Le Lézard
Classified in: Business
Subjects: TNM, CXP

Applebee's Expands Franchisee Portfolio With Addition Of Louisiana Apple LLC.


GLENDALE, Calif., July 12, 2018 /PRNewswire/ -- Applebee's expands franchisee portfolio with the addition of Louisiana Apple LLC, led by Seenu Kasturi, through the acquisition of 18 Oklahoma, Arkansas and Kentucky-area Applebee's restaurants.

Applebee's(R) Grill & Bar Logo (PRNewsFoto/Applebee's Grill and Bar)

Louisiana Apple LLC. purchased the restaurants from Apple Gold Group. Financial details of the sale will not be disclosed.

"We take great pride in joining the Applebee's family, a great brand with significant momentum," Louisiana Apple President Seenu Kasturi said in a statement. "It's an honor to partner alongside fellow franchisees, company partners and restaurant team members who truly make Applebee's America's favorite Neighborhood Grill + Bar."

While Applebee's guests won't notice the ownership change, and all current team members are expected to be retained, the Louisiana Apple group will continue to deliver the experiences our guests know and expect from Applebee's.

"We are pleased to welcome to the Applebee's family another new franchisee with deep restaurant experience who shares our strategic vision for operational excellence and growth," said Applebee's President John Cywinski.

About Applebee's®
Applebee's Neighborhood Grill + Bar offers a lively casual dining experience combining simple, craveable American fare, classic drinks and local drafts. All Applebee's restaurants are owned and operated by entrepreneurs dedicated to serving their local communities, and offering quality food and drinks with genuine, neighborly service. Applebee's is one of the world's largest casual dining brands; as of March 31, 2018, there were 1,923 Applebee's franchise restaurants in all 50 states, Puerto Rico, Guam and 13 other countries. Applebee's is franchised by subsidiaries of Dine Brands Global Inc. [NYSE: DIN], which is one of the world's largest full-service restaurant companies.

Follow us: 
Instagram: @applebees 
Twitter: @applebees 
Facebook: www.facebook.com/applebees   

 

SOURCE Applebee's Neighborhood Grill & Bar


These press releases may also interest you

at 13:50
Blue Bird to Report Fiscal 2024 Second Quarter Results on May 8, 2024
Blue Bird Corporation , the leader in electric and cleaner-emission school buses, will release its fiscal 2024 second quarter financial results on May 8, 2024. The public is invited to attend an audio webcast in which Blue Bird executives Phil...

at 13:48
Tri Ri Asset Management Corp Announces Strategic Leadership Transition
Tri Ri Asset Management Corp today disclosed a strategic transition in its leadership, effective immediately. Asad Ali, the incumbent Chief Investment Officer, will pivot to a leadership role within Tri Ri's Venture Fund following a brief hiatus....

at 13:45
ESET Announces Integration with Arctic Wolf to Deliver Next-Gen Detection and Response for Businesses
ESET Inspect has been integrated into Arctic Wolf's Managed Detection and Response solution to provide proactive defense via their cloud-native platform and human expertiseArctic Wolf customers will gain access to real-time global telemetry, detailed...

at 13:43
HousingWire's Rising Stars 2024 Honors Guaranteed Rate's Bill Loser
Guaranteed Rate, the second largest retail mortgage lender in the country, toasts William "Bill" Loser, CPA, the company's Senior Vice President and Controller, for landing on the coveted list of HousingWire's 2024 Rising Stars in Real Estate and...

at 13:38
Minister of Diversity, Inclusion and Persons with Disabilities highlights budget investments to build more homes for Canadians
The federal government recently delivered Budget 2024: Fairness for Every Generation. It is a plan to build a Canada that works better for everyone, where younger generations can get ahead, where their hard work pays off, and where they can buy a...

at 13:37
Hilco Redevelopment Partners (HRP) Celebrates Earth Day Across the Nation with Community Volunteer Events
HRP, a leader in sustainable redevelopment, proudly celebrated Earth Day 2024 in major cities across the United States that are home to some of the company's transformational projects. HRP's unique approach to redevelopment prioritizes environmental,...

More news about Business...


News published on and distributed by: