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Arby’s – an Incredible Restaurant Chain Group Worldwide offering Trademark MeatsAbout Arby’s:
Arby’s Restaurant Group Inc. emerges as the third most popular and largest quick-service restaurant chain for delectable sandwiches across US in terms of both revenue and number of units available. Having widespread presence, the company owns a total of 3300 outlets across US and other parts of the world too among which about 1100 are company-owned while rest are franchises. This is not just enough for the company, it still strives harder to open up its as many branches in the world as it can.
It is looking for suitable development deals internationally to expand its reach across global borders and open its master franchisee. Being fully owned subsidiary of the Arby’s /Wendy’s Group, it is continuously emerging as profit earning company for the investors over the past years.
It’s streaking market position
Being a private owned company, Arby’s group occupies a respectable financial status over the years. According to the Forbes business magazine, the company is showing repeated turnaround success over past nine consecutive quarters. With every passing year, its profit growth is tremendously increasing nearly about 85 percent. On this, the financial analysts of QSR magazine estimate a total value of $335 million to $600 million.
Moreover, according to the financial analysis of Hoovers, the company holds a strong financial position in the market. The overall revenue that the company owns today is $1,117.571 coming from all the 3300 restaurants. In a recent interview with the Street, the CEO of Arby’s Paul Brown states that company’s sales will tend to streak even during the 3rd quarter of the financial year.
As per the reports of the Street, the company’s system wide sales across the US rose up to 8.6 percent in the year 2015. In fact, its tremendous growth rate is outpacing even the larger food chains like Restaurant brands’ (QSR), Sonic (SONC), Wendy’s (WEN), McDonald’s (MCD) and burger King chains. Earlier, in 2015, the company also agreed to open its 25 new franchises in Kuwait.
The story behind its existence
Being a top-selling company of restaurant food chains popular for its meats, the company lays its foundation back on July 23, 1964 at Boardman in Ohio under the vision of Leroy Raffel and Forrest. They had a strong belief that a great market opportunity awaits for the food chain of fast food franchises and hamburgers. Popularly known as R B brothers, they named the company as Arby’s.
Having its headquarters in Georgia, US, the company today owns more than 3300 stores worldwide. In the year 2008, a big turnover came in the operations of the company named Triarc purchased the Wendy’s group and named it as Wendy’s /Arby’s group. Going through numerous leaps and bounds, the company announced to sell its Arby’s side in the year 2011 in order to focus on the core business of Wendy’s brand.
As per its announcement, the company sold the Arby’s chain to the renowned Roark Capital group, still maintaining a stake of 18.5 percent. Moreover, the major credit of this successive growth of the company goes to its dedicated employees. At present, the company holds an overall strength of 70000 employees.
Its continuous expansion
With a constant aim of achieving the ultimate heights of success, the company is continuously striving to expand its reach across new locations worldwide. It is primarily looking for ideal locations to make large level of investments with at least 10 franchises. The price may range from $1.5M to $3M. It is inviting applications for suitable locations on lease for at least 15 to 20 years. However, you may further extend it from 20 to 40 years.
Arby’s Properties For Sale Across the United States :
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands, Washington, West Virginia, Wisconsin, Wyoming