Franchise Times Restaurant 200: TOP 25

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1 Franchise Times Restaurant 200: TOP 25 1 NPC International, Inc. 938,000, Pizza Hut Pittsburg, KS 2 Apple American Group 821,000, Applebee s San Francisco, CA 3 Bridgeman Foods 518,000, Wendy s Louisville, KY 124 Chili s 4 Covelli Enterprises 426,000, Panera Bread Warren, OH 5 O Charley s 5 Strategic Restaurants 405,000, Burger King San Ramon, CA 26 T.G.I. Friday s 6 Boddie-Noell Enterprises 386,000, Hardee s Rocky Mount, NC 5 Moe s Southwest 7 Carrols Restaurant 348,000, Burger King Group, Inc. Syracuse, NY 8 Harman Management 346,000, KFC Corporation 4 Taco Bell Los Altos, CA 9 The Briad Group 327,000, T.G.I. Friday s Livingston, NJ 42 Wendy s 10 Doherty Enterprises, Inc. 303,000, Applebee s Allendale, NJ 29 Panera Bread 11* Pepper Dining, Inc. 300,000, Chili s 12 Heartland Food Corp. 297,000, Burger King Downers Grove, IL 13 Pilot Travel Centers, LLC 277,000, Subway Knoxville, TN 47 Wendy s 14 ADF Companies 267,000, Pizza Hut Fairfield, NJ 13 Panera Bread 15 K-Mac Enterprises 254,000, Taco Bell Ft. Smith, AR 32 YUM! Multi 16 United States Beef Corp. 251,000, Arby s Tulsa, OK 5 Taco Bueno 17* JIB Management 250,000, Jack in the Box Fremont, CA 29 Denny s 18 Tacala/Boom Foods 242,000, Taco Bell Vestavia Hills, AL 66 Sonic Drive-In 19 MUY Brands, LLC 235,000, Pizza Hut San Antonio, TX 48 Long John Silver s 20 Sun Holdings, LLC 233,000, Popeyes Irving, TX 71 Burger King 21 Thomas and King, Inc. 230,000, Applebee s Lexington, KY 6 Carino s 22 D. L. Rogers Corp. 229,000, Sonic Drive-In N Richland Hills, TX 23 DavCo Restaurants, Inc. 224,000, Wendy s Crofton, MD 24 AmRest 219,000, Applebee s Atlanta, GA 25 Quality Dining, Inc. 215,000, Burger King Mishawaka, IN 48 Chili s $180 Million to $205 Million 26 JRN, Inc. 161 KFC Columbia, TN 23 YUM! Multi 27 Southern California Pizza Company 222 Pizza Hut Corona, CA 28* Fugate Enterprises 208 Pizza Hut 70 Taco Bell 29* Sunshine Restaurant Partners, LLC 153 IHOP Sunrise, FL 30 Cedar Enterprises, Inc. 151 Wendy s Columbus, OH 31 Interfoods of America, Inc. 143 Popeyes Miami, FL 18 Burger King 32* Kazi Management VI, LLC 176 KFC St. Thomas, VI 25 Burger King 33 The Rose Group 59 Applebee s Newtown, PA 4 Corner Bakery $150 Million to $175 Million 34* Valenti Management 112 Wendy s Tampa, FL 17 Chili s 35 Border Foods Companies 84 Taco Bell Golden Valley, MN 80 Pizza Hut 36 T.L. Cannon Management 61 Applebee s Ponte Vedra Beach, FL 37 Apple Gold Group 86 Applebee s Raleigh, NC 6 Burger King 38 Apple Sauce, Inc. 78 Applebee s Crestview Hills, KY 39* T-Bird Restaurant Group 56 Outback La Jolla, CA 40 Kaizen Group of Companies 70 Burger King Beaverton, OR 56 Denny s 41 Carlisle Corporation 121 Wendy s Memphis, TN 42* Sizzling Platter, Inc. 142 Little Caesars Murray, UT 22 Sizzler 43* REE Inc. 73 McDonald s Beaumont, TX 44* B & B Consultants 155 Sonic Drive-In Las Cruces, NM 45* Western Reserve Restaurant Mgmt 103 Wendy s Rochester, NY August

