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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 places 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 after we noticed the chance to amass further Wendy’s places, and with accountability for 40% of the model’s footprint available in the market, we instantly pursued it.”
This acquisition is a part of Flynn Group’s broader technique to reinforce its presence within the quick-service sector. Earlier this yr, 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 important impression 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 means to determine and capitalize on development alternatives inside 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 development and its confidence within the Wendy’s brand. As the corporate continues to broaden its footprint, it units a benchmark for fulfillment within the franchise business, showcasing the potential for development by way of strategic acquisitions and model diversification.
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