1851

Restaurant Brands International, one of the largest QSR holding companies in franchising, just got a little bigger.Restaurant Brands International has acquired Firehouse Subs for $1 billion in an all-cash deal.&nbsp;<a href="https://www.nrn.com/quick-service/restaurant-brands-international-acquire-firehouse-subs-1-billion?NL=NRN-01a&amp%3BIssue=NRN-01a_20211115_NRN-01a_414&amp%3Bsfvc4enews=42&amp%3Bcl=article_1_b&amp%3Butm_rid=CPG06000002568392&amp%3Butm_campaign=48563&amp%3Butm_medium=email&amp%3Belq2=42fcc3eb93364b24a0553d11078fab89&utm_source=1851franchise.com&utm_medium=article&utm_campaign=restaurant-brands-international-purchases-firehouse-subs-for-1-billion-2717194" target="_blank" rel="nofollow">According to Nation’s Restaurant News</a>, the holding company behind Burger King, Popeyes and Tim Hortons, opted to purchase Firehouse Subs after the brand showed a 20% increase in year-over-year sales in 2020Firehouse Subs is 97% franchised, with 1,100 locations in 46 states plus Canada and Puerto Rico.&nbsp;The deal is expected to close in the coming months and will leave Firehouse Subs headquartered in Jacksonville, Fla., with CEO Don Fox and CFO Vincent Burchianti remaining in their leadership roles.“At Firehouse Subs we are united in our commitment to and passion for hearty and flavorful food, heartfelt service and public safety,” Fox said in a statement. “Joining the RBI family of brands provides an energizing opportunity to assist more communities, not only across America and Canada, but around the globe.”“We see tremendous potential to accelerate U.S. and international growth at Firehouse Subs with RBI’s development expertise, global franchisee network and digital capabilities,” Restaurant Brands CEO Jose Cil said in a statement reported by <a href="https://www.cnbc.com/2021/11/15/burger-king-parent-restaurant-brands-international-buys-firehouse-subs-for-1-billion.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=restaurant-brands-international-purchases-firehouse-subs-for-1-billion-2717194" target="_blank" rel="nofollow">CNBC</a>.Related stories:<ul><li><a href="https://1851franchise.com/restaurant-brands-international-reports-8-sales-drop-across-brands-2714970#stories">Restaurant Brands International Reports 8% Sales Drop Across Brands</a></li></ul>

Restaurant Brands International Purchases Firehouse Subs for $1 Billion

1851 Franchise

The holding company behind Burger King, Popeyes and Tim Hortons acquired the sandwich franchise in a cash deal after the brand achieved a 20% increase in sales.

restaurant-brands-international-purchases-firehouse-subs-for-1-billion

HomeTeam Inspection Service

HomeTeam Inspection Service Highlights Strong Franchisee Performance and Tech Innovation in Successful Second Quarter

hometeam-inspection-q2-2025-growth-expansion

TWO MEN AND A TRUCK

TWO MEN AND A TRUCK Celebrates 40 Years With Growth, New Franchise Signings and Charitable Milestones in 2025

two-men-and-a-truck-celebrates-40-years-with-growth-new-franchise-signings-and-charitable-milestones-in-2025

Express Employment Professionals

Express Employment Professionals Offers 50% Off Its Franchising Fee in Select Markets

express-employment-professionals-offers-50-off-its-franchising-fee-in-select-markets

Woodhouse Spas

image of woodhouse spa building franchise spa treatment

Woodhouse Spas’ Culture of Excellence, Support Further Elevates Top-Performing Franchise Opportunity

woodhouse-spas-supportive-franchise-culture

Sola Salons

Image of sola salons franchise spa industry interior of a franchise building

Sola Salons 2025 FDD Savings: How Data-Driven Adaptation Has Cut Costs for Franchisees

sola-salons-2025-fdd-savings

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

Planet Fitness Franchisees Donate $100K to Support Texas Flood Relief - 1851 Franchise

Planet Fitness Franchisees Donate $100K To Support Texas Flood Relief

planet-fitness-texas-flood-relief

McDonald’s Is the Latest Franchise To Bet Big on Beverages with 500-Store Premium Drink Test

mcdonalds-is-the-latest-franchise-to-bet-big-on-beverages-with-500-store-premium-drink-test

Friendly’s Parent Company Acquired by Multi-Unit Franchisee as More Owners Take the Lead in Brand Acquisitions 

friendlys-parent-company-acquired-by-multi-unit-franchisee-as-more-owners-take-the-lead-in-brand-acquisitions

Subway - John Fitzpatrick Named CEO - Breaking News - 1851 Franchise

Subway Names Jonathan Fitzpatrick as New CEO, Effective July 28

jonathan-fitzpatrick-subway-ceo-leadership-change

AI Is Reshaping Franchising: $100 Billion Valuations and Hyper-Localized Advertising

ai-is-reshaping-franchising-100-billion-valuations-and-hyper-localized-advertising

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

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

rising-jobless-claims-affect-franchising

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

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Navy Veteran and Professional Artist Couple Open Caring Transitions in Texas

Navy Veteran and Professional Artist Couple Set Out to Build a Purpose-Driven Business With Caring Transitions in Texas

navy-veteran-and-professional-artist-couple-set-out-to-build-a-purpose-driven-business-with-caring-transitions-in-texas

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

Why This Real Estate Broker Decided To Bring Caring Transitions to Central Texas

caring-transitions-san-marcos-kyle-chad-hardin

Restaurant Brands International Purchases Firehouse Subs for $1 Billion

MORE STORIES LIKE THIS