AES Acquires 14 Restaurants in Tennessee and Virginia

AES Restaurant Group LLC, announced today the purchase of fourteen Arby’s restaurants located in Tennessee and Virginia.

“Arby’s has been a longstanding part of East TN, especially the communities around Johnson City, Kingsport, Bristol, and Abingdon VA. We are excited to add these restaurants to the AES portfolio,” said John Wade, CEO and Founder.

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“We have a plan to remodel and revitalize the restaurants and are thrilled to be part of these Arby’s legacy markets. These restaurants will be under the leadership of, twenty-year Arby’s veteran Vice President of Operations Michelle Carter, and they are in good hands.”...

​“AES is committed to remodeling and growing the Arby’s brand. We completed five remodels in 2021, in 2022 we have seven remodels, and five new restaurants scheduled to open. Investing in new development and remodeling our existing restaurants demonstrates a commitment to the brand, to our employees, and to the communities we serve,” added Wade. “The feedback we’ve received from our guests, and our teams has been overwhelmingly positive.”