Drake Invests in L.A.-Based Restaurant Chain ‘Daves Hot Chicken’

LOCATIONS — DAVE'S HOT CHICKEN

Drake enters the fast-food business with an investment in Dave’s Hot Chicken, according to Bloomberg.

“I tried the food and it was amazing,” Drake said in a statement. “After meeting the founders and hearing their story, I jumped at the opportunity to invest.”

The chicken chain was launched in 2017 and now has 22 locations mostly in California and is planning to open 25 more restaurants by the end of the year, with expansion to cities including Chicago and Houston.

Drake will own less than 50% of the company and will join Boston Red Sox Chairman Tom Werner and actor Samuel L. Jackson as investors in the company.

Dave’s Hot Chicken sells sliders, crinkle-cut fries and spicy tenders. It mostly advertised on social-media channels like Instagram and Twitter, and has sold the franchise rights for more than 500 locations in the U.S. and Canada.

relates to Rapper Drake Buys Stake in Dave’s Hot Chicken Restaurant Chain

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