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Multi-brand franchisee Stine Enterprises has just signed a development agreement with Hawaiian Bros to bring 75 locations of the island-inspired food concept to Arizona and North Texas markets.
Stine Enterprises boasts more than 40 years of experience in multi-unit franchising and operates 87 Jack in the Box restaurants and 14 Denny's restaurants in Arizona and California markets. Steve Stine and his son and partner Adam Stine built their franchise portfolio through a combination of new restaurant development and acquisitions.
"We loved the Hawaiian Bros concept and once we met with their team, we were impressed by the level of brand sophistication. The opportunity to operate a unique, high-AUV fast-casual restaurant concept with a simple menu that delivers efficiencies with supply chain and a 30-second speed of service standard at the drive-thru windows was attractive to us," said Adam Stine, president and chief operating officer of Stine Enterprises.
As part of the deal, Stine Enterprises will take over ownership of 11 Hawaiian Bros restaurants in the DFW area.
"We are so excited for the future of Hawaiian Bros, we made a significant equity investment in the corporation," said Steve Stine, CEO and founder of Stine Enterprises.