MKMB Restaurant Partners LLC Becomes Newest BURGER KING(R) Franchisee

Miami, (BUSINESS WIRE) -- MKMB Restaurant Partners LLC has become the newest BURGER KING(R) franchise owner and operator. This minority-owned and controlled franchise group purchased 19 restaurants in the Des Moines, IA area from Burger King Corp. (NYSE:BKC).

"We are delighted to have MKMB Restaurant Partners LLC as a new franchise owner and operator. We are also pleased to be working with an organization that has significant foodservice experience," said Chuck Fallon, president North America, Burger King Corp. "We look forward to a long-standing relationship with the company as we continue to expand our diverse franchise base within the BURGER KING(R) system."

The debt portion of this transaction was financed by Bank of America. These 19 refranchised restaurants were part of the 72 BURGER KING(R) restaurants that were acquired from Simmonds Restaurant Management last year.

About Burger King Corporation

The BURGER KING(R) system operates more than 11,700 restaurants in all 50 states and in 74 countries and U.S. territories worldwide. Approximately 90 percent of BURGER KING(R) restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. In 2008, Fortune magazine ranked Burger King Corp. among America's 1,000 largest corporations and Ad Week named it one of the top three industry-changing advertisers within the last three decades. To learn more about Burger King Corp., please visit the company's Web site at www.bk.com.

SOURCE: Burger King Corp.

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Sunny Street Cafe
A bright spot in your neighborhood for breakfast, brunch, and lunch. Discover the freedom and balance of owning your own Sunny Street Café: we've...
All American Steakhouse and Sports Theater
The All American concept is not only what the consumer is looking for, it’s what they are craving—great quality food with signature steaks in a...
Big Whiskey's American Restaurant & Bar®
Big Whiskey's American Restaurant & Bar® has become a legend in Missouri over the last 10 years. Now franchising to exceptional operators across...
PuroClean
Join the national insurance restoration service franchise that specializes in fire, mold, and water damage clean up. PuroClean offers a low investment
Kono USA
We've taken one of America's favorite foods and made it even better, innovative, authentic, exciting, and now, we're taking the states by storm.
Share This Page

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.