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Friday, September 23, 2011

Yum Sells Off Long John Silver's And A&W To Franchisee Groups

After nine months on the market, Yum! Brands has finally announced it has found buyers for its Long John Silver's and A&W restaurant chains.

Seafood chain — and the only place we know of that sold something called Flavorbaked fish — Long John Silver's will soon be owned by LJS Partners LLC, a company formed by a consortium of franchisee leaders and other investors.

It's a similar story with A&W, which is being purchased by A Great American Brand LLC, a group formed by a franchisee leader with substantial interests in international A&W restaurants and the National A&W Franchisees Association.

The two deals should be completed in the fourth quarter.

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1 comment:

  1. AnonymousSeptember 23, 2011 at 6:18 PM

    Whoever is running "yum" brands has been ruining the brands for years.
    Have you been to KFC lately and seen the scrab legs they call chicken legs?
    How about Taco Bell where you can't eat for less than $8.00
    That company needs to change leadership fast!

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