2025 MULTI-BRAND 50

This year’s Multi-Brand 50 reveals a dynamic year in multi-unit, multi-brand franchising. While familiar names continued to dominate the top spots, this year’s data highlights steady expansion, strategic acquisitions, and some notable new entrants making their mark on the landscape. At the top of the list, Flynn Group maintained its No.

1 position, increasing its total unit count from 2,520 in 2024 to 2,745 in 2025. The franchise giant, known for operating Pizza Hut, Applebee’s Neighborhood Grill & Bar, Arby’s, Wendy’s, Taco Bell, Panera Bread, and Planet Fitness, continued to scale its operations. In 2024, Flynn Group expanded its Wendy’s and Panera locations and acquired additional Pizza Hut units in 2025, bringing its total count of Pizza Hut restaurants to 1,024.

At No. 2, Sun Holdings jumped a spot and went from 1,193 units last year to 1,704 this year. KBP Brands came in at No.

3, holding steady with 1,120 in 2024 and 1,119 in 2025. Notable changes Several franchise groups made significant leaps in ranking due to aggressive expansion and strategic acquisitions while some fell off the list due to strategic organizational changes: K-MAC Enterprises made a notable jump from No. 23 in 2024 to No.

18 in 2025, driven by its rapid growth in the 7 Brew portfolio. With an ambitious plan to open 200 new stores by 2027, the company is capitalizing on the growing drive-thru coffee trend. Tasty Restaurant Group, backed by Triton Pacific Capital Partners, climbed from No.

17 in 2024 to No. 13 in 2025. The group expanded its portfolio with the acquisition of 64 KFC restaurants, further strengthening its position in the fast-food sector.

Alline Salon Group, formerly ranked No. 22 in 2024, dropped off the list entirely. The group exited the franchise business, selling its entire portfolio to Regis Corporation for $22 million.

The 2025 Multi-Brand 50 also saw new entrants making their debut. Tacala LLC, a longtime Taco Bell operator, appeared on the list for the first time. In 2024, Tacala diversified its brand portfolio by adding 7 Brew, marking its entry into the fast-growing drive-thru coffee segment.

The Multi-Brand 50 franchisees saw widespread unit growth in 2025, highlighting their resilience and continued expansion in an evolving market. Larger operators are not only consolidating their existing positions, but also branching into new segments and concepts to mitigate risks and expand revenue streams, ensuring long-term relevance and profitability. Whether it’s established giants like Flynn Group broadening their brand mix or new entrants like Tacala LLC tapping into the specialty beverage space, large operators continue to leverage brand diversity, operational scale, and strategic acquisitions to stay competitive in today’s fast-changing franchise landscape.

Ambika Oberoi is director of information management for FRANdata. Rank Company Name Total Units Brand Number of Units 1 FLYNN GROUP 2,745 Pizza Hut Applebee’s Neighborhood Grill & Bar Arby’s Wendy’s Taco Bell Panera Bread Planet Fitness Residence Inn by Marriott Courtyard by Marriott Hampton Inn by Hilton Fairfield by Marriott Homewood Suites by Hilton Comfort Country Inn & Suites by Radisson Hilton Garden Inn SpringHill Suites by Marriott Holiday Inn Four Points by Sheraton TownePlace Suites by Marriott 1,024 461 358 311 301 146 42 28 23 13 12 11 1 3 4 4 1 1 1 2 SUN HOLDINGS 1,704 T-Mobile Arby’s Papa Johns Taco Bueno Burger King Applebee’s Neighborhood Grill & Bar Popeyes Louisiana Kitchen McAlister’s Deli Freebirds World Burrito GNC Live Well Julio’s Tex-Mex Restaurant IHOP Golden Corral Cantina Laredo Rodeo Cantina 380 240 235 150 141 131 130 86 75 51 40 37 5 2 1 3 KBP BRANDS 1,119 KFC Taco Bell Arby’s Sonic Long John Silver’s A&W 721 162 117 85 31 3 4 LOVE’S TRAVEL STOPS & COUNTRY STORES 799 Subway Godfather’s Pizza Chester’s Arby’s Hardee’s Carl’s Jr. Bojangles Taco John’s Holiday Inn Sleep Inn by Choice Hotels Best Western Hotels & Resorts Dunkin’ Fairfield by Marriott DQ Treat Microtel Inn & Suites by Wyndham Bimbo Foods Bakeries Distribution Hampton Inn by Hilton MainStay Suites Extended Stay by Choice Hotels Naf Naf Middle Eastern Grill 238 167 133 98 78 34 14 12 4 4 3 3 3 2 2 1 1 1 1 5 SIZZLING PLATTER 714 Little Caesars Wingstop Jamba Dunkin’ Jersey Mike’s Subs Sizzler Red Robin Gourmet Burgers and Brews Cinnabon 358 185 92 33 32 7 5 2 6 PILOT COMPANY 669 Subway Cinnabon Dunkin’ Wendy’s Arby’s Taco Bell Auntie Anne’s DQ Treat Moe’s Southwest Grill Pizza Hut Chester’s 218 174 83 81 52 28 12 8 6 6 1 7 HZ RESTAURANT GROUP 600 Popeyes Louisiana Kitchen Dunkin’ La Madeleine Baskin-Robbins 393 152 43 12 8 HAZA GROUP 557 Wendy’s Taco Bell 414 143 9 ARMY & AIR FORCE EXCHANGE SERVICES 480 Subway Burger King Charleys Popeyes Louisiana Kitchen Arby’s Taco Bell Qdoba Mexican Eats Einstein Bros.

