QSR Feature
Behind the Brand
Other Players
| CEO/Senior Executives | Concepts/Units | Revenues | AUV | |
Covelli EnterprisesHQ: Warren, OhioFounded: 1959 |
Sam Covelli, President; Bob Fiorino, CFO |
Panera Bread–112 O’Charley’s |
$233 million |
N/A |
| Covelli projects it will add 119 Panera Bread units by the end of 2007. | ||||
DavCo Restaurants, Inc.HQ: Crofton, Maryland Founded: 1976 |
Harvey Rothstein, Chairman/CEO; Joe Cunnane, President/COO |
Wendy’s–>1611 | $200.0 million2 | N/A |
| DavCo has the exclusive right to develop Wendy’s restaurants in its franchise territory until December 31, 2015. | ||||
Kazi Management VI, LLCHQ: United States Virgin IslandsFounded: 1976 |
Zubair Kazi, CEO; Brian
Burr, President; Michael J. Cook, CFO |
Burger King–21 KFC–201 Pizza Hut–1 KFC /Taco Bell–21 KFC/Long John Silvers–5 KFC/Pizza Hut–13 Taco Bell–1 Long John Silvers–4 |
$220 million |
$1.2 million |
| Kazi Management has acquired and assimilated 101 new stores in three geographically diverse markets (U.S. Virgin Islands, New York/New Jersey, Michigan) since March 2006. | ||||
B.S. Companies, LLCHQ: Louisville, KentuckyFounded: 1988 |
Junior Bridgeman, CEO/President; Paul Thompson, COO; Troy Hanke, CFO |
Wendy’s–161 | $202 million |
$1.3 million1 |
| B.S. Companies has developed 30 Wendy’s units in the past five years. The company plans to continue developing in all its markets. | ||||
Doherty Enterprises, Inc.HQ: Allendale, New JerseyFounded: 1985 |
Edward W. Doherty, President/CEO; | Applebee’s–51 Panera Bread–15 Chevys Fresh Mex–3 Shannon Rose Irish Pub–1 El Pollo Loco–recently acquired franchise rights |
>$250 million3 | N/A |
| Doherty Enterprises acquired the rights to develop 20 El Pollo Loco restaurants throughout northern and central New Jersey in January 2007. The company also plans to open six additional Panera Bread units by May 2008. | ||||
1 QSR Estimate, 2 Source: Restaurant Finance Monitor, June 19, 2006, 3 Projected for 2007

