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Morgan's Foods, Inc. operates, through wholly-owned subsidiaries, KFC restaurants under franchises from KFC Corporation, Taco Bell restaurants under franchises or licenses from Taco Bell Corporation and Pizza Hut Express restaurants under licenses from Pizza Hut Corporation and A&W restaurants under licenses from A&W Restaurants, Inc. respectively. As of December 23, 2009, Morgan's Foods, Inc. operates 69 KFC restaurants, 6 Taco Bell restaurants, 12 KFC/Taco Bell "2n1" restaurants, 3 Taco Bell/Pizza Hut Express "2n1" restaurants, 1 KFC/Pizza Hut Express "2n1" restaurant and 1 KFC/A&W "2n1" restaurant. |