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Wendy's buys 45% stake in Cafe Express

Discussion in 'BBS Hangout' started by rockHEAD, Feb 27, 2002.

  1. rockHEAD

    rockHEAD Member

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    Cafe Express cooks up major growth
    With investment aid from Wendy's, chain plans 50 restaurants

    The Cafe Express burgers are not going square. And don't expect any 99-cent Portofino Pesto Pasta Salads.

    But Wendy's International now has a 45 percent stake in the Houston-based
    "fast-casual" restaurant chain.

    Wendy's $9 million investment will allow Cafe Express to grow from 13
    locations to 50 over the next four years. Cafe Express has eight locations in
    Houston, four in Dallas and one in Phoenix. The expansion will include more
    locations in those cities as well as new markets in Austin and Scottsdale,
    Ariz.

    The Schillers and Del Grandes will continue to control the Cafe Express
    menu, and its concept will not change.

    Click for entire article
     
  2. deepellumrocket

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    Can we get a Frosty at Cafe Express now?
     

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