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NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida .
Carrols Restaurant Group, Inc. is an American franchisee company and is the largest Burger King franchisee in the world; Carrols owns and operates over 1,000+ Burger Kings, and 55 Popeyes restaurants. The company has operated Burger Kings since 1976 in locations across 23 U.S. states. [4]
A former 1970s-era Burger Chef in Essexville, Michigan, occupied by health offices, as seen in October 2008 A former Pup 'N' Taco restaurant on old Route 66, Albuquerque, New Mexico. Ameche's Drive-in – Five suburban locations in metropolitan Baltimore. Burger Chef; Burger Queen/Druther's – chain based in Louisville, Kentucky. It was ...
The complex will replace the two-story Burger King on a corner lot and an empty single-story retail building at 1100 Fifth St., according to Amit Khurana, founding partner of the New York-based ...
Burger King Holdings was the parent company of Burger King when it went public in 2002. [67] Burger King derived its income from several sources, including property rental and sales through company owned restaurants; [ 67 ] however, a substantial portion of its revenue was dependent on franchise fees. [ 67 ]
A California limited liability company called "Alosta NNN" this week acquired the 5.7-acre property at 2620 N. Main St., which includes a former shopping center building being redeveloped for a ...
[9] [10] In May, the company opened a franchised store in Myrtle Beach, South Carolina, the first location outside the state of North Carolina. [11] The first international locations followed in 2014 with openings in Abu Dhabi. [12] The Abu Dhabi location later closed. In 2013, Hwy 55 was named a top-40 food franchise by the Franchise Business ...
By 2001 and nearly eighteen years of stagnant growth, many of Burger King's franchises were in some sort of financial distress. The lack of growth severely impacted BKC's largest franchise, the nearly 400 store AmeriKing; by 2001 the company, which until this point had been struggling under a nearly $300 million debt load and been shedding store across the US, was forced to enter Chapter 11 ...