2 currents a constant ebb & flow of news $125 Million to $150 Million 46 Casual Restaurant Concepts 50 Applebee s Tampa, FL 47 Pacific Bells, Inc. 84 Taco Bell Vancouver, WA 12 Buffalo Wild Wings 48* Hamra Management Company 47 Panera Bread Springfield, MO 28 Wendy s 49* Caspers Company 49 McDonald s Tampa, FL 50 Metro Corral Partners 28 Golden Corral Winter Park, FL 51 Restaurant Management Co. 132 Pizza Hut 14 Long John Silver s 52 Apple-Metro, Inc. 33 Applebee s Harrison, NY 53 BR Associates, Inc. 104 Long John Silver s Jasper, IN 35 Wendy s 54 Wisconsin Hospitality Group 83 Pizza Hut Wauwatosa, WI 38 Applebee s 55 KBP Foods, Inc. 119 KFC Overland Park, KS 30 Taco Bell 56 Quality Restaurant Concepts, LLC 58 Applebee s Birmingham, AL 57 Friendly Franchisees Corporation 64 Carl s Jr. La Palma, CA 18 Denny s 58 Pizza Properties, Inc. 41 Peter Piper Pizza El Paso, TX 39 Burger King $100 Million to $125 Million 59 Palo Alto, Inc. 73 Taco Bell Denver, CO 39 Pizza Hut 60 Carolina Restaurant Group 82 Wendy s 61 RPM Pizza, Inc. 127 Domino s Pizza Gulfport, MS 62* The Jan Companies 90 Burger King Cranston, RI 2 Popeyes 63 ACG Texas, L.P. 62 IHOP Richardson, TX 64 SSCP Management, Inc. 42 Applebee s Dallas, TX 18 Burger King 65 Concord Hospitality, Inc. 43 Applebee s Lincoln, NE 4 Famous Dave s 66 Strang Corporation 32 Panera Bread Cleveland, OH 15 Applebee s 67 Apple Investors Group 44 Applebee s Pomona, CA 17 IHOP 68 Apex Restaurant Management, Inc. 66 LJS/A&W Pleasanton, CA 54 KFC 69* Pennant Foods 89 Wendy s Knoxville, TN 70 Falcon Holdings, LLC 165 Church s Chicken Westlake, TX 71 America s Pizza Company, LLC 127 Pizza Hut Lafayette, LA 72 Desert De Oro Foods, Inc. 68 Taco Bell Kingman, AZ 40 Pizza Hut 73 Southern River Restaurants 49 Applebee s Natchez, MS 74 Neighborhood Restaurant Partners, LLC 48 Applebee s Duluth, GA 75* PJ United 113 Papa John s Birmingham, AL 76 Wendy s of Colorado Springs 74 Wendy s Colorado Springs, CO 9 Golden Corral 77 Pacific Island Restaurants, Inc. 45 Pizza Hut Honolulu, HI 38 Taco Bell 78 Frisch s Restaurants, Inc. 29 Golden Corral Cincinnati, OH 79 Gator Apple, LLC 41 Applebee s West Palm Beach, FL 80 McEssy Investment Co. 43 McDonald s Lake Forest, IL 81 QK, Inc. 79 Denny s Scottsdale, AZ 5 Del Taco $90 Million to $100 Million 82 Platinum Corral, LLC 29 Golden Corral Jacksonville, NC 83 BurgerBusters, Inc. 82 Taco Bell Virginia Beach, VA 11 Pizza Hut 84 Starboard Group 63 Wendy s Coral Springs, FL 85 Fourteen Foods 119 Dairy Queen Minneapolis, MN 86 Luihn Food Systems, Inc. 33 KFC Morrisville, NC 24 Taco Bell 87 Southern Multifoods, Inc. 59 Taco Bell Jacksonville, TX 23 YUM! Multi 88* Tar Heel Capital 75 Wendy s Boone, NC 89 Rosenfield Restaurants, LLC 82 Hardee s Lakewood, CO 15 Carl s Jr. 90 Treadwell Enterprises, Inc. 84 KFC Springfield, MO 2 Ruby Tuesday 91 Paradigm Investment Group, LLC 92 Hardee s San Diego, CA 1 T.G.I. Friday s 92 CLP Corporation 41 McDonald s Homewood, AL 2 August 2012

