Tag Archive | refranchising

National Franchise Sales Announces Strategic Refranchising Initiative

National Franchise Sales Announces Strategic Refranchising Initiative

National Franchise Sales (NFS) – the leading firm in franchised restaurant re-sales announced today a re-structuring of its Restaurant Refranchising Services. NFS Restaurant Refranchising Services will be led by Rick Kowalski, Managing Director for Restaurant Refranchising Services, and staffed with NFS Advisors who have extensive experience in refranchising. NFS has […]

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Wendy’s Completes System Optimization Initiative

Announces Sale of 104 Company-owned Restaurants in Four U.S. Markets Company Expects to Generate Higher Operating Margin, Stronger Free Cash Flow, and Enhanced Quality of Earnings The Wendy’s Company (NASDAQ: WEN) today announced the completion of its System Optimization initiative, launched in July 2013, with the sale of 104 restaurants […]

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Wendy’s Completes Sale Of 70 Dallas-Fort Worth Restaurants

The Wendy’s Company (NASDAQ: WEN) today announced the sale of 70 restaurants in the Dallas-Ft. Worth metroplex to Texas-based MUY Hamburger Partners, LLC, a Wendy’s franchisee. The transaction is part of the Company’s System Optimization initiative, designed to promote new restaurant growth and reimaging, while generating a more predictable revenue […]

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Wendy’s Sells 30 Austin And 19 Sacramento Restaurants

The Wendy’s Company (NASDAQ: WEN) has sold 30 Austin and 19 Sacramento area restaurants, in separate transactions. With the completion of the transactions today, the Company has now either sold or announced sales agreements for a total of 282 restaurants in 2013 as part of its System Optimization initiative. The […]

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Wendy’s Sells 23 Oregon And Washington Restaurants To Group W Partners

The Wendy’s Company (NASDAQ: WEN) has sold 23 restaurants in the greater Portland, Oregon area and Southwest Washington to Group W Partners, LLC, led by veteran Wendy’s franchisees Dan O’Brien and Doug Rich. The two also operate Bodan Incorporated, based in Boulder, Colorado, with 18 Wendy’s restaurants in Colorado, Wyoming […]

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Jack in the Box Inc. Refranchises 18 Restaurants in Beaumont, Texas, Market

Jack in the Box Inc. (NASDAQ: JACK) today disclosed the details of a refranchising transaction that was completed in May and included in the company’s third-quarter operating results, which were announced on August 7. On May 6, 2013, TLIG Restaurants, LLC acquired 18 Jack in the Box restaurants in the […]

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Wendy’s to Sell 425 Restaurants

Wendy’s reported a quarterly net income that came in above Wall Street expectations and said it’s selling 425 of its restaurants to franchisees, a move that’s expected to help boost its profit margins. Fast-food companies often own only a small percentage of their restaurants. This helps keep their operating costs […]

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Souper Salad Refranchises 16 Units to Date

LNC Ventures LLC, parent company of Souper Salad restaurants, has refranchised 16 units since its late-fall 2012 announcement that it would achieve a greater balance between franchise and company ownership of restaurants. At present, 22 of 45 Souper Salad units are franchise-owned. Several additional transfers are pending. “We are excited […]

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Arby’s Announces Two Major Franchise Deals for Southern California

Arby’s Restaurant Group, Inc., franchisor of the iconic quick-service sandwich chain with more than 3,400 Arby’s restaurants system-wide, announced the sale of 23 company operated restaurants in Southern California in two separate transactions with active and growing restaurant developers committed to investing in and growing the Arby’s brand. Tony Lutfi, […]

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Burger King Refranchises 94 Restaurants in Canada

Burger King Worldwide, Inc. today announced the sale of its Canadian subsidiary Burger King Restaurants of Canada, including 94 company-owned Burger King restaurants in the Canada market to Redberry Investments Corp., which is privately owned and operated by three shareholders, Robert Laverdure, Andreas Kragaris and Christian LeBrun. Through its ownership of […]

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Arby’s Inks 42-Unit Refranchising Deal With Veteran Restaurateur, Tony Lutfi

Arby’s Restaurant Group, Inc., franchisor of the iconic quick-service sandwich chain with more than 3,400 system-wide Arby’s restaurants, announced today the sale of 42 company-owned locations and development rights in Seattle, Wash., and Portland, Ore., to proven restaurateur, Tony Lutfi. In addition to remodeling at least 17 restaurants purchased in […]

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