The Largest Franchise Operator in the U.S. Just Acquired 32 More Wendy’s Locations, Adding to Its $4.5 Billion Portfolio
In a strategic move to bolster its quick-service holdings, Flynn Group has acquired 32 Wendy’s restaurants in the Indianapolis area. This acquisition increases Flynn’s Wendy’s locations to 309 across the United States, Restaurant Business Online (RBI) reported.
Greg Flynn, CEO of Flynn Group, emphasized the significance of this expansion in a statement to RBI: “Indianapolis is a market we know very well. So when we saw the opportunity to acquire additional Wendy’s locations, and with responsibility for 40% of the brand’s footprint in the market, we immediately pursued it.”
This acquisition is part of Flynn Group’s broader strategy to enhance its presence in the quick-service sector. Earlier this year, the company acquired 83 Wendy’s restaurants in New Jersey and Pennsylvania.
Founded in 1999, Flynn Group has grown into the world’s largest franchise operator, managing over 2,900 restaurants across brands such as Applebee’s, Arby’s, Taco Bell, Panera Bread, Pizza Hut and Wendy’s. The company generates more than $4.5 billion in annual sales, reflecting its significant impact on the franchise industry.
Greg Flynn‘s journey began with purchasing his first Applebee’s franchise in 1999. He has expanded his portfolio to include multiple brands, demonstrating a keen ability to identify and capitalize on growth opportunities within the franchise sector.
Related: Greg Flynn Owns 1,245 Restaurants and Makes $2 Billion A Year. Here’s How He Did It.
The recent acquisitions underscore Flynn Group’s commitment to strategic growth and its confidence in the Wendy’s brand. As the company continues to expand its footprint, it sets a benchmark for success in the franchise industry, showcasing the potential for growth through strategic acquisitions and brand diversification.
Read More: Restaurant Business Online
https://www.entrepreneur.com/franchises/the-largest-franchise-operator-in-the-us-acquires-32/483376