---
title: "Wendy’s announces plans to sell 640 company-owned restaurants"
url: https://burnaze.com/article/2f7f8096-180f-4ce3-b763-473e43795fe4
source: "1851 Franchise"
original_url: https://1851franchise.com/wendys-announces-plans-to-sell-640-company-owned-restaurants-1591
category: "Restaurants"
industry: "Restaurants"
published: 2015-05-06T21:16:00.000Z
modified: 2026-11-01T12:20:58.551Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/81d4129424e0df0f6d0b85dfae45c3124763.jpg
---

# Wendy’s announces plans to sell 640 company-owned restaurants

**TL;DR:** Wendy's plans to sell 640 company-owned restaurants to franchisees to increase cash and lower expenses. The brand expects to generate $400-$475 million in pretax income from the sale.

*originally published in 1851 Franchise on 2015-05-06. [Read the original](https://1851franchise.com/wendys-announces-plans-to-sell-640-company-owned-restaurants-1591).*

## Story

On the heels of news that Wendy’s will be partnering with Honest Tea to bring an organic product to its menu, the brand announced today it is planning to sell 640 restaurants in the United States and Canada to franchisees to increase cash and lower expenses.

The brand had previously announced its plans to sell certain restaurants to lower the number of company-operated locations, and plans on now selling 380 restaurants by year’s end and 260 restaurants next year. This plan will give the brand $400-$475 million in pretax income and “significantly reduce future capital expenditure requirements.”

"Going forward, we intend to buy and sell restaurants opportunistically to act as a catalyst for growth by further strengthening our franchisee base, driving new restaurant development and accelerating Image Activation adoption," CEO Emil Brolick said in a statement.

The Dublin, Ohio-based brand posted first quarter earnings of $27.5 million compared to $46.3 million one year ago.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- franchise expansion (topic)
- Wendy's (company)
- earnings report (topic)
- restaurant sale (topic)
- Dublin, Ohio (location)
- capital expenditure (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/wendys-announces-plans-to-sell-640-company-owned-restaurants-1591). Summarized by Burnaze (https://burnaze.com/article/2f7f8096-180f-4ce3-b763-473e43795fe4).