 Carrols Corporation was founded in 1960 as a franchisee of the <unk> Freeze Company 's Carrols Restaurants division by Herb Slotnick under the name Carrols Drive @-@ In Restaurants of New York , and by 1968 the company had grown to the point where it purchased the chain from <unk> Freeze . By 1974 Carrols owned and operated over 150 Carrols Club restaurants in the Northeast United States and abroad . In 1975 the company entered into a franchise agreement with Burger King and converted its existing Carrols restaurants in the US into BK locations , closed those stores that were not able to be updated and sold off its international operations . 