3 93 Southern Bells, Inc. 70 Taco Bell Indianapolis, IN 5 KFC 94 Meritage Hospitality Group 86 Wendy s Grand Rapids, MI 95 Austaco, Ltd 77 Taco Bell Austin, TX 96 The Bistro Group 30 T.G.I. Friday s Cincinnati, OH 5 McAlister s Deli 97 Daland Corporation 100 Pizza Hut $80 Million to $90 Million 98 V&J Holding, Inc. 65 Pizza Hut Milwaukee, WI 37 Burger King 99* AppleCreek Management Co., Inc. 40 Applebee s Duluth, GA 100 Kessler Group, Inc. 48 Friendly s Rochester, NY 21 Burger King 101 Neighborhood Hospitality/ 40 Applebee s Woodland Group, Inc. Hazard, KY 102 J&B Restaurant Partners 59 Friendly s Ronkonkoma, NY 8 Taco Bell 103 Den-Tex Central, Inc. 70 Denny s San Antonio, TX 104 Emerald Foods, Inc. 75 Wendy s 105 Morgan s Foods, Inc. 59 KFC Cleveland, OH 9 YUM! Multi 106* Both Inc. 19 Golden Corral Virginia Beach, VA 107 Mancha Development Co. 35 Denny s Corona, CA 34 Burger King 108 Hospitality Restaurant Group, Inc. 40 Taco Bell Traverse City, MI 15 Pizza Hut $70 Million to $80 Million 109 Retzer Resources, Inc. 35 McDonald s Greenville, MS 110* Stanton & Associates, Inc. 63 Wendy s Jackson, MI 111 Gala Corporation 18 Applebee s Costa Mesa, CA 7 Famous Dave s 112 MarLu Investment Group 46 Church s Chicken Sacramento, CA 21 Jack in the Box 113 Benton Properties, Inc. 63 Sonic Drive-In Springdale, AR 114 Food Management Investors, Inc. 23 Applebee s Minot, ND 2 Space Aliens 115 FourCrown, Inc. 58 Wendy s Oakdale, MN 116 Goldco, LLC 63 Burger King Atlanta, GA 117* Killian Management Services 36 McDonald s West Bend, WI 118 High Plains Pizza 82 Pizza Hut Liberal, KS 119 WKS Restaurant Corp. 50 El Pollo Loco Long Beach, CA 3 Denny s 120 B & G Food Enterprises, LLC 57 Taco Bell Morgan City, LA 20 YUM! Multi 121* Restaurant Management Group 42 Hardee s Kingsport, TN 35 Little Caesars $60 Million to $70 Million 122 First Sun Management Corp. 51 Wendy s Clemson, SC 123 DORO, Inc. 64 Hardee s Eau Claire, WI 5 Taco John s 124* Hallrich, Inc. 82 Pizza Hut Kent, OH 125* JDK Management Company/ 40 Perkins K Investments Ltd. 3 Quaker Steak Bloomsburg, PA 126 Kades Corporation 29 McDonald s Pasadena, TX 127 Janus 1 Unlimited, Inc. 31 McDonald s 128 Team Schostak Family Restaurants 62 Burger King Livonia, MI 3 Del Taco 129 Original Bread, Inc. 32 Panera Bread 130 Romulus, Inc. 37 IHOP Phoenix, AZ 131 AB Enterprises 14 Burger King Redding, CA 12 Applebee s 132 Carisch, Inc. 68 Arby s Naples, FL 133* Bros. Management, Inc. 26 McDonald s Knoxville, TN 134* Las-Cal Corporation 65 Taco Bell Las Vegas, NV 135* Stine Enterprises, Inc. 71 Jack in the Box Phoenix, AZ 136* Fourjay L.L.C 49 Wendy s North Little Rock, AR 137 Ansara Restaurant Group, Inc. 22 Red Robin Farmington Hills, MI 5 Big Boy August

4 138* Austin Sonic, Inc. 56 Sonic Drive-In Austin, TX 139 KC Bell, Inc. 61 Taco Bell 140 DiPasqua Enterprises 101 Subway Winter Park, FL 141 RGT Management, Inc. 53 Taco Bell Collierville, TN 7 Long John Silver s 142 Apple Corps, L.P. 25 Applebee s Witchita, KS $50 Million to $60 Million 143 Howley Bread Group, Ltd. 23 Panera Bread Westlake, OH 144 Dolan Foster Enterprises, LLC 60 Taco Bell Pleasanton, CA 145 Verlander Enterprises, LLC 10 Village Inn El Paso, TX 10 Applebee s 146* Hunt Enterprises 