At the end of the credits you can see "The Munch will return in MUNCHIE HANGS TEN". That third part was never made.
Angus Scrimm, Ace Mask, Toni Naples, John Henry Richardson and Lenny Juliano also appeared in Munchie (1992) playing different characters.
Jamie McEnnan reprises his role as Gage Dobson from the last movie. He made a small appearance in the first scene of the film.