Full-Time
General Manager
Meritage Hospitality Group
201-500 employees
Operates casual and quick-service restaurant franchises
No salary listed
Tallahassee, FL, USA
In Person
 Operations & Logistics (1) |
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- Have strong leadership, organizational, critical thinking, and communication skills.
- Be able to perform all duties of restaurant staff.
- Be at least 18 years of age.
- Possess a high school diploma or the equivalent.
- Lead the restaurant management team to meet sales and budget goals.
- Monitor tasks performed by employees to ensure compliance with Quality, Service, & Cleanliness programs.
- Ensure proper training and compliance.
- Manage food, labor, and paper costs as well as other controllable expenses.
- Make decisions regarding the hiring and termination of employees.
- Attend meetings requested by the District Manager or Area Director.
- Develop restaurant operation skills and grow within the organization.
- Have at least 3 years of supervisory experience, preferably within quick service restaurants.
Meritage Hospitality Group operates a diverse set of restaurant brands across 16 states, focusing on acquiring and managing restaurant franchises, with a significant presence in the Wendy's system. It earns revenue by running its restaurants in both casual dining and quick-service formats and by growing its portfolio through acquisitions. The company differentiates itself through its scale as a multi-brand franchise operator, its emphasis on consistent hospitality experiences, and its commitment to community engagement and partnerships. Its goal is to expand its footprint and deliver value to guests, teammates, communities, and shareholders while pursuing sustainable growth.
Company Size
201-500
Company Stage
IPO
Headquarters
Grand Rapids, Michigan
Founded
1986
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Simplify's Take
What believers are saying
- Closed roughly 60 underperforming stores, targeting $10 million annualized EBITDA improvement.
- Wendy’s Project Fresh supports stronger franchisee margins through closures, discounts, and operational resets.
- Management expects 2027 recovery as restructuring, capital partnerships, and refinancing complete.
What critics are saying
- Q2 2026 sales fell to $150.0 million and net loss hit $13.6 million.
- Meritage remains under lender forbearance and seeks refinancing within 3-9 months.
- Wendy’s system closures and breakfast cuts expose Meritage to existential brand concentration risk.
What makes Meritage Hospitality Group unique
- Meritage pairs Wendy’s scale with acquisitions, remodeling, and new-build execution across 15 states.
- Project Fresh lets Meritage close weak stores and reconfigure breakfast faster than peers.
- Morning Belle adds optional growth beyond Wendy’s, reducing dependence on one concept.
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Benefits
Flexible Work Hours
401(k) Company Match
401(k) Retirement Plan
Growth & Insights and Company News
6 month growth
↑ 9%1 year growth
↑ 9%2 year growth
↑ 9%Meritage Hospitality Group reported second quarter 2026 results showing sales of $150.0 million, down from $163.5 million in the prior year period, which included approximately 40 additional restaurants. The company posted a net loss of $13.6 million compared to earnings of $0.3 million last year, primarily due to $13.8 million in one-time restructuring and closing costs. Restaurant operating income fell to $10.3 million from $15.2 million year-over-year. Adjusted EBITDA was $2.8 million versus $8.2 million in the prior year period. CEO Robert Schermer said the company's Wendy's restaurants showed improved sales trends despite economic headwinds. Meritage forecasts full-year sales of $520 to $530 million and restaurant operating income of $30 to $40 million. The Grand Rapids-based franchise operator runs 320 restaurants across 15 states.
Spanish Newspaper: 'Mubadala' enters the race to acquire 'Burger King' June 9, 2026 16:59 PM | Last updated: June 9, 17:28 2026 Reading time - 1 minute Mubadala joins the race to acquire Burger King's operator in Spain and Portugal in a €2-3 billion deal, as part of its interest in consumer investments in Europe The deal value could reach €3 billion The company is interested in consumer investments in Europe Spain's 'Expansión' newspaper reported that 'Mubadala Investment Company' has joined the race to acquire the company operating the 'Burger King' chain in Spain and Portugal, a move reflecting its continued interest in consumer investments in European markets. The newspaper stated that Mubadala is preparing to submit an offer to acquire the company that owns the operating rights for 'Burger King' in the Spanish and Portuguese markets, which has been controlled by the British investment fund Cinven since 2021. It added that Mubadala faces competition from a number of prominent investors, including 'Meritage Group' and 'Apollo Global Management', who are also studying submitting bids to acquire the company. According to the report, Mubadala's entry into the race reflects the attractiveness of the restaurant and consumer services sector in the Iberian Peninsula, at a time when global investors continue to seek assets capable of generating sustainable growth and stable cash flows. The deal value could range between €2 billion and €3 billion, including debt. Mubadala's move comes within the broader strategy of the Emirati sovereign fund, which manages diversified investments in sectors including technology, infrastructure, healthcare, financial services, and consumer goods around the world, with a focus on opportunities offering long-term returns.
Meritage Hospitality Group reported first quarter 2026 results showing reduced sales but improving margins. Sales fell to $132.6 million from $154.5 million year-over-year, reflecting approximately 60 restaurant closures and reduced morning operating hours at select locations. The company posted a net loss of $9.6 million compared to $4.3 million in the prior year period, including $4.5 million in one-time restructuring charges. However, these strategic closures are expected to unlock $10 million in annualised restaurant EBITDA improvements. For full-year 2026, Meritage projects sales of $520 million to $530 million and adjusted EBITDA growth of 45% to 55%. The franchise operator, which runs 344 restaurants across 15 states, is working with lenders on adjusted contract terms whilst pursuing refinancing opportunities and strategic partnerships.
Meritage Hospitality Group, a US franchise operator, reported preliminary 2025 results showing sales of $617.7 million, down from $668.8 million in 2024. The company recorded a net loss of $26.3 million compared to earnings of $8.0 million the previous year. The decline was driven by margin compression from record-high food and labour costs, particularly beef inflation, and elevated discounting. Fourth-quarter sales fell to $145.0 million from $168.7 million year-over-year. The company closed 21 underperforming restaurants, incurring $13.7 million in one-time charges. Looking ahead, Meritage expects substantial EBITDA recovery in 2026 through cost-saving initiatives and potential relief from reduced beef tariffs. The company operates 365 restaurants across 15 states, including its Morning Belle breakfast concept, which achieved 8.7% same-restaurant sales growth.
The Stan's Tacos restaurant at 355 Wilson Ave. near Lake Michigan Drive in Walker's Standale neighborhood will close after April 1, restaurant owner Meritage Hospitality announced Thursday.