ATLANTA-BASED BURGER KING® FRANCHISEE GPS HOSPITALITY ACQUIRES
15 ADDITIONAL BURGER KING® RESTAURANTS
Vision of Growth and Becoming Favorite Customer QSR Destination Drives Brand
ATLANTA – (January 8, 2014) – GPS Hospitality Acquisition Company, LLC announced today the purchase of 15 BURGER KING® restaurants from Charton Management, Inc. The newly-acquired stores are located in West Virginia and southeastern Ohio.
“Charton Management has a longstanding history with the BURGER KING® brand and we’re excited to add these stores to the GPS portfolio,” said Tom Garrett, CEO and Founder. “We have a plan for aggressive growth – to reach 200 stores by 2018. This is the first step to achieving that goal.”
The turnaround of the Atlanta-based GPS Hospitality stores is well under way. Ten stores were remodeled in 2013, with plans for 14 more in 2014. “We’re on track to remodel 29 of our 42 stores in the Atlanta area by the end of 2015, per our commitment to Burger King Corp. when we became a franchisee in October 2012,” added Garrett. “Investing in remodeling our stores demonstrates a commitment to the brand, to our employees and the communities we serve. The feedback we’ve received from our guests, and our teams, has been overwhelmingly positive.”
“We had a good first year as a BURGER KING® franchisee. We’ve learned a lot about being a part of this iconic brand and are optimistic about the future. Burger King Corp. has a great strategy to move the brand forward and we plan to support them fully,” commented Garrett.
About GPS Hospitality
GPS Hospitality is a BURGER KING® franchisee, operating 42 restaurants in the Metro Atlanta area. GPS Hospitality seeks to become our guests’ favorite QSR destination by implementing our brand values of being Goal focused, People oriented and Service obsessed. For more information, please visit www.gpshospitality.com.
About Burger King Worldwide
Founded in 1954, BURGER KING® (NYSE: BKW) is the second largest fast food hamburger chain in the world. The original HOME OF THE WHOPPER®, the BURGER KING® system operates in over 13,000 locations serving over 11 million guests daily in 91 countries and territories worldwide. Approximately 99 percent of BURGER KING® restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. To learn more about Burger King Worldwide, please visit the company’s website at www.bk.com or follow us on Facebook and Twitter.
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Lisa Grier, GPS Hospitality • email@example.com • 678.224.5237