Restaurant & QSR Expansion Report

Briad Acquires More Wendy’s Units…..

The-Briad-Group-Continues-Wendys-Expansion-Acquires-Five-Company-RestaurantsLivingston, New Jersey-based franchisee The Briad Group has acquired five restaurants in New Jersey from The Wendy’s Company.  The acquisition brings Briad’s total number of Wendy’s restaurants to 65. Briad has acquired a total of 23 Wendy’s restaurants in the last two years from the company and other franchise organizations. Last year, The group acquired eight Wendy’s locations in Manhattan and New Jersey. The company also built its first new unit in nine years, opening its Sicklerville, New Jersey location in September 2014. A second new-build in Mount Laurel opened late last year — the first Briad location to incorporate Wendy’s new Image Activation design concept. The Briad Group is a multi-concept restaurant and hospitality company with a restaurant portfolio that includes 65 Wendy’s restaurants, 64 TGI Fridays restaurants, 23 CUPS Frozen Yogurt shops with 45 more committed via area development agreements and nine Zinburger restaurants with eight in development.  The company’s holdings also include The Promenade Shops at Clifton, a 150,000 square feet lifestyle shopping center and two hotels, two more under construction and 15 in development.


header2

CATEGORY:  Quick Casual

Chain Name:  Wendy’s Old Fashion Hamburgers

Company Name: The Briad Group (franchisee)

Street Address: 78 Okner Parkway, Livingston, New Jersey 07039 

Tel:  973/597-6433          Fax: 973/597-6422

Email:                                      Website:  www.briad.com   

Menu Specialty: Hamburgers

Introduced:  Brad Honigfeld launched The Briad Group in October 1987 in Princeton, New Jersey.

No. of Locations:  38 Wendy’s locations in the New York/New Jersey DMA and 27 in the Philadelphia DMA.

Areas of Operation:  New York, New Jersey and Philadelphia

Types of Location:  Freestanding, Pads, etc.

BusinessType (corp., franchise, jv):  

Size Req’d: 

Special Requirements (patio, drive-thru, etc): 

Contact Name:  Brad Honigfeld - Chief Executive Officer
Rick Barbrick – President, Chief Operating Officer  (rbarbrick@briad.com)
Dave Cahill - Senior Vice President, Chief Financial Officer
Marlene G. Laveman – Vice President, General Counsel (mlaveman@briad.com)
James Ardizzone – Vice President, Restaurant Development (jardizzone@briad.com)

REAL ESTATE REPRESENTATIVES:

FRANCHISE REPRESENTATIVES:

PARENT COMPANY:

Related Chains:  TGI Fridays, CUPS Frozen Yogurt, Zinburger

Last Report: Restaurant & QSR Expansion Report #130  Last Update:

NOTES, NAMES & NUMBERS:

 

s2Member®