Group to acquire and remodel 66 restaurants in New England
Apple American Group LLC, Applebee’s largest franchisee, agreed to acquire 66 corporate locations in the New England region from parent company DineEquity Inc., the companies said Tuesday. The purchase agreement is the third refranchising deal struck by San Francisco-based Apple American since Applebee’s Neighborhood Grill & Bar was acquired by DineEquity in 2007. Apple American currently operates about 270 Applebee’s locations in 11 states. Terms of the latest ...
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Contact: Desiree Torres Desiree.Torres@penton.com