The Zionsville, Indiana-based operator strengthens its position as the second-largest Arby’s franchisee with a major acquisition spanning nine states.
- AES Restaurant Group buys 115 Arby’s units across nine states.
- Total Arby’s locations owned by AES reaches 344 in 20 states.
- Arby’s is the third-largest sandwich brand in the U.S.
In a decisive expansion move, AES Restaurant Group has acquired 115 additional Arby’s restaurants across nine states, lifting its total portfolio to 344 locations in 20 states. The transaction firmly establishes the Zionsville, Indiana based operator as the second largest Arby’s franchisee in the world and reflects a continued push toward scale among major quick service restaurant operators.
The acquisition follows AES’s earlier purchase of 40 Arby’s locations in Florida, North Carolina, and Virginia. Together, these deals signal a long term growth strategy built on disciplined operations, strong local management teams, and close alignment with Inspire Brands, the parent company of Arby’s.
Arby’s remains one of the most recognizable sandwich brands in the United States, operating more than 3,300 locations nationwide. Known for its roast beef focused menu, the brand continues to maintain a loyal customer base even as the broader restaurant industry navigates shifting consumer preferences and cost pressures.
John Wade, owner of AES Restaurant Group, said the expanded partnership with Inspire Brands reflects a foundation of trust and shared standards. He noted that the latest acquisition represents both a vote of confidence in AES’s operating model and a renewed commitment to delivering consistent guest experiences across every market it serves.
Industry observers say the deal strengthens AES’s ability to invest in people, technology, and customer service while positioning the company for further growth. As consolidation continues to reshape the quick service landscape, AES’s expanding footprint underscores the growing influence of multi unit franchise operators in defining the future of national restaurant brands.
Key Facts:
| Total Arby’s Units Owned | AES Restaurant Group now owns a total of 344 Arby’s units across 20 states. |
|---|---|
| Recent Acquisition | AES recently acquired 115 Arby’s units, expanding their portfolio significantly. |
| Previous Purchases | Earlier this year, AES bought 40 Arby’s units in Florida, North Carolina, and Virginia. |
| Arby’s Position | Arby’s holds the title of the third-largest sandwich brand in the U.S. behind Subway and Panera. |
| Total U.S. Locations | Arby’s had 3,365 U.S. locations at the end of 2024, down from 3,413 in 2023. |
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