Arby's Properties For
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$1.5M - $3M
15 – 20 Years
10% Every 5 years
20 – 40 Years
Corporate and Franchisee
Arby's is a privately owned company.
Arby's is the
second largest fast food restaurant chain in the United States and Canada that is a wholly owned subsidiary of
Wendy's/Arby's Group. It is primarily known for selling roast beef sandwiches and curly fries. The company's
target market attempts to be more adult-oriented than other fast food restaurants. The Arby's menu also includes
chicken sandwiches, appetizers, salads, Market Fresh (deli-style) sandwiches, wraps, and submarine sandwiches.
Its headquarters is in Sandy Springs, Georgia.
Group acquired the company in July 2011 and owns 81.5% of the company, with The Wendy's Company owning the other
18.5%. In addition to its classic Roast Beef and Beef 'n Cheddar sandwiches, Arby's products also include
deli-style Market Fresh line of sandwiches, Curly Fries and Jamocha Shakes. Its headquarters is in Sandy
There are more
than 3,400 Arby’s restaurants, 956 company-owned restaurants, 2,448 franchised and 125 international locations,
principally in Canada. There are also locations in Qatar, Turkey and the United Arab Emirates. It owns the
franchise T.J. Cinnamons that, as of December 2007, has 243 locations with 225 multi-branded with company
stores. They are currently only franchising the T.J. Cinnamons brand. They also have six multi-branded Pasta
Connections. In 1998, an Arby's franchisee opened a restaurant in Colonial Heights, Va., that featured the
regular Arby's menu, plus Mexican, rotisserie chicken/vegetable, and Eskimo Pie lines. It, along with the other
"prototype" in the West End of Richmond, is the biggest Arby's in the world. They both feature the expansive
menus and have elegant interior design and spacious seating and expansive ceilings.
founded in Boardman, Ohio, in 1964 by Forrest and Leroy Raffel, owners of a restaurant equipment business who
believed there was a market opportunity for a fast foodfranchise based on a food other than hamburgers. The
brothers wanted to call their restaurants "Big Tex," but that name was being used by an Akron business. Instead,
they chose the name "Arby's," based on R.B., the initials of Raffel Brothers*.
brothers opened the first new restaurant in Boardman, Ohio, just outside Youngstown, on July 23, 1964. They
initially served only roast beef sandwiches, potato chips and soft drinks. A year later, the first Arby's
licensee opened a restaurant in Akron, Ohio. The famous Arby's "hat" was designed by the original signmakers,
Peskin Sign Co. (it continues to make signs for Wendy's/Arby's Group). Expansion to other states began in
1968, beginning in Pittsburgh (the closest large out-of-state market to Youngstown) and Detroit. The restaurants
were initially designed to be more upscale than their hamburger competitors.
During the 1970s,
the expansion of Arby's took place at a rate of 50 stores per year. During this time it created several menu
items, including the Beef ’n Cheddar, jamocha shakes, curly fries and two signature sauces: Arby’s BBQ sauce and
horsey sauce. By 1981 it added chicken along with opening store number 1,000. It became the first restaurant in
the fast food industry to offer a complete "lite" menu in 1991 with several sandwiches and salads under 300
calories and 94 percent fat free.
On April 24,
2008, Wendy's announced that it would sell itself to Triarc. According to the New York Times, the stock swap
would go for $2.3 billion. Triarc planned to change its corporate name to include the Wendy's name. The
headquarters of both Wendy's in Dublin and Arby's in Atlanta would stay in place with Wendy's/Arby's Group,
Inc., as the new corporate name and headquarters was also left in Atlanta.
and its Arby's franchise subsidiary, Arby's Restaurant Group, are the largest owners of Arby's franchises. As
stated in the 2007 Annual Report, ARG plans on opening 50 new stores for themselves on top of the over 300
franchise locations that are currently opening, proposed, or under development by
While the chain
has not been based in the Youngstown area for many years, the chain still has a major presence in the area,
including a location on the campus of Youngstown State University as well as numerous sponsorship deals and
events within the area. Today the Youngstown market serves as a test market for several products, including
breakfast (only available at select locations) and the Roastburger lineup that was introduced in the area in
November 2008, three months before its national roll-out.
Pittsburgh area is also a major market for Arby's, where for decades was the only overlapping area with
Northeastern fast-food chain Roy Rogers. Until Hardee's unsuccessful purchase of Roy Rogers in 1990, Arby's had
a very minimal presence in the Baltimore/Washington, D.C. area. However, since Roy Rogers' rapid decline after
the Hardee's takeover (the two restaurants were separated when their parent company at the time, Imasco, sold
Hardee's to Carl's Jr. in 1997), Arby's has since expanded its presence in these markets.
In January, 2011,
it was announced that Wendy's/Arby Group were looking into selling off the Arby's side of the business to focus
on the Wendy's brand. It was officially announced the companies had split on January 21, 2011.
Group, Inc (NYSE: WEN) is a holding company for two major fast food chains, Arby's and Wendy's. Wendy’s/Arby’s
Group has its headquarters in Sandy Springs, Georgia.
Arby's Properties For Sale Across the United States :