Bankrupt franchisee of Pizza Hut, Wendy's restaurants to be …

Jan 8, 2021 · NPC International has agreed to sell all of its approximately 925 Pizza Hut restaurants and about 225 of its 383 Wendy’s restaurants to Flynn Restaurant Group. (Patrick …

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Bankrupt Pizza Hut And Wendy’s Franchisee, NPC International, …

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NPC International, which operates 1,225 Pizza Huts and 385 Wendy’s locations, announced on Friday that Flynn Restaurant Group has agreed to acquire the restaurants for $816 million. …

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NPC Approved To Sell Pizza Hut, Wendy’s Outlets For $800 Million

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Jan 20, 2021 · Restaurant franchisee NPC International Inc. won court approval to sell more than 1,300 Pizza Hut and Wendy’s restaurants for about $800 million, six months after the …

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Leawood-based NPC International Makes Plans To Sell Pizza Hut, …

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The franchisee giant plans to acquire around 1,300 Pizza Hut and Wendy’s locations from NPC in a deal worth $816 million. NPC International, Inc. said it has entered into a stalking horse …

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Wendy’s And Flynn Come To Terms On NPC’s Bankruptcy Sale

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Jan 7, 2021 · Other Wendy’s operators previously approved by the company will acquire locations in Kansas City, North Carolina and Pennsylvania for $248.3 million, according to court …

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Six Buyers Win An Auction For 77 Bankrupt Pizza Hut Restaurants

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1 day ago · The pizza chain itself is among the buyers who won the right to buy restaurants owned by the bankrupt EYM Group for nearly $12 million. The locations are in Illinois, …

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FAQs about Bankrupt franchisee of Pizza Hut, Wendy's restaurants to be … Coupon?

Will Pizza Hut buy Wendy's?

A major restaurant franchisee is getting ready to stuff its crust with hundreds of Pizza Hut and Wendy’s locations it plans to buy from their bankrupt owner. NPC International has agreed to sell all of its approximately 925 Pizza Hut restaurants and about 225 of its 383 Wendy’s restaurants to Flynn Restaurant Group. ...

What happened to Pizza Hut and Wendy's franchises?

NPC, the largest franchisee of both Pizza Hut and Wendy’s and overall second-largest restaurant franchisee in the U.S., filed for bankruptcy protection last summer after missing interest payments on $800 million in loans in January, even before the coronavirus pandemic had disrupted the restaurant industry. ...

Does Flynn Restaurant Group own Wendy's & Pizza Hut?

Flynn Restaurant Group (FRG), already the largest restaurant franchisee in the U.S., will get 925 Pizza Hut locations and about half of NPC’s 393 Wendy’s units. Wendy’s, meanwhile, is buying the remainder of its units in the brand and plans to assign them to the five pre-approved operators. ...

How many Pizza Hut & Wendy's restaurants does FRG own?

Proforma for its acquisition of approximately 1,150 Pizza Hut and Wendy’s restaurants from NPC, FRG will operate over 2,350 restaurants generating $3.5 billion in sales and employing more than 70,000 people in 45 states and the District of Columbia. ...

How much does Flynn pay for Pizza Hut and Wendy's?

Flynn, the country’s largest franchisee and an operator of Taco Bell, Arby’s, Panera Bread and Applebee’s locations, will pay a base purchase price of $552.6 million for Pizza Hut locations and Wendy’s restaurants in Salt Lake City, Central Maryland and Baltimore. ...