When we formed American Franchise Capital in late 2012, we brought together a group of the nation's top restaurant professionals that shared our relentless passion for performance and that wanted to work together to create a dynamic company with a culture of success, positive reinforcement, growth, and opportunity for all. As we grow, we will never forget that our success is a direct result of the hard work and passion by every team member to be the "best in class" in all aspects of our business. Our world class team and culture, paired with our partnership with Quilvest USA Private Equity, makes our companies well positioned to grow more dynamically than ever before. It is truly a great time to be part of AFC and its Taco Bell & Applebee's brands.American Franchise Capital "AFC" currently owns and manages 67 Taco Bell restaurants and 50 Applebee's restaurants in 9 states east of the Mississippi. A total of 117 locations brings our annual sales over $200 million.