Posted under Franchise
from http://www.franchisechatter.com 759 days ago

Highlights of Wendy’s Item 19 Financial Performance Representations (2011 FDD)

  • As of the end of fiscal year 2010 (January 4, 2010 to January 2, 2011), there were 1,241 domestic Wendy’s Old Fashioned Hamburgers Restaurants owned by Wendy’s; and 4,547 domestic Wendy’s Old Fashioned Hamburgers Restaurants owned by Wendy’s franchisees, which had been open at least 15 months and opened prior to the start of fiscal year 2010.
  • In counting the Wendy’s restaurants for Item 19, Wendy’s does not include:  (i) new stores that were opened during the fourth quarter of 2009 or during the fiscal year 2010; (ii) stores that were closed for more than a week and reopened during the fourth quarter of 2009 or during the fiscal year 2010; and (iii) stores purchased by franchisees from Wendy’s during the fourth quarter of 2009 or during the fiscal year ...

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