In a strategic transfer to bolster its quick-service holdings, Flynn Group has acquired 32 Wendy’s eating places within the Indianapolis space. This acquisition will increase Flynn’s Wendy’s areas to 309 throughout america, Restaurant Enterprise On-line (RBI) reported.
Greg Flynn, CEO of Flynn Group, emphasised the importance of this enlargement in a statement to RBI: “Indianapolis is a market we all know very nicely. So once we noticed the chance to amass further Wendy’s areas, and with duty for 40% of the model’s footprint out there, we instantly pursued it.”
This acquisition is a part of Flynn Group’s broader technique to boost its presence within the quick-service sector. Earlier this 12 months, the corporate acquired 83 Wendy’s eating places in New Jersey and Pennsylvania.
Based in 1999, Flynn Group has grown into the world’s largest franchise operator, managing over 2,900 eating places throughout manufacturers reminiscent of Applebee’s, Arby’s, Taco Bell, Panera Bread, Pizza Hut and Wendy’s. The corporate generates greater than $4.5 billion in annual sales, reflecting its vital influence on the franchise business.
Greg Flynn‘s journey started with buying his first Applebee’s franchise in 1999. He has expanded his portfolio to incorporate a number of manufacturers, demonstrating a eager potential to establish and capitalize on progress alternatives throughout the franchise sector.
Associated: Greg Flynn Owns 1,245 Restaurants and Makes $2 Billion A Year. Here’s How He Did It.
The current acquisitions underscore Flynn Group’s dedication to strategic progress and its confidence within the Wendy’s brand. As the corporate continues to increase its footprint, it units a benchmark for achievement within the franchise business, showcasing the potential for progress by means of strategic acquisitions and model diversification.
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