Arby's Signs Four Franchise Agreements to Develop 30 New Locations
September 02 2004 - 9:00AM
PR Newswire (US)
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/
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