Multi-Brand Operator Picks Up 44 More Wendy's Locations in New York

• Mergers and Acquisitions :

Andrew and Richard Krumholz have a history of successful franchising. Their Delight Restaurant Group is one of the largest Wendy’s and Taco Bell franchisees in the US with total revenue of more than $290 million annually. The partners have just added to that number by acquiring 44 corporate Wendy’s locations in Long Island, New York.

Part of their new deal includes building several new Wendy's restaurants in the area and remodeling certain acquired restaurants under the brand's Image Activation initiative. This is Delight Restaurant Group's second major acquisition this year following the purchase of 54 Wendy's in North Carolina as part of the NPC bankruptcy sale process.

"We are excited to continue and build on the strong performance of the Wendy's restaurants in the Long Island market,” said Andrew Krumholz, managing partner of Delight Restaurant Group. “We have an amazing team in place and look forward to making a positive difference in our communities."

Delight Restaurant Group’s other managing partner Richard Krumholz added, "We are thrilled to grow with this exceptional portfolio and couldn't be more excited about the future of the Wendy's brand."

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