Mr Charlie’s: Mike Tyson, Ric Flair Invest in ‘Vegan McDonald’s’ to Fuel Expansion

Los Angeles-based vegan fast food chain Mr Charlie’s has received an investment from Carma HoldCo, parent company of sports legends Mike Tyson and Ric Flair’s brands. The plant-based fast-food chain, known for its McDonald’s-spoofing vegan menu, is now looking to expand domestically and internationally through a franchise model.

Mr Charlie’s, with its Frowny Meal and community-focused mission of providing second chances to employees from underprivileged backgrounds, aims to create more jobs and grow its footprint with the help of the investment. Despite the challenging times for vegan F&B, the partnership with Carma HoldCo is seen as a smart business decision to bring the innovative brand to more markets and compete in the QSR space. The investment comes at a time when other plant-based restaurants in Los Angeles are struggling, but Mr Charlie’s hopes to turn the frown upside down with its expansion plans.