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Denny's Properties For Sale 

    



Interested in Purchasing a Denny's Property for Investment?

 

If you wish to purchase a Denny's property for investment, please email info@nnndeals.com; We have access to an extensive inventory of nnn lease Denny's  Properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

 

Denny's

 

 
Price: 

$1M - $3M


Lease Term
:


15 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate and Franchise
CAP Rate Ranges:
6% – 7%
Name  Denny's 
Public
Traded as NASDAQDENN
Industry Restaurants
Genre Family dining
Founded 1953; 62 years ago
Headquarters Spartanburg, South Carolina,U.S.
Number of locations
1,700[1]
Revenue US$$538.53 million (2011)
US$50.97 million (2011)
US$112.29 million (2011)
Total assets US$350.50 million (2011)
Total equity US$(-9.68) million (2011)
Slogan

America's Diner. (America)

Canada's Diner. (Canada)
Website dennys.com

   

About Denny's :

Denny's (also known asDenny's Diner on some of the locations' signage) is a full-service pancake house/coffee shop/fast casual family restaurant chain. It operates over 1,600 restaurants in the United States, Puerto Rico, Guam, Canada, Dominican Republic, El Salvador, Curaçao, Costa Rica, Venezuela, Honduras, Japan(transliterated as デニーズDenīzu ), Mexico, New Zealand, Qatar, and the United Arab Emirates.

Denny's is known for always being open, serving breakfast, lunch, dinner, and dessert around the clock. Unlike many other restaurant chains, Denny's does not close on holidays or nights, except where required by law. Many of their restaurants are located in proximity to freeway exits, bars, and in service areas. Denny's started franchising in 1963, and most Denny's restaurants are now franchisee-owned.[2] 

Harold Butler and Richard Jezak opened Danny's Donuts in Lakewood, CA in 1953.[2] In 1955, after Jezak's departure from the then-6-store chain, Butler created and changed the concept a year later in 1956, shifting it from a donut shop to a coffee shop with store #8. Danny's Donuts was renamed Danny's Coffee Shops and changed its operation to 24 hours.[2] In 1959, to avoid confusion with Los Angeles restaurant chain Coffee Dan's, Butler changed the name from Danny's Coffee Shops to Denny's Coffee Shops. Two years later, in 1961, Denny's Coffee Shops was simply renamed Denny's.[2] The business continued to expand, and by 1981, there were over 1,000 restaurants in all 50 U.S. states. The company absorbed many of the old Sambo's restaurants, and used their mid-century design in all their future restaurants. In 1977, Denny's introduced the still-popular Grand Slam breakfast. In 1994, Denny's became the largest corporate sponsor of Save the Children, a national charity. All but six Denny's closed for the first time ever on Christmas 1988; many of the restaurants were built without locks, and some had reportedly lost their keys.[3] 

Denny's main office was located in Irvine, California, until 1991. At that time, the office was moved to the Spartanburg, South Carolina, headquarters of the parent companyTrans World Corporation (TW Corporation) that acquired Denny's in 1987. In 1992, private equity firm, Kohlberg Kravis Roberts acquired a 47% interest in TW Corporation, later known as The Flagstar Companies, and encouraged the company to sell non-core businesses.[4] Eventually, Denny's operations dominated the parent company to such an extent that The Flagstar Companies changed its name again toDenny's Corporation. It now trades on the NASDAQ under the symbol DENN. 

For much of its history, Denny's offered a free meal to anyone on his/her birthday. The offer included a limited number of meal options from a special birthday menu. The promotional ritual ceased in 1993; though occasionally individual franchises will continue the tradition. Since 2009 its restaurants offer a free Build-Your-Own Grand Slam on the customer's birthday. 

In 1994, Denny's began renovating its stores, with a lighter color scheme; select locations also began serving Baskin-Robbins ice cream for a short time. Houston, Texas was the test market for the chain-wide renovation.[5] 

 

Denny's Properties For Sale Across the United States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming  



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