News

Arby's strikes deal with largest franchisee to open 70 units

Arby's Restaurant Group Inc, parent company of the franchisor of the Arby's brand, announced that it has reached a new development agreement with its largest franchisee, United States Beef Corporation, to open 70 new restaurants over the next seven years.

January 12, 2016

Arby's Restaurant Group Inc, parent company of the franchisor of the Arby's brand, announced that it has reached a new development agreement with its largest franchisee, United States Beef Corporation, to open 70 new restaurants over the next seven years. This equates to an average of 10 new restaurants per year between 2016 and 2022, according to a company press release.

"As an Arby's franchisee for nearly 50 years and the largest franchisee with 331 restaurants, U.S. Beef continues to exemplify the gold standard when representing our Brand," said Greg Vojnovic, chief development officer, Arby's Restaurant Group Inc. "Along with U.S. Beef's 12 new restaurants and five remodels in 2015, this new agreement will expand their footprint significantly and deliver a deli-inspired delicious Arby's experience to guests in many new areas."

As part of the agreement, U.S. Beef will continue its expansion in markets that include Denver, Grand Junction and Colorado Springs, Colorado, as well as Boise, Idaho, the release stated. They have also extended development commitments in their established markets in Oklahoma, Kansas, Missouri, Arkansas and southwest Illinois.

"This development commitment reaffirms our strong belief in the long-term growth of the Arby's brand," said John Davis, CEO of U.S. Beef. "We are thrilled to bring Arby's to several underpenetrated markets attracting many new guests as well as those who simply haven't been to Arby's in quite some time. We are confident that guests will love our high quality, Fast Crafted menu items and the new Inspire design of the restaurants."