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About Arby's:
Arby's is a fast
food restaurant chain in
the United
States and Canada that is a wholly
owned subsidiary of Wendy's/Arby's Group. It is
primarily known for selling roast
beef sandwiches and
curly
fries. The company's target
market attempts to be more
adult-oriented than other fast food restaurants. The Arby's menu also includes chicken sandwiches,
appetizers,
salads, Market Fresh
(deli-style)
sandwiches, wraps, and
submarine sandwiches. Its
headquarters is in Sandy Springs, Georgia.[4][5]
There are more than 3,600 Arby’s restaurants. As of December
30, 2010, there were 1,169 company-owned restaurants, 2,367 franchised and 125 international locations, principally
in Canada. There are also locations in Qatar,
Turkey and
the United
Arab Emirates. It owns the franchise T.J.
Cinnamons that, as of December 2007, has 243 locations with 225 multi-branded with company stores. They are
currently only franchising the T.J. Cinnamons brand.[2] They also have six multi-branded
Pasta Connections. In 1998, an Arby's franchisee opened a restaurant in Colonial Heights, Va., that featured
the regular Arby's menu, plus Mexican, rotisserie chicken/vegetable, and Eskimo Pie lines. It, along with the
other "prototype" in the West End of Richmond, is the biggest Arby's in the world. They both feature the
expansive menus and have elegant interior design and spacious seating and expansive
ceilings.
Arby's was founded in Boardman,
Ohio, in 1964 by Forrest and Leroy Raffel,
owners of a restaurant equipment business who believed there was a market opportunity for a
fast
food franchise based on a
food other than hamburgers. The brothers
wanted to call their restaurants "Big Tex," but that name was being used by an Akron business.
Instead, they chose the name "Arby's," based on R.B., the initials of Raffel Brothers*.[6]
The Raffel brothers opened the first new restaurant
in Boardman,
Ohio, just outside Youngstown, on July 23,
1964. They initially served only roast beef sandwiches, potato chips and soft drinks. A year later, the first
Arby's licensee opened a
restaurant in Akron,
Ohio. The famous Arby's "hat" was designed by
the original signmakers, Peskin Sign Co.[7] (it continues to make signs for
Wendy's/Arby's Group). Expansion to other states began in 1968, beginning in Pittsburgh (the closest
large out-of-state market to Youngstown) and Detroit. The restaurants
were initially designed to be more upscale than their hamburger competitors.
During the 1970s, the expansion of Arby's took place at a rate
of 50 stores per year. During this time it created several menu items, including the Beef ’n Cheddar,
jamocha shakes, curly
fries and two signature sauces: Arby’s BBQ sauce and horsey sauce. By 1981 it added chicken along with opening
store number 1,000. It became the first restaurant in the fast food industry to offer a complete "lite" menu in
1991 with several sandwiches and salads under 300 calories and 94 percent fat free.[6]
On April 24, 2008, Wendy's announced that
it would sell itself to Triarc. According to
the New York
Times, the stock swap would go for $2.3 billion.[8] Triarc planned to change its
corporate name to include the Wendy's name. The headquarters of both Wendy's in Dublin and Arby's in Atlanta
would stay in place with Wendy's/Arby's Group, Inc., as the new corporate name and headquarters was also left
in Atlanta.[6]
Wendy's/Arby's and its Arby's franchise
subsidiary,
Arby's Restaurant Group, are
the largest owners of Arby's franchises. As stated in the 2007 Annual Report, ARG plans on opening 50 new stores
for themselves on top of the over 300 franchise locations that are currently opening, proposed, or under
development by franchises.[2]
While the chain has not been based in the Youngstown area for
many years, the chain still has a major presence in the area, including a location on the campus of
Youngstown State University as well as numerous sponsorship deals and events within the area. Today the Youngstown
market serves as a test
market for several products,
including breakfast (only
available at select locations) and the Roastburger lineup that was introduced in the area in November 2008,
three months before its national roll-out.
The nearby Pittsburgh area is also
a major market for Arby's, where for decades was the only overlapping area with Northeastern fast-food
chain Roy Rogers.
Until Hardee's unsuccessful
purchase of Roy Rogers in 1990, Arby's had a very minimal presence in the Baltimore/Washington, D.C. area.
However, since Roy Rogers' rapid decline after the Hardee's takeover (the two restaurants were separated when
their parent company at the time, Imasco, sold Hardee's
to Carl's
Jr. in 1997), Arby's has since expanded
its presence in these markets.
In January, 2011, it was announced that Wendy's/Arby Group were
looking into selling off the Arby's side of the business to focus on the Wendy's brand.[9] It was officially announced the
companies had split on January 21, 2011. [10]
Wendy's/Arby's Group, Inc (NYSE: WEN) is a holding
company for two major fast
food chains, Arby's and
Wendy's. Wendy’s/Arby’s Group has its headquarters
in Sandy Springs,
Georgia.[3][4]
The
company's principal subsidiaries, Arby's Restaurant Group, Inc.
(ARG) and Wendy's
International, are the
franchisors of Arby's and Wendy's restaurants, respectively. As of June 2008, the combined company
has over 10,000 restaurants in both chains. There were a total of 3,719 Arby's restaurants in the system,
including 1,169 Company-owned and 2,550 franchised locations. There were 6,625 Wendy's restaurants in operation
in the United States and in 21 other countries and territories. Of these restaurants, 1,402
were operated by Wendy's and 5,223 by Wendy's franchisees.
[5] The company is also a
franchisor of T.J.
Cinnamons and the Pasta Connection and owns 243
T.J. Cinnamons outlets and 6 Pasta Connection outlets.
Arby's Properties For Sale Across the United States :
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