Carrols Restaurant Group, Inc., through its subsidiaries, operates as a Burger King restaurants franchisee in the United States. As of December 28, 2014, the company owned and operated 674 Burger King restaurants located in 15 Northeastern, Midwestern and Southeastern states. Burger King restaurants feature the flame-broiled Whopper sandwich, as well as various hamburgers, chicken and other specialty sandwiches, french fries, salads, breakfast items, snacks, smoothies, frappes, and other offerings. As of December 31, 2014 there were a total of 14,372 Burger King restaurants, of which 14,320 were franchised and 7,354 were located in the United States and Canada. The company operates its restaurants under franchise agreements with BKC. Strategy The key elements of the company’s business strategy include increasing restaurant sales and customer traffic; strategically remodeling to elevate brand profile; and selectively acquiring and developing additional Burger King restaurants. Seasonality The company’s business is moderately seasonal due to regional weather conditions. Due to the location of its restaurants, sales are generally higher during the summer months than during the winter months. Suppliers The company is a member of a national purchasing cooperative, Restaurant Services, Inc. It utilizes three distributors, Maines Paper & Food Service, Inc.; Reinhart Food Service L.L.C.; and MBM Food Service Inc. to supply its restaurants with the majority of its foodstuffs. Government Regulation The company is subject to the federal Fair Labor Standards Act and various other federal and state laws governing such matters as minimum wage requirements; unemployment compensation; overtime; and other working conditions and citizenship requirements. Competition The company’s competitors include McDonald's and Wendy's.
carrols restaurant group inc
968 James Street
Syracuse, NY 13203
|McDonald's Corp||$102.95 USD||+1.18|
|Wendy's Co/The||$9.17 USD||+0.30|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
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