Long John Silver’s is a quick-service seafood chain based in Louisville, Ky. The brand currently has 935 units in the U.S. and did $705 million in U.S. sales last year. The chain used to be owned by Yum! Brands Inc. until a group of Louisville franchisees purchased it in 2011, now operating the brand under LJS Partners LLC.
Long John Silver’s, A&W All-American Food and Arby’s were put up for sale last month, stoking speculation about potential buyers, the state of restaurant industry mergers and acquisitions, and the future of these chains....More