Bagels Baskin-Robbins Dunkin’ Rice King Regal Nails Salon & Spa Wing Zone Pizza Hut Slim Chickens Taco John’s 123 105 81 58 29 24 23 19 4 4 3 2 2 1 1 1 10 ARAMARK 474 Chick-fil-A Einstein Bros. Bagels Panda Express Subway Dunkin’ Moe’s Southwest Grill Oath Pizza Which Wich Pizza Hut Qdoba Mexican Eats Freshii Steak n Shake by Biglari Raising Cane’s Panera Bread Auntie Anne’s Jamba PJ’s Coffee of New Orleans Tim Hortons Village Juice Co. Taco Bell BurgerFi Caribou Coffee Chili’s La Madeleine McAlister’s Deli Mooyah Paciugo Gelato Caffé Baja Fresh Denny’s Erbert & Gerbert’s Sandwich Shop Extreme Pita Jersey Mike’s Subs Quiznos Rusty Taco Smashburger Wendy’s 112 88 39 34 23 21 21 19 16 12 10 10 9 8 6 6 6 4 4 3 2 2 2 2 2 2 2 1 1 1 1 1 1 1 1 1 11 GPS HOSPITALITY 469 Burger King Pizza Hut Popeyes Louisiana Kitchen 390 61 18 12 CMG COMPANIES 462 KFC Sonic Rent-A-Center Ace Hardware Taco Bell Little Caesars 176 101 91 37 35 22 13 TASTY RESTAURANT GROUP 458 Pizza Hut KFC Burger King Dunkin’ Taco Bell Baskin-Robbins 183 164 55 37 13 6 14 CHARTER FOODS 453 Taco Bell Long John Silver’s KFC A&W Pizza Hut 373 42 26 6 6 15 AMPLER GROUP 437 Burger King Taco Bell Little Caesars Church’s Texas Chicken 146 101 98 92 16 ANCHOR POINT MANAGEMENT/PACIFIC BELLS LLC 437 Taco Bell European Wax Center Buffalo Wild Wings 7 Brew Fully Promoted Signarama 279 75 65 16 1 1 17 SUMMIT RESTAURANT GROUP 418 IHOP Applebee’s Neighborhood Grill & Bar Sonny’s Real Pit Bar-B-Que 278 111 29 18 K-MAC ENTERPRISES INC 405 Taco Bell 7 Brew Whataburger 346 45 14 19 WKS RESTAURANT GROUP 387 Wendy’s Denny’s El Pollo Loco Krispy Kreme Doughnuts Blaze Pizza 137 123 69 50 8 20 TACALA 368 Taco Bell 7 Brew 359 9 21 JIB MANAGEMENT 363 Jack in the Box Denny’s TGI Fridays Sizzler Corner Bakery Cafe Super 8 by Wyndham 238 74 45 4 1 1 22 DIVERSIFIED RESTAURANT GROUP (DRG) 358 Taco Bell Arby’s 328 30 23 HARMAN MANAGEMENT CORPORATION 350 KFC A&W Taco Bell Long John Silver’s 217 91 39 3 24 KOVAN GROUP/ DEKK GROUP/ NGP MANAGEMENT 343 Dunkin’ Baskin-Robbins 306 37 25 DESERT DE ORO FOODS 339 Taco Bell Pizza Hut KFC 226 83 30 26 QUALITY RESTAURANT GROUP 335 Pizza Hut Sonic Moe’s Southwest Grill Arby’s 168 75 65 27 27 GS DALLAS GROUP/GSR GROUP 319 Wingstop Subway Massage Envy European Wax Center Fajita Pete’s 178 130 8 2 1 28 COMPASS GROUP USA 317 Chick-fil-A Einstein Bros.

