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First Wendy's Restaurant Opens in Singapore
Trevor Williams
Atlanta - 12.16.09

The first of 35 planned Wendy's restaurants has opened in Singapore.

Wendy's/Arby's International, the global arm of the Atlanta-based quick-service restaurant franchiser Wendy's/Arby's Group Inc., has contracted Kopitiam Group, a food service company in Singapore with more than $143 million in revenues last year, to build and operate new stores over the next decade.

The Singapore deal is the first in what Wendy's/Arby's officials hope will be a rapid and profitable expansion across Asia.

“Based on comprehensive analysis, we believe we have the long-term growth potential for more than 8,000 restaurants outside of North America, including a much stronger presence in the Asia/Pacific region,” said Andy Skehan, senior vice president at Wendy’s/Arby’s International, in a statement.

There are currently about 6,600 Wendy's locations worldwide, but most are in the U.S. Less than 10 percent are international stores spread throughout 21 countries and territories.

Wendy's/Arby's Group emerged when Atlanta-based Triarc Cos. Inc., then the largest franchiser of Arby's restaurants, acquired Wendy's International Inc. in September 2008.

The all-stock deal was valued at nearly $2.4 billion.


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