Triarc Companies, Inc

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International Guild of Hospitality & Restaurant Managers

280 Park Avenue
New York , NY 10017

Phone: (212) 451-3000
Fax: (212) 230-3023

www.triarc.com

Triarc Companies, Inc., a holding company, is the franchisor of the Arby's restaurant system. Through subsidiaries of Arby's, Inc. (which does business as the Triarc Restaurant Group), which are the franchisors of the Arby's restaurant system, the Company participates in the approximately $110 billion quick service restaurant segment of the domestic restaurant industry. There are over 3,300 Arby's restaurants in the United States and Canada , which specialize in the roast beef sandwich segment of the quick service restaurant industry. In addition to various slow-roasted roast beef sandwiches, Arby's offers an extensive menu of chicken, turkey, ham and submarine sandwiches, side dishes and salads. In 2001, Arby's introduced its Market Fresh line of turkey, ham, chicken and roast beef premium sandwiches on a nationwide basis.

Arby's also owns the T.J. Cinnamons concept, which consists of gourmet cinnamon rolls, gourmet coffees and other related products, and the Pasta Connection concept, which includes pasta dishes with a variety of different sauces. Some Arby's franchisees multi-brand with T.J. Cinnamons or Pasta Connection within their Arby's restaurants. Currently, all of the Arby's restaurants are owned and operated by franchisees. As of December 30, 2001 , 469 franchisees operated 3,351 separate restaurants, of which 3,198 operated within the United States and 153 operated outside the United States . Of the domestic restaurants, 336 are multi-branded locations that sell T.J. Cinnamons products, and 54 are multi-branded locations that sell Pasta Connection products. At December 30, 2001 , T.J. Cinnamons gourmet coffees were also sold in an additional approximately 1,620 Arby's restaurants.

Arby's opened its first restaurant in Youngstown , Ohio in 1964. As of December 30, 2001 , franchisees operated Arby's restaurants in 49 states and six foreign countries. As of December 30, 2001 , the six leading states by number of operating units were: Ohio , with 262 restaurants; Michigan , with 173 restaurants; Indiana , with 173 restaurants; Texas , with 163 restaurants; Georgia , with 159 restaurants; and California , with 155 restaurants. The country outside the United States with the most operating units is Canada with 125 restaurants.

Arby's restaurants in the United States and Canada typically range in size from 2,500 square feet to 3,000 square feet. Restaurants in other countries typically are larger than U.S. and Canadian restaurants. Restaurants typically have a manager, assistant manager and as many as 30 full- and part-time employees. Staffing levels, which vary during the day, tend to be heaviest during the lunch hours.

Arby's offers franchises for the development of both single and multiple 'traditional' restaurant locations. Both new and existing franchisees may enter into either a master development agreement, which requires the franchisee to develop two or more Arby's restaurants in a particular geographic area within a specified time period, or a license option agreement that grants the franchisee the option, exercisable for a one year period, to build an Arby's restaurant on a specified site.

In December 2002, the Company acquired Sybra, Inc., a franchisee of the Arby's brand that owns and operates 239 Arby's restaurants in nine states located primarily in Michigan , Texas , Pennsylvania , New Jersey and Florida .

Disclaimer:
The data included within the Financial section is solely for information and does not construe a recommendation and/or endorsement by IGHRM or its members to invest funds with any of the companies listed. You are strongly advised to obtain professional advice with qualified individuals or corporations for any investments of funds.

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