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163

Army Air Force Exchange Service

3911 S Walton Walker Blvd, Dallas, TX 76065

Track This Company Profile reviewed October 2026

Approximately 60-65% of the Army Air Force Exchange Service restaurant locations are linked in the Atlas Research Platform.

Enterprise Snapshot
(US & CAN)

Public profile metrics.

~360 Restaurant locations
11 Concepts or Entities
~$500M System sales (US & CAN)
15+ C-suite connections

Concepts

3 of 11 shown
Arby's Burger King Charleys View All

Cuisines

4 of 4 shown
Burger Sandwich Mexican/Latin Bakery/Cafe

States & Provinces

3 of 33 shown
AK AL AR View All

Summary

The Army and Air Force Exchange Service, commonly known as AAFES or simply The Exchange, is a Dallas, Texas based retailer that serves soldiers, airmen, guardians, retirees and their families on military installations. Its roots trace to 1895, when the War Department authorized post exchanges at Army posts, and the modern Exchange is a Department of Defense entity that returns a portion of its earnings to quality-of-life programs for military communities. Alongside its retail stores, The Exchange runs restaurant operations in base food courts and stand-alone units as a multi-brand franchisee. Its restaurant portfolio includes Arby's, Burger King and Charleys, plus 8 others. The Exchange operates these restaurants under franchise agreements and does not own those consumer brands. The food program is quick service and centers on lunch and dinner, with menus spanning chicken, American fare, bakery-cafe items, donuts and frozen treats. A typical unit offers about 60 seats in roughly 1,500 square feet, a compact layout suited to food courts and busy installation corridors where service members, civilian employees and families grab meals between duty hours.

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Ownership & Concepts

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Locations & Markets

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How This Profile Is Built

RestaurantData combines corporate disclosures, franchise documentation, public filings, company websites, location research, and proprietary verification. Parent-level figures may aggregate linked concepts. Certain sales and location totals are presented as estimates when companies do not publish a single current figure.

About This Enterprise Profile

Research Notes

2025 FDDs in process. Units will be updated periodically as available.

The Restaurant Enterprise Index is RestaurantData’s research framework for organizing major restaurant enterprises, including franchisors, franchisees, multi-concept operators, and parent organizations.

Certain sales and location totals are presented as estimates when companies do not publish single current figures.

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The Restaurant Enterprise Index focuses primarily on companies with a substantial role in restaurant operations. Investment firms, financial sponsors, and other ownership partners are generally not included unless they also play a meaningful operating role; an otherwise qualifying entity may also be omitted when sufficient reliable information is unavailable.

The ownership hierarchy follows the entity structure from the bottom up, showing the profiled entity in relation to its parent organizations, including its ultimate parent. When the entity owns or operates concepts beneath it, up to three are displayed.

Verify Our Data Methodology

  • Foundation: Active state business registries form the primary backbone of every record.
  • Sources: Publicly available filings throughout, including public Franchise Disclosure Documents (FDDs).
  • Integrity: Zero proprietary third-party databases utilized.
  • Verification: Entity/concept records are validated at the source by our in-house research team.

Leveraging Human-Verified Connections

  • Collection: Filings and public records are gathered through intake procedures.
  • Verification: In-house researchers review every record before it enters the database.
  • Ownership Chain: Where relationships can be established, researchers work upward from a concept headquarters or single concept through parent, grandparent, and ultimate parent, resolving operators into one connected structure.

Maintaining the Longitudinal Record

  • Duration: Continuous tracking since 1997. Twenty-nine years of unit-level history.
  • Method: Same methodology applied across the full period so year-over-year comparisons hold.
  • Change Tracking: Openings, closures, ownership transfers, and operator consolidation are recorded as they occur, not backfilled.
  • Result: Expansion and contraction trends visible over decades, not snapshots.
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