Flynn Group Expands Portfolio Through Acquisition of Applebee’s Restaurants; Signs Agreement with Applebee’s to Open 25 New Restaurants

Flynn Group Expands Portfolio Through Acquisition of Applebee’s Restaurants; Signs Agreement with Applebee’s to Open 25 New Restaurants

Business Wire

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PASADENA, Calif.--(BUSINESS WIRE)--Applebee’s, one of the world’s largest casual dining brands, recently signed an agreement with the world’s largest restaurant franchise operator, Flynn Group, with the goal to open 25 new Applebee’s restaurants in the U.S. over the next seven years. This expansion goal is part of Applebee’s development strategy to return the brand to net new unit openings. Tony Moralejo, President of Applebee’s, said, "After 44 years as the neighborhood dining destination in A

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