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 areas to 309 throughout america, Restaurant Enterprise On-line (RBI) reported.
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Greg Flynn, CEO of Flynn Group, emphasised the importance of this growth in a press release to RBI: “Indianapolis is a market we all know very properly. So after we noticed the chance to accumulate extra Wendy’s areas, 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 boost its presence within the quick-service sector. Earlier this 12 months, the corporate acquired 83 Wendy’s eating places in New Jersey and Pennsylvania.
Associated: The Largest Franchise Operator within the U.S. Owns 2,800 Areas — And He Simply Added 83 Wendy’s to His Portfolio
Based in 1999, Flynn Group has grown into the world’s largest franchise operator, managing over 2,900 eating places throughout manufacturers resembling Applebee’s, Arby’s, Taco Bell, Panera Bread, Pizza Hut and Wendy’s. The corporate generates greater than $4.5 billion in annual gross sales, reflecting its important impression on the franchise trade.
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 Eating places and Makes $2 Billion A Yr. Here is How He Did It.
The latest acquisitions underscore Flynn Group’s dedication to strategic development and its confidence within the Wendy’s model. As the corporate continues to develop its footprint, it units a benchmark for achievement within the franchise trade, showcasing the potential for development by means of strategic acquisitions and model diversification.
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