- 22 December, 2005 -
Arby's Restaurant Group, Inc. announced today that it has acquired 15 Arby's restaurants in the Indianapolis and South Bend, Indiana markets from Richard Best, president of Best Beef, Inc. and Lee-Leigh, Inc. Best and his family continue to own 16 Arby's restaurants in Indiana and South Carolina. This is the first acquisition since July 25, 2005, when the company began operating as Arby's Restaurant Group. "Acquisitions are a key component in our growth strategy as we look to consolidate markets," said Doug Benham, President & CEO of Arby's Restaurant Group, Inc. "We have a very strong presence and loyal customers in Indiana; this acquisition complements our existing business while creating operating efficiencies." With the newly acquired restaurants, Arby's Restaurant Group will own and operate 53 of the 82 locations in the Indianapolis DMA, and 12 of the 18 restaurants in the South Bend DMA. The restaurant employees will transition to Arby's Restaurant Group, and operate with the company's West Region, also based in Indianapolis. About Arby's Restaurant Group Arby's Restaurant Group, Inc. is an Atlanta-based company that is the franchisor of the Arby's restaurant system, which consists of nearly 3,500 restaurants worldwide. Of those restaurants, Arby's Restaurant Group is the owner and operator of more than 1,000 restaurants located in the United States. Founded in 1964, Arby's quick service restaurants specialize in offering slow roasted and freshly sliced roast beef sandwiches as well as its Market Fresh deli-style sandwiches, wraps and salads with the convenience of a drive-thru. Arby's offers guests a unique, better tasting alternative to traditional fast food with its one-of-a-kind menu items including the Beef n Cheddar, Curly Fries and Jamocha shakes. Arby's Restaurant Group also owns and operates the T.J. Cinnamons brand. Arby's Restaurant Group is a subsidiary of Triarc Companies, Inc. (NYSE: TRY, TRY.B). To learn more about Arby's unique tastes and franchising opportunities, please visit www.arbys.com.This article has been read 1545 times .
Arby??s Restaurant Group, Inc.
1155 Perimeter Center West, 12th Floor
Atlanta, GA
30338
Phone: (877) 273-8607