Bagels Panda Express Papa Johns Subway Dunkin’ Pizza Hut PJ’s Coffee of New Orleans Jamba Jersey Mike’s Subs Moe’s Southwest Grill Firehouse Subs Taco Bell Which Wich Caribou Coffee Erbert & Gerbert’s Sandwich Shop Qdoba Mexican Eats Slim Chickens Steak n Shake by Biglari Wendy’s Freddy’s Frozen Custard & Steakburgers Smashburger Auntie Anne’s Bojangles KFC Pita Pit Popeyes Louisiana Kitchen Sbarro The Habit Burger Grill Tim Hortons Baskin-Robbins Blimpie Burger King Chili’s Freshii illy Caffé Mod Pizza Quiznos 63 53 32 24 23 18 10 7 6 6 6 5 5 5 4 4 4 4 4 4 3 3 2 2 2 2 2 2 2 2 1 1 1 1 1 1 1 1 29 PURPLE ROCK INVESTMENT COMPANY/ PURPLE SQUARE MANAGEMENT CO 317 Dunkin’ Rent-A-Center Popeyes Louisiana Kitchen Take 5 Oil Change Center RimTyme Baskin-Robbins American Family Care The Brass Tap Craft Beer Bar 104 63 44 38 28 27 11 2 30 FEAST ENTERPRISES/ BESHAY ENTERPRISES/ DMSD FOODS 298 Jack in the Box Popeyes Louisiana Kitchen Denny’s Corner Bakery Cafe 268 14 12 4 31 THE COVELLI FAMILY LIMITED PARTNERSHIP 281 Panera Bread DQ Grill & Chill O’Charley’s DQ Treat Oath Pizza 269 5 5 1 1 32 G & M OIL CO 279 Chevron ExtraMile 149 130 33 LUIHN VANTEDGE PARTNERS/ VANTEDGE PARTNERS 277 Taco Bell Dunkin’ KFC Long John Silver’s Take 5 Oil Change Center Pizza Hut 173 78 16 4 4 2 34 EYM GROUP 272 Pizza Hut Denny’s KFC Panera Bread Taco Bell 142 58 49 20 3 35 TA OPERATING/ TRAVELCENTERS OF AMERICA 270 Popeyes Louisiana Kitchen Taco Bell Subway Burger King Pizza Hut Dunkin’ Black Bear Diner Arby’s IHOP Baskin-Robbins Charleys Wendy’s Fazoli’s A&W Caribou Coffee Carl’s Jr. DQ Treat Jamba KFC Nathan’s Famous Papa Johns TacoTime Tim Hortons 70 36 35 34 30 12 9 7 7 5 5 5 4 2 1 1 1 1 1 1 1 1 1 36 SODEXO 267 Chick-fil-A Einstein Bros. Bagels Subway Dunkin’ Pizza Hut Jamba Qdoba Mexican Eats Moe’s Southwest Grill Steak n Shake by Biglari Erbert & Gerbert’s Sandwich Shop Garbanzo Mediterranean Fresh Taco Bell Firehouse Subs Panera Bread Baskin-Robbins Which Wich Auntie Anne’s Blaze Pizza Burger King Freshii Godfather’s Pizza PJ’s Coffee of New Orleans The Habit Burger Grill Baja Fresh Barry Bagels DQ Treat McAlister’s Deli Mrs.

Fields NrGize Lifestyle Cafe Papa Johns 68 63 21 19 17 8 8 7 6 5 5 5 4 4 3 3 2 2 2 2 2 2 2 1 1 1 1 1 1 1 37 AMPEX BRANDS 263 KFC Pizza Hut Long John Silver’s Taco Bell 145 75 29 14 38 AKASH MANAGEMENT 242 Carl’s Jr.