26 McDonald s Hauppauge, NY 147 LDF Food Group, Inc. 42 Wendy s 148 Cotti Foods Corp. 61 Taco Bell Rancho Santa Margarita, CA 149 William Tell, Inc. 18 Applebee s Salt Lake City, UT 8 Famous Dave s 150 J.S. Ventures, Inc. 25 Applebee s 151 LeHigh Valley Restaurant Group 19 Red Robin Allentown, PA 152 RLC Enterprises, Inc. 50 Taco Bell Northbrook, IL 11 KFC 153 GB Restaurants 37 Denny s Chandler, AZ 154* Oerther Foods, Inc. 22 McDonald s Orlando, FL 155 Fowler Foods, Inc. 36 KFC Jonesboro, AR 16 YUM! Multi 156* Diversified Restaurant Holdings 22 Buffalo Wild Wings Southfield, MI 157 DRM, Inc. 69 Arby s Omaha, NE 158 Serazen, LLC 66 Papa John s Orange, CA 159* Mirabile Investment Corp. 45 Burger King Memphis, TN 5 Popeyes 160* Miller Apple, L.P 21 Applebee s Bay Harbor, MI 2 Sonic Drive-In 161 The Bailey Company, LLP 57 Arby s Golden, CO 1 Good Times 162 S-Group Companies 33 Wendy s Sandusky, OH 163 NRD Holdings, LLC 23 Domino s Pizza Decatur, GA 20 Checkers/Rally s 164 BMW Management, Inc. 24 Sizzler Temecula, CA 165* Koning Restaurants International 61 Pizza Hut Miami, FL 166* Parrish Foods 24 McDonald s Dallas, TX 167 MetzGroup 12 T.G.I. Friday s Dallas, PA 3 Krispy Kreme 168* OCAT, Inc. 38 Taco Bell Modesto, CA 169* West Quality Food Service, Inc. 65 KFC Laurel, MS 1 Checkers $40 Million to $50 Million 170* C&R Management Co. 26 McDonald s West Jordan, UT 171 C & P Restaurant Company, LLC 12 Captain D s Macon, GA 7 Cheddar s 172 Restaurant Partnership of Central Texas 21 Applebee s 173 Wendco Group 39 Wendy s Pensacola, FL 174 VKC Group 84 Subway Sugar Land, TX 175 Northcott Company 20 Perkins Chanhassen, MN 4 Houlihan s 176* JAX, LLC 15 Golden Corral 177 U.S. Restaurants, Inc. 34 Burger King Blue Bell, PA 178* J & S Restaurants, Inc. 42 Hardee s Cleveland, TN 179 Shamrock Co, Inc. 24 Taco Bell Hinsdale, IL 11 KFC 180 Brodersen Management Corp. 33 Popeyes Glendale, WI 181 RREMC, LLC 35 Denny s West Palm Beach, FL 182 Primary Aim, LLC 29 Wendy s Zanesville, OH 183 PFC/Classic Dining 31 Denny s Crystal Lake, IL 1 Ruby Tuesday 4 August 2012

5 184* Thomas 5 Ltd. 31 Wendy s Dublin, OH 185 RedKing Foods, LLC 36 Burger King Maple Grove, MN 186 Ryan Restaurant Corp. 8 Applebee s Billings, MT 7 Famous Dave s 187* R & L Foods, Inc. 16 YUM! Multi San Antonio, TX 9 Taco Bell 188 Rawson Foodservice, Inc. 21 Wendy s Rocky Hill, NJ 189 Ocedon Restaurant Mgmt. 52 Burger King Denver, CO 190* GC Partners, Inc. 11 Golden Corral Winston-Salem, NC 191* Lunan Corporation 45 Arby s Chicago, IL 192* RoHoHo, Inc. 52 Papa John s Charleston, SC $35 Million to $40 Million 193 Wendy s of Montana 23 Wendy s Billings, MT 194 H & K Partners 37 KFC Milwaukee, WI 7 YUM! Multi 195 L & K Hodge 62 Papa Murphy s McKinleyville, CA 196 Tricorp Food Services, Inc. 12 T.G.I. Friday s Chesterfield, MO 197 Mach Robin, LLC 14 Red Robin Sun Valley, ID 198 Pizza Hut of Arizona 36 Pizza Hut Tucson, AZ 199 Century Fast Foods, Inc. 32 Taco Bell Los Angeles, CA 200 Peak Interests, LLC 45 Pizza Hut Golden, CO August

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