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Inspire Brands LLC is an American fast-food restaurant franchise company. Owned by Roark Capital Group, it owns the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts, and Baskin-Robbins chains, which have a combined 31,700 locations and US$30 billion in system sales.
An Arby's restaurant with a vintage sign in Midland, Michigan (2006). Arby's was founded in Boardman Township, Ohio, on July 23, 1964, by brothers Forrest (1922–2008) [15] and Leroy Raffel (1927–2023), [16] owners of a restaurant equipment business who thought there was a market opportunity for a fast food franchise based on a dish other than hamburgers.
[27] [28] It was officially announced on January 20, 2011, that the group would seek a buyer for its Arby’s Group with 3,700 restaurants. [29] On June 13, 2011, Wendy's/Arby's Group Inc. announced that it would sell the majority of its Arby's chain to Roark Capital Group, maintaining an 18.5% stake in the company. [30]
Miracle Restaurant Group, which was formed in 2005, owns and operates 25 Arby’s restaurants across the country, down from 60 locations when it first filed for bankruptcy in 2010.
Flynn Group LP is a major operator of franchise restaurants and health clubs. They operate approximately 2,600 franchise locations around the world, primarily Applebee’s, Pizza Hut, Arby's, Wendy's, Taco Bell, Panera Bread and Planet Fitness.
The same 91-year-old owner of the Arby's on Sunset Boulevard in Los Angeles operated the restaurant for 55 years. Here's why the family called it quits.
Arby's franchisee Miracle Restaurant Group filed for Chapter 11 bankruptcy ... again. Are locations closing in Illinois, Indiana and Texas? What to know
The firm is focused on leveraged buyout investments in middle-market companies, primarily in the franchise/multi-location, restaurant and food, health and wellness, and business services sectors. It is named for Howard Roark , the protagonist in Ayn Rand 's novel The Fountainhead .