13 Facts About Restaurant Brands

Restaurant Brands New Zealand Limited, trading as Restaurant Brands, is a New Zealand fast food company.

Restaurant Brands currently operates and owns the master franchising rights for the Carl's Jr.

Restaurant Brands operates most of New Zealand's stores for the brands they own rights to and provides management and support services to New Zealand's independent franchisees of the remaining stores.

Restaurant Brands was formed to acquire shares in KFC and Pizza Hut from PepsiCo.

Restaurant Brands originally purchased 122 stores, 91 KFC stores, 46 Pizza Hut stores and 2 Joint KFC and Pizza Hut stores.

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Restaurant Brands acquired the brand in 1989 after being publicly floated by PepsiCo.

In 2013, Restaurant Brands hinted at the possibility of further expanding and introducing Taco Bell to New Zealand, saying it could be achieved within the next year or two.

Speculation of Restaurant Brands acquiring the New Zealand Taco Bell rights has risen after the announcement that the Auckland-based company had acquired a Hawaii-based fast food operator of the Taco Bell brand, among others, that operates in Hawaii, Guam, and Saipan.

Restaurant Brands stated that the acquisition was not a prerequisite for acquiring the New Zealand rights, but rather a move that would give Restaurant Brands greater insight into the inner-workings of the brand.

Restaurant Brands secured the New Zealand franchise for Starbucks Coffee in 1998, opening the first Starbucks store in Parnell, Auckland, reaching 26 stores nationwide.

In September 2018, Restaurant Brands announced that it would not be renewing its licensing agreements with Starbucks Coffee International, Inc, and with the approval of SCI, sold all fixed assets and stock of its Starbucks stores to Tahua Capital Ltd for NZD$4.

In 2002 Restaurant Brands expanded its operations overseas with the acquisition of 52 Pizza Hut stores in Victoria Australia.

The Victorian operation ultimately proved unsuccessful, with Restaurant Brands exiting the Australian market entirely by early 2008.