Arby's
Arby's Restaurant Group, Inc. (/ˈɔːrbiz/) is the second largest quick-service sandwich chain in the U.S. with more than 3,400 restaurants system wide.
Roark Capital Group acquired the company in July 2011 and owns 81.5% of the company, with The Wendy's Company owning the other 18.5%. In addition to its classic Roast Beef and Beef 'n Cheddar sandwiches, Arby's products also include deli-style Market Fresh line of sandwiches, Curly Fries and Jamocha Shakes. Its headquarters is in Sandy Springs, Georgia.
As of December 31, 2015, there were 2369 restaurants. There are international locations in four countries outside of the United States: Canada, Turkey, United Arab Emirates and Qatar.
History
Arby's was founded in Boardman, Ohio, in July 23, 1964 by Forrest (1922–2008) and Leroy Raffel (1926), 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 already used by an Akron business. Instead, they chose the name "Arby's", based on R. B., the initials of Raffel Brothers.
Restaurant Group
The Restaurant Group plc is a British chain of restaurants and public houses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The Company was originally founded in 1987 as City Centre Restaurants plc with the objective of owning and managing the Garfunkel’s chain of restaurants.
In the late 1980s the Company bought the Mexican chain Chi Chi’s and renamed it Chiquito. Then in 1995 it opened its first Frankie & Benny's in Leicester.
On 14 January 2004 The Company changed its name to The Restaurant Group plc. In February 2004 it made an unsuccessful bid for Ask Central plc and in 2006 it bought back the Deep Pan Pizza chain which it had previously sold to the management.
Operations
The Company operates around 350 restaurants and public houses under the Frankie & Benny's, Chiquito, Garfunkel's, Filling Station, Home Counties Pub Restaurants, Coast to Coast and Brunning & Price brands.
See also
References
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