New Denny’s Owner Wants To Expand

HeraldNet:

4 Denny’s restaurants in Everett and Lynnwood have been sold to a franchisee who plans to open new locations as part of a growth initiative for the restaurant chain.

Denny’s eateries on Pacific Avenue, Evergreen Way and 128th Street SW in Everett and on 196th Street SW in Lynnwood are now owned by a California-based franchisee called DWO. The restaurants formerly were corporately owned by Denny’s.

‘We see this as a growth potential market,’ said Gene Erdman, spokesman for DWO of La Palma, Calif.

Left a bit unclear is whether employees’ compensation will be affected; some have voiced concerns about that in wake of the ownership change. Erdman said the pay won’t change, and any changes to benefits would be related to switching from ownership under publicly held Denny’s to the privately held franchisee. ‘All employees will be retained in their current positions,’ he said. ‘Really, it will be business as usual.’