Cambridge
Franchise
Holdings
Scale
+$1.5 Billion of Revenues
+1,000 Restaurants
Industry
Fast Food
Year
2013
Location
Henderson, NC
Carolina Quality, Inc owner Ray Meeks operated 23 Burger Kings in North Carolina, Virginia, Tennessee, Alabama and Mississippi. To further grow his business, Ray needed additional capital to remodel his existing restaurants and build new ones.
Enter Garnett Station. In 2014, we partnered with Ray to grow his business. We implemented what we believe to be the most favorable incentive compensation program in the industry. We partnered with some of the industry’s best talent to help execute on the significant margin expansion, new store development and roll-up opportunities. We merged with Carrols Restaurant Group (NASDAQ:TAST) in early 2019 and are now among the largest franchise businesses in the United States.