Flynn Group, the world's largest franchisee operator of restaurants and fitness clubs, is exploring a majority stake sale that could value it at more than $5 billion, including debt, according to people familiar with the matter. Flynn Group, which operates Applebees, Taco Bell, Panera Bread, Arby's, Pizza Hut, Wendy's and Planet Fitness franchises, is working with Bank of America on a sale process, the sources said. Flynn Group, which is based in San Francisco, generates over $450 million of annual earnings before interest, taxes, depreciation and amortization, according to the sources.
Flynn Group, the world s largest
franchisee operator of restaurants and fitness clubs, is
exploring a majority stake sale that could value it at more than
$5 billion, including debt, according to.
By Abigail Summerville (Reuters) - Flynn Group, the world s largest franchisee operator of restaurants and fitness clubs, is exploring a majority stake .
Flynn Group, the world’s largest franchisee operator of restaurants and fitness clubs, is exploring a majority stake sale that could value it at more than US$5-billion