ATLANTA— GPS Hospitality today announced its acquisition of sixty Burger King restaurants in Michigan from TEAM Scholstak Family Restaurants. The Michigan acquisition marks the largest purchase for GPS to date.
“Fortunately, we found a very qualified buyer in GPS Hospitality,” says Mark Schostak, whose family has owned the Burger King restaurants for the last 34 years. “The GPS leadership team shares the same values and operational philosophies, and we are confident in their ability to continue to successfully grow and operate the Burger King brand, making his transition as seamless as possible for everyone involved.”
The newly purchased restaurants stretch throughout southern Michigan, located in areas such as Lansing, Pontiac, Detroit, Ann Arbor, and Flint. The purchase ups the total number of GPS owned franchises to 196.