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Arby's

Arby's
Company typeSubsidiary
IndustryRestaurants
FoundedJuly 23, 1964 (1964-07-23), in Boardman, Ohio, U.S.
Founders
  • Forrest Raffel
  • Leroy Raffel
Headquarters,
United States[2]
Number of locations
3,472 (as of 2019)
Area served
United States (incl. Puerto Rico)
Canada
Costa Rica
Egypt
Mexico
Saudi Arabia
South Korea
Turkey
Key people
ProductsFast food
Sandwiches, salads, sides
ServicesFranchising
RevenueIncrease US$3.884 billion (2019)[4]
Total assets15,019,799 United States dollar (2022) Edit this on Wikidata
Number of employees
80,000 (2019)[5]
ParentInspire Brands
Websitearbys.com

Arby's is an American fast food sandwich restaurant chain with more than 3,300 restaurants. The flagship property of Inspire Brands,[6][7] it ranked third in systemwide sales in the United States in the quick-service and fast-casual restaurant industries in 2012, behind Subway and Panera Bread.[8] In October 2017, Food & Wine called Arby's "America's second largest sandwich chain (after Subway)".[9]

Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011 and is now a majority-owner of Inspire Brands.[10] The Wendy's Company held a minority stake of 18.5% in Arby's after the acquisition by Roark Capital; that share was reduced to 12.3% upon the purchase of Buffalo Wild Wings, and was sold back to Inspire Brands on August 16, 2018, for $450 million, a 38 percent premium.[11]

Arby's is best known for selling roast beef sandwiches.[12] Other menu items the chain is known for include gyros, wraps, chicken sandwiches, and milkshakes.[12] Its headquarters are in Sandy Springs, Georgia, a suburb of Atlanta that uses Atlanta mailing addresses.[2] In 2019, there were 3,472 restaurants.[13] There are locations in seven countries outside the United States: Canada, Costa Rica, Egypt, Mexico,[14] Saudi Arabia, South Korea and Turkey.

  1. ^ Taylor, Kate (December 12, 2013). "Arby's Expensive Revamp: Two Logos in Two Years". Entrepreneur. Retrieved September 1, 2022.
  2. ^ a b "Arby's FAQ". Arby's.
  3. ^ "Arby's names Jim Taylor President". Restaurant Business Magazine. August 27, 2019.
  4. ^ "Arby's". Restaurant Business. Retrieved October 29, 2020.
  5. ^ "How humor saved Arby's and propelled it to the forefront of pop culture". CNBC. April 16, 2019.
  6. ^ Thorn, Bret (February 5, 2018). "Arby's, Buffalo Wild Wings new parent Inspire Brands debuts". Nation's Restaurant News. Retrieved February 7, 2018.
  7. ^ "Arby's closes deal for Buffalo Wild Wings, makes new company". Star Tribune. Associated Press. February 5, 2018. Archived from the original on February 7, 2018. Retrieved February 7, 2018.
  8. ^ Oches, Sam (August 2013). "The QSR 50 Sandwich Segment". QSR Magazine. Journalistic Inc. Archived from the original on August 11, 2013. Retrieved March 9, 2016.
  9. ^ Pomranz, Mike (October 18, 2017). "Deep Fried Turkey Sandwiches Have Arrived at Arby's". Food & Wine.
  10. ^ "Inside Inspire's New Brand Empire". QSR Magazine. December 1, 2018.
  11. ^ "Wendy's Sells Inspire Brands Stake for $450 Million". August 16, 2018.
  12. ^ a b "Arby's Foundation Invests $3 Million in the Fight To End Childhood Hunger in Georgia". PR Newswire (Press release). The Arby's Foundation. January 10, 2013.
  13. ^ "Arby's Franchise Information". Entrepreneur. Retrieved June 13, 2019.
  14. ^ Arby's. "Arby's | Carne en serio". www.arbys.mx (in Spanish). Retrieved June 21, 2021.

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