RestaurantNews.com ) RB American Group LLC, a completely owned subsidiary of Flynn Restaurant Group LP, right now introduced that it has acquired 368 Arby & # 39; s® eating places in the US from Beef Company (United Arby & # 39; s, the second largest sandwich restaurant model on the earth, is ideally suited to the Flynn Restaurant Group, whose portfolio consists of well-known manufacturers like Applebee's, Panera Bread® and Taco Bell®, and would be the fourth main restaurant model of the Flynn Restaurant Group.
With this acquisition, Flynn Restaurant Group will personal and function 1,245 fast-food, fast-paced, informal eating places, producing a $ 2.three billion enterprise turnover and using roughly 50,000 folks in 33 states. Flynn Restaurant Group's subsidiaries embody Apple American Group LLC, the biggest Applebee franchisee; Pan American Group LLC, second largest franchisee of Panera Bread; and the American group Bell, the third largest Taco Bell franchisee. This vital deal will add gross sales of $ 400 million to Flynn's present $ 1.9 billion. Simply as Flynn was the primary franchise operator to exceed $ 1 billion in gross sales in 2012, it’s now the primary to exceed $ 2 billion in gross sales. This acquisition additionally makes Germany one of many 20 largest catering corporations of any kind within the nation.
"We’re extraordinarily happy to announce that these Arby eating places have been added to our portfolio of eating places," stated Greg Flynn, Founder, President and CEO of Flynn Restaurant Group. "The Davis household and their crew of nice operators have constructed a improbable enterprise in 50 years and we’re privileged to be the primary to information US beef eating places of their subsequent part. As well as, as a class in its personal proper, the Arby's model suits completely with our choice for really differentiated and "finest in breed" manufacturers of their segments. With sturdy management, the Arby's model has gained appreciable momentum lately and we’re actually excited concerning the alternatives forward. "
Concerning the Flynn Restaurant Group LLC
Based by President and Chief Government Officer Greg Flynn in 1999, Flynn Restaurant Group LP is the biggest franchise operator and one of many 20 largest meals service teams in the US. Flynn Restaurant Group owns and operates 460 Applebee's Neighborhood Grill & Bar eating places, 386 Arby eating places, 280 Taco Bell and Yum! Associates. Branded eating places and 135 Panera Bread bakeries in 33 states, producing gross sales of $ 2.three billion and using roughly 50,000 folks. Additional data is offered on www.flynnrg.com .
Arby's, based in 1964, is the primary nationally franchised sandwich kind restaurant model with greater than three,300 eating places worldwide. The objective of the Arby model is "Encourage Smiles By means of Scrumptious Experiences". Arby's eating places supply Quick Crafted®, a novel mixture of pace of service and worth mixed with high quality and a spotlight to casualness. Arby's Restaurant Group, Inc. is the mum or dad firm of the Arby's model franchisor and is headquartered in Atlanta, Georgia. Go to Arbys.com for extra data.