Franchise News
Flynn Restaurant Group Subsidiary Acquires 368 Arby’s Locations from US Beef Corp.
The acquisition adds another prominent brand to franchise operator Flynn Restaurant Group’s 1,200-unit portfolio.
Flynn Restaurant Group LP announced it has purchased 368 Arby’s restaurants from US Beef Corp. through one of its wholly-owned subsidiaries, RB American Group LLC.
Arby’s becomes the fourth prominent restaurant brand represented under the Flynn Restaurant Group umbrella, joining Applebee’s, Panera Bread and Taco Bell. According to the announcement, the deal will add $400 million in sales to the franchise operator’s current $1.9 billion generated from the brands in its portfolio. Flynn Restaurant Group now operates a combined total of 1,245 restaurants, employing approximately 50,000 people in 33 states.
“Standing in a category of its own, the Arby’s brand aligns perfectly with our preference for brands that are truly differentiated and ‘best in breed’ in their segments,” Flynn Restaurant Group founder, chairman and CEO Greg Flynn said in a statement. “Benefiting from very strong leadership, the Arby’s brand has achieved great momentum these past few years and we are truly excited about the opportunities that lie ahead.”
Read the full release here.
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Madeline Lena
FollowMaddie has spent her career in the media industry, serving in various editorial roles before migrating into a hybrid content strategy and PR role with No Limit Agency. Her passion for storytelling and love of writing help her create meaningful content on behalf of her clients and fulfill No Limit Agency’s mission to tell people-driven stories.
Maddie is a graduate of Saint Louis University, where she studied Communications with a focus in journalism and media studies as well as Sports Business. In her spare time, Maddie can be found exploring Chicago’s food scene, watching an NBA game or lamenting over her middling fantasy baseball team.
