The newly acquired eateries stretch across the Lower Peninsula and include areas such as Detroit, Lansing, Saginaw, Flint, Ann Arbor and Pontiac.
July 21, 2015
Burger King franchisee GPS Hospitality today purchased 60 Burger King restaurants across Michigan from TEAM Schostak Family Restaurants. The newly acquired eateries stretch across the Lower Peninsula and include areas such as Detroit, Lansing, Saginaw, Flint, Ann Arbor and Pontiac, according to a company press release.
The Michigan acquisition marks the largest single-market purchase to date for GPS Hospitality and brings the total number of its franchise locations to 196. This is the third acquisition in partnership with Nonami Investments and The Cynosure Group, the company said.
"These new restaurants mark continued growth for GPS Hospitality in the Midwest, and we look forward to bringing our brand of service and guest experience to the people of Michigan," said Tom Garrett, CEO. "TEAM Schostak is a very established and highly regarded company, and we’ll continue their tradition of excellence. They have a great team in place, and we look forward to continuing to provide opportunities for growth for our people."