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WKS buys 94 Denny’s restaurants from QK HoldingsWKS buys 94 Denny’s restaurants from QK Holdings

Deal makes the buyer the chain’s largest franchisee

Bret Thorn, Senior Food Editor

September 30, 2019

1 Min Read
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Multi-concept franchisee WKS Restaurant Group has purchased 94 Denny’s locations and two support centers, making it the largest franchisee of the Spartanburg, S.C.-based family-dining chain, the franchisee announced Monday.

WKS bought the properties from their previous owner, QK Holdings, LLC, which until the deal had been Denny’s largest franchisee.

Terms of the purchase were not disclosed, but it gives WKS a total of 127 Denny’s restaurants across 10 states.

There were a total of 1,702 Denny’s restaurants, about 90% of which are franchised, as of June 26, the end of its most recent fiscal quarter.

WKS also franchises restaurants under the El Pollo Loco, Wendy’s, Krispy Kreme Doughnuts, Blaze Fist Fire’d Pizza and Corner Bakery Café brands.

“We are excited to welcome our friends from QK into the WKS family. Denny’s is an iconic brand with a great heritage, and we are looking forward to building upon QK’s success,” WKS founder and CEO Roland Spongberg said in a release announcing the acquisition. “This is a great business and opportunity, and we are fortunate to be gaining so many great people with this merger, because it’s the people that make all the difference in creating a momentous experience in the restaurant industry.”

In the most recent quarter, Denny’s same-store sales rose by 3.8%.

Contact Bret Thorn at [email protected] 

Follow him on Twitter: @foodwriterdiary

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About the Author

Bret Thorn

Senior Food Editor, Nation's Restaurant News

Senior Food & Beverage Editor

Bret Thorn is senior food & beverage editor for Nation’s Restaurant News and Restaurant Hospitality for Informa’s Restaurants and Food Group, with responsibility for spotting and reporting on food and beverage trends across the country for both publications as well as guiding overall F&B coverage. 

He is the host of a podcast, In the Kitchen with Bret Thorn, which features interviews with chefs, food & beverage authorities and other experts in foodservice operations.

From 2005 to 2008 he also wrote the Kitchen Dish column for The New York Sun, covering restaurant openings and chefs’ career moves in New York City.

He joined Nation’s Restaurant News in 1999 after spending about five years in Thailand, where he wrote articles about business, banking and finance as well as restaurant reviews and food columns for Manager magazine and Asia Times newspaper. He joined Restaurant Hospitality’s staff in 2016 while retaining his position at NRN. 

A magna cum laude graduate of Tufts University in Medford, Mass., with a bachelor’s degree in history, and a member of Phi Beta Kappa, Thorn also studied traditional French cooking at Le Cordon Bleu Ecole de Cuisine in Paris. He spent his junior year of college in China, studying Chinese language, history and culture for a semester each at Nanjing University and Beijing University. While in Beijing, he also worked for ABC News during the protests and ultimate crackdown in and around Tiananmen Square in 1989.

Thorn’s monthly column in Nation’s Restaurant News won the 2006 Jesse H. Neal National Business Journalism Award for best staff-written editorial or opinion column.

He served as president of the International Foodservice Editorial Council, or IFEC, in 2005.

Thorn wrote the entry on comfort food in the Oxford Encyclopedia of Food and Drink in America, 2nd edition, published in 2012. He also wrote a history of plated desserts for the Oxford Companion to Sugar and Sweets, published in 2015.

He was inducted into the Disciples d’Escoffier in 2014.

A Colorado native originally from Denver, Thorn lives in Brooklyn, N.Y.

Bret Thorn’s areas of expertise include food and beverage trends in restaurants, French cuisine, the cuisines of Asia in general and Thailand in particular, restaurant operations and service trends. 

Bret Thorn’s Experience: 

Nation’s Restaurant News, food & beverage editor, 1999-Present
New York Sun, columnist, 2005-2008 
Asia Times, sub editor, 1995-1997
Manager magazine, senior editor and restaurant critic, 1992-1997
ABC News, runner, May-July, 1989

Education:
Tufts University, BA in history, 1990
Peking University, studied Chinese language, spring, 1989
Nanjing University, studied Chinese language and culture, fall, 1988 
Le Cordon Bleu Ecole de Cuisine, Cértificat Elémentaire, 1986

Email: [email protected]

Social Media:
LinkedIn: https://www.linkedin.com/in/bret-thorn-468b663/
Facebook: https://www.facebook.com/bret.thorn.52
Twitter: @foodwriterdiary
Instagram: @foodwriterdiary

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