SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) on Thursday announced it has completed its acquisition of 30 Burger King restaurants in eastern North Carolina for about $20 million in cash.
Carrols, which is headquartered at 968 James St. in Syracuse, announced the acquisition in a news release distributed on Sept. 18.
The deal continues a recent buying spree by the largest Burger King franchisee in the world.
(Sponsored)
Why Now Is the Time To Start Planning for Your Company’s Business Succession
You’ve built a great business, and you love what you do. Retirement is a long way off, so why worry about how you’ll transition the ownership of your company down
House of Representatives Passes $78 Billion Tax Package
On January 31, the House of Representatives overwhelmingly passed the Tax Relief for American Families and Workers Act of 2024, a tax package worth $78 billion. The bill was approved
Carrols has purchased 59 restaurants in 2014 and now operates a total of 611 Burger King restaurants in 13 states, including 164 restaurants in North Carolina.
It has operated Burger King restaurants since 1976.
Contact Reinhardt at ereinhardt@cnybj.com
