AFC Enterprises to Sell Up To 500 Company-Owned Restaurants <b></b>

Dec 11, 2000

Share

Atlanta, GA - AFC Enterprises Chairman FrankBelatti recently announced the company's intention to sellbetween 400 and 500 company-owned restaurants over the next severalyears. The company, which operates Church's Chicken, PopeyesChicken, Cinnabon, Seattle's Best Coffee and TorrefazioneItalia, currently owns 910 of its 3,500 worldwide units.

AFC's goal is to franchise about 75 of its company-ownedrestaurants each year. Belatti would like the company to eventuallyown about half the locations it currently does. "We intend tobecome a franchising company," he said.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

3 Things Your Business Idea Must Have to Succeed — as Proven By Famous Harvard Business School Startups
This Couple Cashed in Their 401ks to Launch a Virtual Business — Here's How It Led to a 9-Figure Exit and Co-Owning 2 Professional Soccer Teams
The No. 1 State to Retire in Might Not Even Be on Your Radar, According to a New Report
12 Books That Self-Made Millionaires Swear By
These Are the Highest-Paying Side Hustles for a Single Day of Work
Use These 3 Steps to Find the Perfect Franchise Opportunity for You

Most Popular

See all

Growing a Business

The Right Way to Ask Someone for a Million Dollars, According to a Fundraiser Who Does It For a Living

No matter what you're raising money for, Wanda Urbanskia says, the same basic rules apply.

By Liz Brody

Growing a Business

Understanding YouTube Analytics — How to Leverage Data to Attract and Retain Subscribers

Whether you're just starting out on YouTube or an experienced creator looking to take your channel to the next level, YouTube Analytics has the metrics you need.

By Jessica Wong

Business News

This Pricey Pineapple Costs Nearly $400 — And It's Already Selling Out

The rare fruit was once only available in Asia. Now, there's already a waiting list for next year.

By Emily Rella

Marketing

Does Your Agency Size Matter? It's Time to Challenge Your Assumptions

A nimble model offers more flexibility while losing none of the practical knowledge and strategic thinking.

By Tripp Westbrook

Business News

Google's New AI Search Results Are Already Hallucinating — Unless You Like Making Pizza Sauce With a Side of Glue

From pizza sauce recipes to fun facts, some AI search results need a fact-checker.

By Sherin Shibu

Leadership

What Makes a Great Leader vs. a Great Manager? Here's Why You Need to Understand the Difference.

How to grow your vision while effectively managing a team.

By Edward Fernandez

AFC Enterprises to Sell Up To 500 Company-Owned Restaurants &lt;b&gt;&lt;/b&gt;

Editor's Pick Red Arrow

Most Popular Red Arrow