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Arby's Signs Four Franchise Agreements to Develop 30 New
Locations
FORT LAUDERDALE, Fla., Sept. 2 /PRNewswire/ -- Arby's Franchise Trust has
announced the signing of four multi-unit development agreements with existing
franchisees to develop 30 new Arby's restaurants in the next four years. These
agreements provide for the development of new Arby's restaurants in Nebraska,
Iowa, Illinois, Wisconsin, Virginia and North Carolina.
"It is especially gratifying that four long-term franchise organizations have
strengthened their commitment to Arby's," said Jordan Krolick, Senior Vice
President of Business Development. "These new locations will showcase the
renewed enthusiasm and excitement for the Arby's experience while providing our
guests more convenience."
The following are details of each signed development agreement:
- Matt Johnson, president and CEO of DRM, Inc. has agreed to develop 16
new Arby's locations in four states. DRM is one of Arby's 10 largest
franchisees with over 58 restaurants in Iowa, Wisconsin, Nebraska and
Illinois. The Johnson family has been Arby's franchise owners since
1968.
- Joe Brumit, president of The Winning Team, Inc., has committed to
develop four new Arby's restaurants over the next three years. He
currently owns and operates 36 Arby's locations in North Carolina, and
has been a franchisee since 1988.
- Richard Ripp, president of The Restaurant Company, has agreed to add
five new Arby's in the next five years to his current 17 located in
Virginia. Ripp's units are among the highest sales leaders in the
company. He has been an Arby's franchise owner since 1967.
- Oren Trefz and Paul Trefz, owners of Trefz & Trefz, Inc., have
committed to develop five new Arby's restaurants in North Carolina.
They currently own and operate five locations in Georgia, 10 in South
Carolina and eight restaurants in North Carolina. They have been
franchisees since 1970.
Arby's, LLC is an innovative restaurant company, bringing consumers fresh and
unique tasting food, which provides growth opportunities for both our existing
and new franchisees. As of August 1, 2004, Arby's services more than 3,450
franchised restaurants in 48 states and five countries with system wide sales
of over $2.7 billion. Arby's is a subsidiary of Triarc Companies, Inc. (NYSE:
TRY; TRY.B). Arby's, LLC also services the Pasta Connection and T.J. Cinnamons
brands. Learn more about Arby's unique tastes and franchising opportunities at
http://www.arbys.com/ .
DATASOURCE: Arby's, LLC
CONTACT: Cathie Koch, Director, Corporate Communications,
+1-404-467-6849, for Arby's, LLC
Web site: http://www.arbys.com/