Keke’s Breakfast Cafe is now aspect of the higher Moons-More than-My-Hammy-verse. The Orlando-born breakfast chain marketed its identify and 52 spots to diner huge Denny’s for a claimed $82.5 million.
Keke’s has developed speedily considering the fact that its founding on Conroy Highway in 2006. Originally identified as Florida Waffle Halt, the proprietors shifted to the (much more unforgettable) name Keke’s immediately after acquiring that they could not trademark that title in 2010. The new title is a blend of co-possessing brothers Kevin and Keith Mahen.
Less than the new title, Keke’s expanded to contain 8 organization-owned areas and 44 franchises. The 52 places are intensely concentrated in Tampa and Orlando. Denny’s announced the offer as section of a assertion on their initially quarter earnings. They explained that they would leave Keke’s structures in area and permit it to operate independently.
“Now we declared the predicted acquisition of Keke’s Breakfast Cafe, which we think can drive incremental progress that complements the Denny’s manufacturer,” John Miller, CEO of Denny’s, in the launch. “We intend to employ the demonstrated abilities of our franchise-targeted small business model to develop Keke’s throughout numerous states with the prolonged-time period focus on of starting to be the A.M. eatery franchisor of preference.”
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