Carrols Restaurant Group, Inc., through its subsidiaries, operates as a Burger King restaurants franchisee in the United States. As of December 29, 2013, the company owned and operated 564 Burger King restaurants located in 13 northeastern, midwestern and southeastern states. Burger King restaurants feature the flame-broiled Whopper sandwich, as well as a variety of hamburgers, chicken and other specialty sandwiches, french fries, salads, breakfast items, snacks, smoothies, frappes and other offerings. As of December 31, 2013 there were a total of 13,667 Burger King restaurants, of which 13,615 were franchised and 7,436 were located in the United States and Canada. The company operates its restaurants under franchise agreements with BKC. Strategy The company’s primary business strategies are as follows: increasing restaurant sales and customer traffic; strategically remodeling to elevate brand profile and increase profit potential; selectively acquiring and developing additional Burger King restaurants; and improving profitability of restaurants acquired by leveraging existing infrastructure and best-practices. Seasonality Due to the location of the company’s restaurants, sales are 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. Regulations The company, in connection with the development and remodeling of restaurants, incurs costs to meet certain federal, state and local regulations, including regulations promulgated under the Americans with Disabilities Act. 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||$100.08 USD||+0.34|
|Wendy's Co/The||$11.00 USD||0.00|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
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