EXHIBIT 21.1
WENDY’S/ARBY’S GROUP, INC.
LIST OF SUBSIDIARIES AS OF
January 2, 2011
| Subsidiary | State or Jurisdiction Under Which Organized |
| Wendy’s/Arby’s Restaurants, LLC (formerly Wendy’s International Holdings, LLC) | Delaware |
| Arby's Restaurant Group, Inc. | Delaware |
| RTM Acquisition Company, LLC | Georgia |
| Wendy’s/Arby’s Support Center, LLC | Delaware |
| Sybra, LLC | Michigan |
| RTM Partners, LLC | Georgia |
| RTM Development Company, LLC | Delaware |
| RTM Operating Company, LLC | Delaware |
| RTM Operating Company of Canada, Inc. | Ontario |
| Arby’s Restaurant, LLC | Delaware |
| RTM, LLC | Georgia |
| RTMSC, LLC | South Carolina |
| RTM Savannah, LLC | Georgia |
| RTM Georgia, LLC | Georgia |
| Franchise Associates, LLC | Minnesota |
| RTM Alabama, LLC | Alabama |
| RTM West, LLC | California |
| RTM Sea-Tac, LLC | Washington |
| RTM Mid-America, LLC | Indiana |
| RTM Indianapolis, LLC | Ohio |
| RTM Gulf Coast, LLC | Alabama |
| RTM Portland, LLC | Oregon |
| ARG Resources, LLC | Georgia |
| ARG Services, Inc. | Colorado |
| Arby’s, LLC | Delaware |
| Arby’s of Canada, Inc. | Ontario |
| Arby’s IP Holder Trust | Delaware |
| Wendy’s International, Inc. | Ohio |
| Wendy’s/Arby’s International, Inc. | Delaware |
| Wendy’s/Arby’s International Services, Inc. | Delaware |
| Wendy’s Restaurants (Asia) Limited | Hong Kong |
| Wendy’s Old Fashioned Hamburger Restaurants Pty. Ltd. | Australia |
| Restaurant Finance Corporation | Ohio |
| Café Express, LLC | Delaware |
| BDJ 71112, LLC | Ohio |
| Wendy Restaurant, Inc. | Delaware |
| Wendy’s Old Fashioned Hamburgers of New York, Inc. | Ohio |
| Wendy’s Restaurants of New York, LLC | Delaware |
| Oldemark LLC | Vermont |
| Wendy’s of Denver, Inc. | Colorado |
| The New Bakery Co. of Ohio, Inc. | Ohio |
| Wendy’s of N.E. Florida, Inc. | Florida |
| Wendy’s Restaurants of Canada Inc. | Ontario |
| Wendy’s Canadian Advertising Program, Inc. | Ontario |
| TIMWEN Partnership (1) | Ontario |
| The Wendy’s National Advertising Program, Inc. | Ohio |
| 256 Gift Card Inc. | Colorado |
| SEPSCO, LLC | Delaware |
| Home Furnishing Acquisition Corporation | Delaware |
| Triarc Acquisition, LLC | Delaware |
| Jurl Holdings, LLC (2) | Delaware |
| RCAC, LLC | Delaware |
| Madison West Associates Corp. | Delaware |
| 280 BT Holdings LLC (3) | New York |
| Citrus Acquisition Corporation | Florida |
| Adams Packing Association, Inc. | Delaware |
| TXL Corp. | South Carolina |
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(1) 50% owned by Wendy’s Restaurants of Canada Inc.
(2) 99.7% capital interest owned by Wendy’s/Arby’s Group, Inc. (the “Company”). Certain members of management of the Company have been granted an equity interest in Jurl
Holdings, LLC (“Jurl”) representing in the aggregate a 0.30% capital interest in Jurl and up to a 15% profits interest in Jurl’s interest in Jurlique.
(3) 80.1% owned by Madison West Associates Corp. (“Madison West”), 11.3% owned by affiliates of the Company and 8.6% owned by unaffiliated third parties.
