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)
The OBBBA Resurrects the Immediate R&E Expense Deduction
Under the Tax Cuts and Jobs Act (TCJA), businesses, including manufacturers, have been required since 2022 to amortize domestic Section 174 research and experimental (R&E) costs over five years, rather
How To Seamlessly & Responsibly Integrate AI Into the Workplace
Artificial intelligence (AI) is one of the hottest topics in today’s tech and office technology thought leadership. Everyone seems to be aware of the capabilities of AI, but some might
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
