than $1bn.
18 December 2023
18 December 2023
A potential deal could value CEC Entertainment’s restaurant brand at more than $1bn.
The first Chinese KFC was opened in Beijing in 1987 and the brand has grown into one of China's largest quick-serve restaurants in terms of sales.
The new café will be the brand’s 160th store in this market.
The new restaurant will be the brand’s sixth, and its second location in Cleveland.
The company now owns 15 hospitality concepts in the Middle East and North America.
Shamal Holding will now have full controlling interest in the brand and its operational activities across all international locations.
The venue features two digital menu boards and mobile kiosks to fast-track mobile orders.
The two restaurant brands will reward guests with a special bonus offer on all gift card purchases for the holiday season.
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