Arby's is an American fast food sandwich restaurant chain with more than 3,300 restaurants system wide and third in terms of revenue.[1] In October 2017, Food & Wine called Arby's "America's second largest sandwich chain (after Subway)".[2]
Arby's is owned by Inspire Brands, the renamed Arby's Restaurant Group, Inc. (ARG). ARG was renamed as the company took over ownership of Buffalo Wild Wings on February 5, 2018.[3][4]
Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011 and now wholly owns Inspire Brands. The Wendy's Company held a minority stake of 18.5% in Arby's after the acquisition by Roark Capital; that share was reduced to 12.3% upon the purchase of Buffalo Wild Wings, and was sold back to Inspire Brands on August 16, 2018, for 450 million dollars, a 38 percent premium.[5]
In addition to its classic Roast Beef and Beef 'n Cheddar sandwiches,[6] Arby's products also include deli-style Market Fresh line of sandwiches, Greek gyros, Curly Fries and Jamocha Shakes.[6] Its headquarters are in Sandy Springs, Georgia, a suburb of Atlanta which uses Atlanta mailing addresses.[7] In 2019, there were 3,472 restaurants.[8] There are locations in five countries outside the United States: Canada, Turkey, Qatar, Kuwait, Egypt, and South Korea.
References[]
- ↑ Oches, Sam (August 2013). The QSR 50 Sandwich Segment. Journalistic Inc.. Archived from the original on August 11, 2013. Retrieved on March 9, 2016.
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- ↑ Wendy's Sells Inspire Brands Stake for $450 Million (August 16, 2018).
- ↑ 6.0 6.1 Template:Cite press release
- ↑ Cite error: Invalid
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- ↑ Arby's Franchise Information (en).
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