Franchising: Page 14
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Retrieved from GlobeNewswire on November 02, 2022
Jack in the Box to sell company-owned Del Tacos to franchisees
The Cypress Group will manage the sale of select Del Taco units to new and existing operators as part of Jack in the Box’s push for an asset-light model.
By Julie Littman • Nov. 3, 2022 -
Permission granted by 810 Billiards & Bowling
Franchise spotlight: 810 Billiards & Bowling creates upscale eatertainment
The entertainment concept, which features bowling, billiards and bocce ball, wants to sign eight to 12 franchise agreements annually over the next two to three years.
By Julie Littman • Oct. 31, 2022 -
Permission granted by Tropical Smoothie Cafe
Tropical Smoothie Cafe opens first double drive-thru
The Oklahoma City restaurant spans about 1,140 square feet on a small lot, with a traditional drive thru-lane and one for delivery and curbside pickup.
By Julie Littman • Oct. 28, 2022 -
Permission granted by Modern Market Eatery
Franchise spotlight: Modern Market Eatery is ready to become a national brand
The 30-unit fast casual brand has already signed its first franchisee for 41 units in 11 new markets, and is looking for more locations to grow.
By Julie Littman • Oct. 24, 2022 -
Permission granted by Fat Brants
Why companies like Fat Brands, BBQ Holdings are co-branding units to scale up
The strategy can boost AUVs, grow sales and offer brand diversity for landlords, say Fat CEO Andy Wiederhorn and BBQ Holdings CEO Jeff Crivello.
By Julie Littman • Oct. 13, 2022 -
Permission granted by District Taco
Franchise spotlight: District Taco to bring its Yucatan flavors beyond DC
The chain, which began franchising in August, plans to expand into more Mid-Atlantic states, targeting 20 to 25 new franchised units annually through 2027.
By Julie Littman • Oct. 10, 2022 -
Retrieved from PRNewswire on October 03, 2022
California Pizza Kitchen lands another LAX location
The casual dining chain, which opened domestic franchising in December, is seeking partnerships for nontraditional locations like entertainment venues.
By Julie Littman • Oct. 4, 2022 -
Brandon Bell via Getty Images
McDonald’s won’t postpone franchising changes, operator group claims
The National Franchisee Leadership Alliance requested policy amendments be delayed from January to June 2023.
By Emma Liem Beckett • Sept. 29, 2022 -
Modern Market signs 41-unit deal with first franchisee
The fast casual company has partnered with Thrive Restaurant Group, which operates 100 restaurants including Applebee’s, to expand into 11 new markets.
By Julie Littman • Sept. 20, 2022 -
Courtesy of Rego Restaurant Group
Rego Restaurant Group develops modular construction units
BCubed Manufacturing will provide Quiznos and Taco Del Mar franchisees the option to build 650-square-foot units with drive-thrus and pickup windows.
By Julie Littman • Aug. 25, 2022 -
Andrew Burton via Getty Images
Why an Applebee’s franchisee is going delivery-only
Doherty Enterprises, which runs 90 Applebee’s units, has a ghost kitchen in Miami and plans to open a delivery-only unit in New York City next year.
By Julie Littman • Aug. 22, 2022 -
Courtesy of Jack in the Box
Jack in the Box offers multi-unit franchisees discounted royalty rates
The incentive program, which is available to operators who develop at least three stores, could save franchisees $180,000 per unit, the chain claims.
By Aneurin Canham-Clyne • Aug. 17, 2022 -
Fat Brands plans to open 900 new restaurants in 5 years
The aggressive expansion strategy would raise the company’s total location to over 3,200 while also adding $50 million in incremental adjusted EBITDA.
By Julie Littman • Aug. 2, 2022 -
Courtesy of Caribou Coffee
Caribou Coffee appoints first chief franchise officer
Matthew Walls will oversee the chain’s franchise expansion. Caribou Coffee added franchising to its U.S. system in October.
By Aneurin Canham-Clyne • July 26, 2022 -
chameleonseye via Getty Images
McDonald’s franchisees ditch Dollar Drinks as inflation stings
Some stores have dropped the long-standing beverage promotion and are marketing value meals instead, The Wall Street Journal reports.
By Aneurin Canham-Clyne • July 5, 2022 -
Chicken Salad Chick
Chicken Salad Chick inks franchise deals as it targets 500 units by 2025
The fast casual chain signed two agreements that will bring 16 more locations to Texas, with plans to open about 50 restaurants nationwide this year.
By Julie Littman • June 22, 2022 -
Courtesy of Little Caesars
Little Caesars on track to double US franchise agreements this year
The pizza chain is growing its footprint by pursuing partnerships with larger operators, military veterans and first responders.
By Alicia Kelso • June 10, 2022 -
Permission granted by Subway
Subway to shift franchisee focus to multi-unit operators
While Subway has historically worked with single-unit owners, it wants to add well-capitalized, experienced operators to its system to focus on quality over quantity.
By Julie Littman • May 27, 2022 -
Joe Raedle via Getty Images
Papa John’s refranchises 90 units in Texas with Sun Holdings
The move will give Sun Holdings, which will open 100 new Papa John's units in Texas by 2029, the scale to support new restaurant development.
By Aneurin Canham-Clyne • March 31, 2022 -
Thai Phi Le/Restaurant Dive
Wendy’s creates development fund, new store formats to grow franchise diversity
The burger chain's "Own Your Opportunity" recruitment initiative is designed to increase restaurant ownership among women and people of color.
By Aneurin Canham-Clyne • Feb. 28, 2022 -
Thai Phi Le/Restaurant Dive
McDonald’s pledges $250M to finance disadvantaged franchisee candidates
The Golden Arches is rolling out a recruitment initiative designed to grow diversity among domestic and international operators.
By Emma Liem Beckett • Dec. 9, 2021 -
Courtesy of California Pizza Kitchen
California Pizza Kitchen debuts domestic franchising program
Just over a year after the full-service pizza chain emerged from bankruptcy, it has shifted its focus to U.S. growth alongside increased global development.
By Julie Littman • Dec. 9, 2021 -
Retrieved from Taco Bell on August 20, 2020
Private investment firm to buy one of Taco Bell’s largest franchisees
Orangewood Partners' purchase of Pacific Bells, which operates over 250 Taco Bells in nine states, comes amid a broader restaurant M&A spike.
By Alicia Kelso • Nov. 12, 2021 -
Permission granted by Cosmic Wings
Sun Holdings adds Applebee’s units to its growing portfolio
The third-largest franchisee in the U.S. acquired 131 Applebee's restaurants in 14 states from RMH Franchise Holdings.
By Alicia Kelso • Nov. 8, 2021 -
Joe Raedle via Getty Images
Deep DiveLack of capital, legislative restrictions may impede franchisees in 2022
Despite these hurdles, there is still runway left for expansion, experts say, and competition for high-quality operators.
By Emma Liem Beckett • Nov. 8, 2021
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