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Delight Restaurant Group Announces Acquisition of 44 Wendy's Restaurants From the Wendy's Company

Delight Restaurant Group has announced the acquisition of 44 Wendy’s® restaurants on Long Island, New York. As part of the transaction, Delight Restaurant Group plans to build several new Wendy’s restaurants in the area and remodel certain acquired restaurants under the brand’s Image Activation initiative.
The 44 restaurants employ more than 1,200 team members. The Wendy’s restaurants were previously owned and operated by The Wendy’s Company.
Delight Restaurant Group is a high performing and growth-oriented restaurant franchisee founded by Managing Partners Andrew and Richard Krumholz in 2016. Delight Restaurant Group is one of the Restaurant Finance Monitor’s Top 200 Largest Franchisees in the United States with total revenue of $290+ million and 155 Wendy’s and Taco Bell restaurants. This is Delight Restaurant Group’s second acquisition this year after acquiring 54 Wendy’s in North Carolina as part of the NPC bankruptcy sale process. Delight Restaurant ....

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Delight Restaurant Group Announces Acquisition of 44 Wendy's Restaurants From the Wendy's Company

Delight Restaurant Group Announces Acquisition of 44 Wendy's Restaurants From the Wendy's Company
restaurantnewsrelease.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from restaurantnewsrelease.com Daily Mail and Mail on Sunday newspapers.

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Delight Restaurant Group Announces Acquisition of 44 Wendy's Restaurants From the Wendy's Company

Delight Restaurant Group Announces Acquisition of 44 Wendy's Restaurants From the Wendy's Company
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Wendy's: Delight Restaurant Group buys 44 of the burger joint's outlets in the US

DRG’s plans for its Wendy’s deal
It was reported that Delight Restaurant Group is planning to build some new Wendy’s fast-food outlets in the said states and this is part of the deal. It will also be redesigning some of the restaurants that were part of the acquisition.
Moreover, the group is looking to strengthen its presence in the fast-food market through the purchase and new unit development. Verdict Food Service mentioned that the value of Wendy’s deal is unknown as it has not been disclosed to the public.
We are excited to continue and build on the strong performance of Wendy s restaurants in the Long Island market,” Delight Restaurant Group’s managing partner, Andrew Krumholz, said in a press release. “We have an amazing team in place and look forward to making a positive difference in our communities. ....

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Delight Restaurant Group Announces Acquisition Of 44 Wendy's Restaurants From The Wendy's Company

Delight Restaurant Group Announces Acquisition Of 44 Wendy's Restaurants From The Wendy's Company
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