April 15, 2021
Brauvin 18 acquired five Wendy’s quick service restaurants located in South Carolina for an aggregate purchase price of $12,150,000. The properties are leased on a long-term basis to Carolina Restaurant Group, Inc. (“CRG”). Formed in 1993, CRG is one of the top 10 Wendy’s franchisees by unit number, and operates over 122 Wendy’s restaurants in the southeastern United States.