Hot Dog on a Stick has a new owner, which hopes to turn one of America’s most recognizable mall brands into a national restaurant platform.

Amazing Brands founder Stephen Siegel announced Wednesday that an affiliate of the company acquired Hot Dog on a Stick through a bankruptcy court-approved transaction, ending the concept’s chapter under FAT Brands and beginning what the company describes as a long-term effort to modernize and expand the nearly 80-year-old chain.

The acquisition comes after months of restructuring at FAT Brands, which filed for bankruptcy in January under roughly $1.5 billion in debt.

A Texas bankruptcy court approved the sale of more than a dozen restaurant concepts, including a $595 million lender-backed acquisition covering brands such as Fatburger, Johnny Rockets, Round Table Pizza, Fazoli’s, Great American Cookies, and Marble Slab Creamery. Elevation Burger and Twin Peaks were sold off to other entities, while Smokey Bones shuttered for good.

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Hot Dog on a Stick was sold separately to Amazing Brands through an $8 million cash bid.

“This acquisition is personal for me,” Siegel said in a statement. “I grew up loving Hot Dog on a Stick. It is one of those brands people remember with real emotion and nostalgia.”

Siegel noted that his wife previously served as general manager of the chain’s Montebello Town Center restaurant in California during the 1990s, a location that remains open today.

Founded in 1946 on Santa Monica’s Ocean Front Walk near Muscle Beach, Hot Dog on a Stick became one of the country’s defining mall food court brands through its hand-dipped corn dogs, made-to-order cheese on a stick, fresh hand-stomped lemonade, striped uniforms, and energetic service style. Although the concept once exceeded 100 locations, it currently operates 44 company-owned and franchised restaurants.

Amazing Brands plans to grow the concept through company-owned restaurants and franchising, shifting beyond its traditional mall footprint into street-front restaurants, drive-thrus, airports, stadiums, amusement parks, entertainment districts, tourist destinations, and resort markets.

The company said it will immediately begin evaluating opportunities for a flagship location on the Las Vegas Strip and pursue additional restaurants throughout the Las Vegas Valley.

“While Hot Dog on a Stick has been predominantly a West Coast success story, we believe the time has come to bring it to the rest of America—and ultimately to the world,” he said. “Our goal is to once again establish Hot Dog on a Stick as one of America’s most iconic restaurant brands while expanding its reach to customers around the globe.”

Amazing Brands plans to retain substantially all existing employees, including several corporate team members who have worked with the concept for more than two decades.

The company also intends to invest in operations, marketing, restaurant design, social media, menu innovation, and leadership.

“Sometimes great brands simply need renewed energy, attention and a lot of love,” Siegel said. “Hot Dog on a Stick has all the ingredients of a great American brand—strong brand recognition, a loyal following and products that deliver genuine nostalgia and fun. This is about respecting everything people already love while thoughtfully evolving the brand for the next generation.”

Additionally, Amazing Brands said it plans to develop a consumer packaged goods business centered on Hot Dog on a Stick’s signature products, including retail-ready versions of its Original Fresh Hand-Stomped Lemonade and other branded offerings.

The deal expands Amazing Brands’ growing hospitality portfolio, which includes Pinkbox Doughnuts, Siegel’s Bagelmania, and Piero’s Italian Cuisine.

Fast Food, Finance, Story, Hot Dog on a Stick