Who owns Dave’s hot chicken and list of major shareholders

Dave’s Hot Chicken: Dave’s Hot Chicken has taken the culinary world by storm with its mouthwatering hot chicken offerings. From a modest food truck in Los Angeles to a rapidly growing franchise, Dave’s Hot Chicken has captured the hearts and taste buds of countless customers. But who owns this fiery sensation, and who are the major shareholders behind its success? In this article, we’ll dive into the ownership structure of Dave’s Hot Chicken and introduce you to some of the key stakeholders driving its expansion.

Ownership Structure

Dave’s Hot Chicken was founded by Arman Oganesyan, a visionary entrepreneur with a passion for spicy fried chicken. Arman, along with his childhood friends, became the driving force behind the brand’s inception. However, as the business expanded, so did its ownership structure. Here’s an overview of the major shareholders at Dave’s Hot Chicken:

1. Arman Oganesyan: Founder and CEO

• • Arman Oganesyan is the mastermind behind Dave’s Hot Chicken. His unwavering dedication to perfecting the hot chicken recipe and growing the business has been instrumental in its success. As the founder and CEO, Arman plays a pivotal role in shaping the company’s future.                                                   
    

    2. Tom Ruback: Co-Founder: Dave’s Hot Chicken

    • Tom Ruback is one of Arman’s childhood friends and a co-founder of Dave’s Hot Chicken. He has played an integral role in the brand’s growth and development, contributing to its unique flavor profiles and operational strategies.
      

      3. Tommy Ruback: Co-Founder: Dave’s Hot Chicken

      • Another childhood friend of Arman, Tommy Ruback, is also a co-founder. His dedication to ensuring consistent quality and expanding the brand’s footprint has been crucial in establishing Dave’s Hot Chicken as a beloved fast-casual chain.                                                                                                                         

      • 4. Bill Phelps: Strategic Investor: Dave’s Hot Chicken

        • Bill Phelps is a notable figure in the restaurant industry and a strategic investor in Dave’s Hot Chicken. His experience and expertise have helped guide the brand’s expansion plans and operational efficiency.   

5. Guest Investors and Franchisees

• Dave’s Hot Chicken has attracted a range of guest investors and franchisees who have played a significant role in its growth. These individuals often own and operate individual franchise locations, contributing to the brand’s reach and success.

While these individuals represent key figures in the Dave’s Hot Chicken ownership structure, it’s essential to note that the brand may have attracted additional investors and stakeholders as it continues to expand.

Conclusion

Dave’s Hot Chicken has become a sensation in the fast-casual dining industry, thanks to the dedication and passion of its founders and key stakeholders. Arman Oganesyan, Tom Ruback, and Tommy Ruback, as co-founders, have been instrumental in shaping the brand’s identity and success. Strategic investors like Bill Phelps and franchisees have further contributed to its rapid growth.

As Dave’s Hot Chicken continues to expand its reach and delight customers with its deliciously spicy offerings, it’s clear that the commitment and vision of these major shareholders will remain vital to its continued success. Whether you’re a fan of their mouthwatering hot chicken sandwiches or intrigued by their business model, Dave’s Hot Chicken is undoubtedly a brand to keep an eye on in the culinary world.

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