Meritage Hospitality Group Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Robert E. Schermer Jr.
- Full Time Employees
- 330
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- 45 Ottawa Avenue SW Grand Rapids MI United States of America 49503
- IPO Date
- Sep 27, 1999
- CIK
- 0000808219
- Website
- meritagehospitality.com
- Similar Companies
- Business
- Meritage Hospitality Group Inc. (MHGU) operates as a leading franchisee and multi-brand operator in the quick-service restaurant industry, primarily managing and developing locations for prominent brands including Wendy's, Tim Hortons, and Subway. The company provides comprehensive restaurant management services, encompassing site selection, construction, operations, supply chain logistics, and maintenance; it also offers real estate development and leasing for its franchise units. Headquartered in Grand Rapids, Michigan, and founded in 1996, Meritage Hospitality Group Inc. conducts its operations across multiple U.S. states, with a focus on the Midwest and Southeast regions, serving a broad customer base of everyday diners seeking convenient fast food options. In recent developments, the company expanded its footprint through strategic acquisitions and new unit openings, including multiple Wendy's restaurants in key markets during 2024 and early 2025; it also strengthened its alliance with Wendy's via renewed franchise agreements emphasizing growth initiatives. Meritage announced a significant funding round in late 2024 to support further restaurant developments and operational enhancements, alongside launching upgraded digital ordering systems across its portfolio to boost customer experience and sales efficiency. These moves reflect ongoing business expansions and a shift toward technology integration in franchise operations within the last two years.
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