Flynn Restaurant Group acquires master franchise for Wendy's in Australia
The group plans to open 200 restaurants by 2034.
The Wendy’s Company has signed a new master franchise agreement with Flynn Restaurant Group to develop 200 Wendy’s restaurants in Australia through 2034 through a combination of equity stores and sub-franchise partners.
Flynn Restaurant Group is one of the largest restaurant franchise operators in the world and will serve as the exclusive master franchisee in Australia.
The news follows the announcement of Wendy’s declaring their intention to enter the Australian market following a positive reaction from Australians when Wendy’s opened a pop-up for a day in 2021.
“Australia is a strategic market for long-term growth for Wendy’s. Flynn Restaurant Group has incredible experience in the restaurant space, and we are thrilled to expand our relationship with them. They have a strong leadership team, great culture, vast industry knowledge, success with our brand in the U.S., and we are confident that Flynn Restaurant Group is the right partner to unlock growth for Wendy’s in Australia,” Abigail Pringle, President, International and Chief Development Officer of The Wendy's Company.
This is the second brand Flynn will be franchising in Australia, having bought Pizza Hut in June.