Wendy’s in Quebec and New York Land New Owners

Photo by Batu Gezer on Unsplash
Photo by Batu Gezer on Unsplash

More than four dozen Wendy’s restaurants are under new ownership in two separate, recent deals.

Forty-four Long Island, New York area restaurants formerly owned by The Wendy’s Company went to Delight Restaurant Group in the larger acquisition, while 13 franchised locations in the province of Quebec have been transferred from DP Murphy (Quebec) Inc. to Compass Restaurant Group’s Kathryn and John Chayka.

Earlier this year, Delight Restaurant Group acquired 54 Wendy’s in North Carolina as part of the NPC bankruptcy sale process.

Both franchisees plan to build out new Wendy’s, with Compass’ development plans expected to double the chain’s footprint in the Quebec area by the end of 2025.

“At Wendy’s, we see tremendous opportunity in Quebec with more than a quarter of the population living there and only 3% of our Wendy’s Canadian restaurants,” said Abigail Pringle, president, international and chief development officer at The Wendy’s Company, in a press release.

RELATED CONTENT

OddBurger

Vegan Restaurant Brand Signs 40-Unit Deal

The agreement marks the second in the U.S. for the Ontario-based vegan concept.

KrowneSmartFactory

Krowne Invests in $20M Expansion

The plan includes acquiring facilities, constructing a smart factory and opening a new headquarters.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -