Arby's is an American quick-service fast-food sandwich restaurant chain with more than 3,300 restaurants system wide and third in terms of revenue. It was founded in Boardman, Ohio, on July 23, 1964, by Forrest (1922 - 2008) and Leroy Raffel, owners of a restaurant equipment business who thought there was a market opportunity for a fast food franchise based on a food other than hamburgers.