Arby’s Restaurant Group Inc., has sold 14 company-operated restaurants in Tampa in Florida’s West Coast to Mosaic Investments Inc., a growing restaurant developer committed to investing in and growing the Arby’s brand. Based in Atlanta, Georgia, the fully integrated investment firm is slated to start remodeling the existing locations at the end of 2014 and has committed to build 13 new Arby’s restaurants in the Tampa area over the next nine years. Murad Karimi is the Managing Partner of Mosaic Investments, a company that specializes in acquiring and managing operating businesses and real estate throughout the Southeast. Mosaic’s and its investment partners’ portfolio includes multi-unit operations for Moe’s Southwest Grill, Sprint PCS, Metro PCS and Exxon Mobil across the Southeast and Texas. Arby’s Restaurant Group operates and franchises more than 3400 of the sandwich restaurants worldwide.
CATEGORY: Quick Service
Chain Name: Arby’s
Company Name: Arby’s Restaurant Group Inc.
Street Address: 1155 Perimeter Center West, 12th Floor, Atlanta, Georgia 30338
Tel: 678/514-4100 Fax: 678/514-5346
Email: customerservice@arbys.com Website: www.arbys.com
Menu Specialty: Various sandwiches including roast beef, turkey, Reuben, chicken, etc with salads, beverages. Menu also includes a breakfast sandwich.
Introduced: Leroy and Forrest Raffel opened the first Arby’s sandwich shop in 1964 in Boardman, Ohio
No. of Locations: Over 3400 restaurants worldwide
Areas of Operation: Currently concentrating development efforts on the U.S. and Canada
Types of Location: Freestanding, in-line, non-traditional including airports, universities, etc., co-branding and conversions.
BusinessType (corp., franchise, jv): Corporate and Franchises
Size Req’d:
Special Requirements (patio, drive-thru, etc):
Contact Name: Paul Brown - CEO
George Condos – COO
Nils Okeson – Chief Administration Officer
Melissa Strait – Sen. Vice President, HR and Leadership Development
David Pipes – CFO
David Conkin – Sen. Vice President, Development
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
PARENT COMPANY: Arby’s Restaurant Group Inc., Atlanta, Georgia
Related Chains:
Last Report: Restaurant & QSR Expansion Report #113 Last Update:
NOTES, NAMES & NUMBERS:
CATEGORY: Quick Service
Chain Name: Arby’s
Company Name: Mosaic Investments
Street Address: 1707 Mt. Vernon Rd., Suite D, Atlanta, Georgia 30338
Tel: 770/821-5480 Fax: 770/671-1266
Email: info@mosaic-inv.com Website: www.mosaic-inv.com
Menu Specialty: Various sandwiches including roast beef, turkey, Reuben, chicken, etc with salads, beverages. Menu also includes a breakfast sandwich.
Introduced: Leroy and Forrest Raffel opened the first Arby’s sandwich shop in 1964 in Boardman, Ohio
No. of Locations: 14 in the Tampa, Florida area
Areas of Operation: Plans to add 13 Arby’s restaurants in thr Tampa, Florida area over nine years
Types of Location: Freestanding, in-line, non-traditional including airports, universities, etc., conversions.
BusinessType (corp., franchise, jv): Corporate
Size Req’d:
Special Requirements (patio, drive-thru, etc):
Contact Name: Murad Karimi – Managing Partner
Malik R. Karimi - Partner
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
PARENT COMPANY:
Related Chains: Moe’s Southwest Grill, Greater Atlanta.
Last Report: Restaurant & QSR Expansion Report #113 Last Update:
NOTES, NAMES & NUMBERS: