One of the biggest names to come out of the Nashville-style hot chicken trend of the past decade actually started in a California parking lot. Now, the 8-year-old fast food chain is parlaying its early business acumen into a brand deal that could be worth a staggering $1 billion.

Private-equity firm Roark Capital is in advanced talks to acquire Dave’s Hot Chicken for roughly $1 billion, according to people familiar with the matter. A deal could be announced soon, granted the talks don’t hit any snags,

Roark Capital Group is in advanced talks to buy Los Angeles-based restaurant chain Dave's Hot Chicken, according to a Wall Street Journal report citing anonymous sources. The deal could be announced soon and would be worth roughly $1 billion, per the report.