Is there an american fast food outlet that is not in tnt now. Geez!
Wendy's coming to T&T
Story Created: Aug 12, 2010 at 6:18 AM ECT
(Story Updated: Aug 13, 2010 at 2:30 AM ECT )
United States fast food chain Wendy's- the home of the old-fashioned hamburger- is coming to Trinidad and Tobago.
Wendy's/Arby's International, a subsidiary of Wendy's/Arby's Group, Inc (NYSE:WEN) yesterday announced the signing of a long-term restaurant development agreement that will give the Wendy's brand "significant presence" throughout the Eastern Caribbean.
The agreement calls for the development of 24 Wendy's restaurants over the next ten years in Trinidad and Tobago and eight other markets.
The first of these restaurants is scheduled to open in 2011 in Trinidad, a statement from the company's US offices said.
"This agreement will enable us to expand Wendy's brand presence throughout the Caribbean basin," said Wendy's/Arby's group president Roland Smith. "In the north, our franchise restaurants in Puerto Rico and The Bahamas generate some of the highest annual unit volumes in our international system; and, in the west, we have a growing presence in Central America. Now, we're building on this regional momentum by entering the Eastern Caribbean with a highly capable franchise team."
The new franchisee is led by Dane Darbasie, who has 17 years restaurant industry experience, including serving as chief executive officer and director of a publicly traded restaurant management company for 12 years.
"We're honoured to have the opportunity to be associated with Wendy's, one of the world's leading restaurant brands. We believe the brand's strong focus on premium quality, menu development and operational excellence provides us with a terrific platform for future growth in our target markets," said Darbasie.
He was previously the chief executive at Prestige Holdings, the franchise holder for KFC in Trinidad.
In addition to Trinidad and Tobago, Wendy's restaurants are planned in Antigua and Barbuda, Barbados, Grenada, Guyana, St Lucia, St Maarten, St Vincent and Suriname.
Wendy's/Arby's Group, Inc is the third largest quick-service restaurant company in the United States with more than 10,000 restaurants in the US and 24 other countries.