Privately held company | |
Industry | Restaurants |
Founded | July 23, 1964 Boardman, Ohio, U.S. |
Founders |
|
Headquarters | Sandy Springs, Georgia, U.S. |
Number of locations
|
3,342 (December 2015) |
Area served
|
|
Key people
|
Paul Brown (CEO) |
Products | Fast food Sandwiches (roast beef • Angus beef • chicken • turkey) • salads • french fries • onion rings • potato cakes • mozzarella sticks • soft drinks • ice tea • milkshakes • desserts • and a complete breakfast menu served daily from 6:00 am until 10:30 am |
Services | Franchising |
Revenue | US$1.2637 billion (2007) |
US$9.4 million (2007) | |
US$16.1 million (2007) | |
Owners |
Roark Capital Group (81.5%) The Wendy's Company (18.5%) |
Number of employees
|
74,000 (2013) |
Website | arbys |
Arby's Restaurant Group, Inc. (/ˈɔːrbiz/), or simply Arby's, is the second-largest quick-service fast-food sandwich restaurant chain in the U.S. in terms of units with more than 3,300 restaurants system wide and third in terms of revenue.
Roark Capital Group acquired the company in July 2011 and owns 81.5% of the company, with The Wendy's Company owning the other 18.5%. In addition to its classic Roast Beef and Beef 'n Cheddar sandwiches, Arby's products also include deli-style Market Fresh line of sandwiches, Curly Fries and Jamocha Shakes. Its headquarters are in Sandy Springs, Georgia.
As of December 31, 2015, there were 3,342 restaurants. There are international locations in four countries outside of the United States: Canada, Turkey, Qatar, and United Arab Emirates.
Arby's was founded in Boardman, Ohio, on July 23, 1964, by Forrest (1922–2008) and Leroy Raffel (1927), owners of a restaurant equipment business who thought there was a market opportunity for a fast food franchise based on a food other than hamburgers. The brothers wanted to call their restaurants "Big Tex", but that name was already used by an Akron business. Instead, they chose the name "Arby's", based on R. B., the initials of Raffel Brothers.
The Raffel brothers opened the first new restaurant in Boardman, Ohio, just outside Youngstown, on July 23, 1964. They initially served only roast beef sandwiches, potato chips, and soft drinks. Hoping to attract a more upscale clientele, Arby's interior design was purposely more luxurious in appearance than the typical fast food sandwich stand of the day. Arby's offered their roast beef sandwiches for $.69 at a time when hamburger stands were charging $.15 for a hamburger. A year later, the first Arby's licensee opened a restaurant in Akron, Ohio. The famous Arby's "hat" was designed by the original sign makers, Peskin Sign Co. Expansion to other states began in 1968, beginning in Pittsburgh (the closest large out-of-state market to Youngstown) and Detroit.