1851

JAE Restaurant Group has announced it is investing in more Wendy&#39;s locations. According to a <a href="http://www.franchisetimes.com/news/March-2018/The-Big-Get-Bigger-as-JAE-Group-Acquires-34-Wendys/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-times-the-big-get-bigger-as-jae-group-acquires-34-wendys-2705796" target="_blank" rel="nofollow" target="_blank">recent Franchise Times article</a>, the largest multi-unit franchisee&nbsp;is adding another 34 locations into its operations in Knoxville, Tennessee, bringing its total number to 212 in Florida, New Mexico, Texas and Tennessee.

&ldquo;We chose to invest in the Knoxville market because it&rsquo;s one of the highest growth areas in the country right now, thanks to its friendly tax environment, affordable housing, younger population and large number of university students,&rdquo; said Jhonny Mercado, co-chairman of JAE Restaurant Group. &ldquo;These favorable demographics are perfect for Wendy&rsquo;s, and we feel that Knoxville is an under-penetrated market for the brand.&rdquo;

JAE will be remodeling a handful of the Knoxville locations to reflect updated features such as Wi-Fi, flatscreen TVs, digital menu boards and fireplaces. The sale by Wendy&rsquo;s is part of the company&rsquo;s effort to shift to more franchise locations with a goal of having only 5 percent of the 6,500 restaurants be company owned in what it is calling its Systems Optimization Initiative.

<a href="http://www.franchisetimes.com/news/March-2018/The-Big-Get-Bigger-as-JAE-Group-Acquires-34-Wendys/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-times-the-big-get-bigger-as-jae-group-acquires-34-wendys-2705796" target="_blank" rel="nofollow" target="_blank">Click here to read the full story</a>.

The Big Get Bigger as JAE Group Acquires 34 Wendy’s

Franchise Times: The Big Get Bigger as JAE Group Acquires 34 Wendy’s

1851 Franchise

Wendy’s sells more locations to JAE Restaurant Group shifting away from company-owned restaurants.

franchise-times-the-big-get-bigger-as-jae-group-acquires-34-wendys

Busy Bee Jumpers

Top 10 Reasons To Buy a Busy Bee Jumpers Franchise in 2025

top-10-reasons-to-buy-a-busy-bee-jumpers-franchise-in-2025

Home Halo

home-halo-former-athletes-frachisees-image

Why Former College Athletes Can Make Winning Home Halo Franchise Owners

former-college-athletes-home-halo-franchise

TruBlue Home Service Ally

TruBlue Featured in USA Today as Key Player in Helping Seniors Age Safely at Home

trublue-featured-in-usa-today-as-key-player-in-helping-seniors-age-safely-at-home

Right at Home

Right at Home Marks 30 Years With Continued Franchise Growth

Right at Home Marks 30 Years With Continued Franchise Growth, Tech Advancements, and Strong System Engagement in First Half of 2025

right-at-home-franchise-growth-2025

KidStrong Franchising, LLC

Unlocking Superpowers: How KidStrong Is Building the Next Generation of Confident Kids — and Thriving Franchise Owners

kidstrong-franchise-confident-kids

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Photo of Roof Scientist truck and trailer

Roof Scientist Expands Into Northern Indianapolis as Entrepreneur Dale Speckman Launches New Business in Fishers

roof-scientist-expands-into-northern-indianapolis

Image of Donald Trump pointing with red stripes in the background

August 1 Tariff Deadline Is Said to Have ‘No Extensions’: What This Could Mean for Franchises

august-1-tariff-deadline-franchise-impact

What June’s Jobs Report Means for the Franchise Industry

what-junes-jobs-report-means-for-the-franchise-industry

Drone Delivery Takes Flight in QSR: The Future of Franchise Operations?

drone-delivery-takes-flight-in-qsr-the-future-of-franchise-operations

Chick-fil-A Tops Customer Satisfaction Rankings for 11th Year as Challenger Brands Gain Ground

chick-fil-a-tops-customer-satisfaction-rankings-for-11th-year-as-challenger-brands-gain-ground

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

Technomic Releases Annual Ranking of the Top 15 Fast-Food Chains in the U.S.

technomic-releases-annual-ranking-of-the-top-15-fast-food-chains-in-the-us

Rising Jobless Claims Could Signal Challenges — and Opportunities — for Franchising

rising-jobless-claims-affect-franchising

From Prescriptions to Pastries: Kari Khandelwal Creates a Comforting Community Bakery 

From Prescriptions to Pastries: Kari Khandelwal Creates a Comforting Community Bakery in Overland Park, Kansas

paris-baguette-franchise-overland-park-khandelwal

Kansas Couple Revitalizes Local Childcare With Children’s Lighthouse

From Corporate Careers to Community Roots: Kansas Couple Revitalizes Local Childcare With Children’s Lighthouse

kansas-couple-opens-childrens-lighthouse-gardner-olathe

The Ultimate Guide to Selling Franchises: How To Create a Strong Incentive

how-to-build-strong-incentives-to-attract-prospective-franchisees

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

How Vishal Juneja Turned a Family Tradition Into a Paris Baguette Franchise

How Vishal Juneja Turned a Family Tradition Into a Paris Baguette Franchise Built on Heart and Community

paris-baguette-franchise-rockaway-new-jersey-vishal-junjea

Franchise Times: The Big Get Bigger as JAE Group Acquires 34 Wendy’s

MORE STORIES LIKE THIS