Development

Carrols Restaurant Group, Inc. Completes Acquisition of 13 BURGER KING® Restaurants in Maryland

Carrols

Carrols Restaurant Group, Inc. (Nasdaq:TAST) announced that on June 11, 2019 it completed the acquisition of 13 BURGER KING® restaurants in the Baltimore, Maryland market.

 

Daniel T. Accordino, the Company's Chief Executive Officer, said, “We are pleased to complete this transaction which adds to our existing presence in the attractive mid-Atlantic region. These restaurants have average sales volumes of over $1.8 million, higher than our system average, and should be highly accretive as we integrate them with our existing operations.”

 

 

Carrols is one of largest restaurant franchisees in the United States, and currently operates a total of 1,078 restaurants. It is the largest BURGER KING® franchisee in the United States operating 1,023 BURGER KING® restaurants and also operates 55 POPEYES® restaurants. It has operated BURGER KING® restaurants since 1976.



Logos, product and company names mentioned are the property of their respective owners.