Arby's To Develop 35 New Locations

Arby's To Develop 35 New Locations

Food & Drink

Arby's To Develop 35 New Locations

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Arby’s® Restaurant Group, Inc., a subsidiary of Triarc Companies, Inc., has announced that it has signed development agreements with new and existing franchisees to open an additional 35 Arby’s® restaurants throughout the U.S.

The commitments, which are with five new and eight existing franchisees, call for the development of Arby’s restaurants in California, Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, and West Virginia.

‘I am extremely excited about this latest round of signings,’ said Tom Garrett, President and COO, Arby’s Restaurant Group, Inc. ‘This continued momentum falls right in line with our long term expansion goals of reaching more Arby’s enthusiasts from coast to coast.’

Development agreements signed with existing franchisees in the first quarter of 2008 are
highlighted below:

â‹… Jeff Davis, CEO of United States Beef Corporation, Arby’s largest franchisee with 252
restaurants across the United States, has agreed to open 11 more Arby’s restaurants in
Kansas, Missouri and Oklahoma.

â‹… Dennis Wells, who operates 24 Arby’s throughout the state of Texas, has committed to
open four more restaurants in Austin and San Antonio.

â‹… Joe Don Pulliam, an Arby’s franchisee for 24 years, currently owns and operates 15
restaurants in Texas and Louisiana. Pulliam has agreed to open three additional
restaurants in Lafayette, Louisiana.

â‹… Daniel Ream, of Armore Development Company, owns two Arby’s restaurants in
Lewisburg and Fayetteville, West Virginia. Ream recently signed on to open a third
Arby’s restaurant in Bridgeport, West Virginia.

â‹… CarolineCo, L.P. d/b/a Love’s Country Stores, Inc., an Arby’s franchisee for over nine
years, operates 36 Arby’s throughout the U.S. Love’s recently signed a development
agreement to open an Arby’s in Morehead, Kentucky.

â‹… Chris Cooper, a franchisee since 2006, has signed on to open one Arby’s restaurant in
Ironwood, Michigan. Cooper currently operates four Arby’s in Escanaba, Iron Mountain
and Manistique, Michigan.

â‹… SMB Restaurants, LLC, currently owns and operates 14 Arby’s restaurants throughout
Virginia. SMB has agreed to develop one additional Arby’s in Driver, Virginia.

â‹… Robert Sloan, a franchisee since 1992, currently owns and operates an Arby’s restaurant
in the Nashville market. Sloan’s second Arby’s is scheduled for Gordonsville, Tennessee.

Arby’s currently operates approximately 3,700 restaurants worldwide, 1,100 of which are located within the United States.

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