Applebee’s sells remaining company locations in Kansas City

Applebee’s sells remaining company locations in Kansas City

Casual-dining chain is now 100 percent franchised

Applebee's is now an entirely franchised brand following the sale last week of the remaining 23 company-owned locations in the casual-dining chain’s headquarters of Kansas City, Mo.

Applebee’s parent DineEquity Inc., based in Glendale, Calif., confirmed Tuesday that control of the remaining company-owned locations shifted on July 23 to American Franchise Capital LLC, or AFC, a private fund established to make controlled investments. Terms were not disclosed.

Through tw

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