Huey Magoo’s has entered right into a improvement settlement with SMR Capital Group to ascertain 15 new eating places in Texas. The settlement covers Brazoria, Chambers, Fort Bend, Galveston, and Montgomery counties. SMR Capital Group is led by Managing Companion Muhammad Ali Akbar and Working Companion Jason Gilbert.
In 2025, Huey Magoo’s launched a 1,500-square-foot prototype designed to scale back buildout prices and speed up improvement, enabling enlargement into smaller actual property areas. The corporate additionally launched the Magoo’s Rewards loyalty program, which has seen early buyer adoption. Latest menu additions embrace Grilled Tender Bites and an expanded specialty handcrafted lemonade program.
Huey Magoo’s studies greater than 85 areas throughout 12 states and a median unit quantity of $2.1 million, based on Merchandise 19 of the 2025 Franchise Disclosure Doc. The corporate is on observe to achieve 100 areas in 2026. Franchisees are required to decide to opening three shops over three years.
SMR Capital Group has expertise in multi-unit operations, franchise improvement, and actual estate-backed funding. The group will oversee the rollout of the brand new Huey Magoo’s areas throughout the specified Texas counties. No particular timeline for the opening of the brand new eating places was supplied.
