Arby’s Inks Deal To Open 50 New Restaurants

by Katie Lee

Atlanta — Arby’s Restaurant Group, Inc. (ARG), parent company of the franchisor of the Arby’s brand, has signed a new development agreement with Parikh Network, LLC, a new franchisee to the Arby’s brand, to open 50 new restaurants over the next 8 years.

As part of the transaction, Parikh Network also purchased 18 ARG-owned Arby’s restaurants in the Baltimore and Harrisburg, Pa., markets from which to grow their Arby’s business.

Parikh Network is led by brothers Ashish (CEO) and Amish Parikh (president), who have grown their portfolio to include more than 100 restaurants operating under another quick-service restaurant brand name.

“We are thrilled to welcome Parikh Network into the Arby’s family,” says Paul Brown, chief executive officer, Arby’s Restaurant Group, Inc. “Their track record of operational excellence, including a focus on guest service, and their proven ability to grow their business through new restaurant development year after year has been incredibly impressive.”

Arby’s, founded in 1964, has more than 3,300 restaurants worldwide. Arby’s Restaurant Group, Inc. is headquartered in Atlanta. For more information, visit

SOURCE: Arby’s Restaurant Group, Inc.

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