Franchising: Page 18
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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 -
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 -
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 -
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 -
Deep Dive
Lack 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 -
Deep Dive
Why franchisors are targeting Texas and Florida
A friendly business environment, strong population growth and lax COVID-19 restrictions have made the two states popular for franchise expansion.
By Julie Littman • Nov. 1, 2021 -
Deep Dive
Franchisees are flocking to fast casuals to grow. Here’s why.
As the segment shows greater resiliency compared to casual dining, restaurant operators are making deals for expansion, taking advantage of a real estate surplus and rebounding traffic.
By Julie Littman • Oct. 25, 2021 -
Tracing the restaurant franchising boom
Why are so many chains investing in rapid franchise expansion? What states and segments are the most attractive? Restaurant Dive explores these questions and more in a four-part article series.
Oct. 18, 2021 -
Restaurants are plotting aggressive franchise expansion. Here’s where — and why.
Surging diner demand, strong franchising sales and second-generation real estate left by shuttered eateries have created a market primed for expansion, with chains targeting Southern states with lax COVID-19 rules.
By Emma Liem Beckett • Oct. 18, 2021 -
Caribou Coffee adds franchising to its US system for the first time
The chain is seeking franchisees for multi-unit deals and will open a mix of its smaller, drive-thru-focused Caribou Cabin prototype and traditional stores.
By Alicia Kelso • Oct. 12, 2021 -
Papa John’s signs largest domestic franchise deal ever
Sun Holdings has agreed to open 100 units in high-growth markets across Texas by 2029, a move that follows several large deals signed by the pizza chain to expand in new and existing international regions.
By Julie Littman • Sept. 29, 2021 -
Delight Restaurant Group adds 54 Wendy’s from NPC International sale
With the acquisition, the franchisee will operate 111 Wendy's and Taco Bell locations across four states.
By Alicia Kelso • March 29, 2021 -
Retrieved from Bojangles/Business Wire on March 02, 2021
Bojangles’ largest franchisee plots 45-unit expansion
Operator Jeff Rigsby of BOJ of WNC will develop restaurants in his existing markets of Georgia, Kentucky, North Carolina and Tennessee, as well as move into Columbus, Ohio.
By Julie Littman • March 2, 2021 -
Retrieved from hoots wings on December 08, 2020
Hooters’ fast casual chain Hoots Wings signs first franchise deal
Hoots Wings plans to open 60 franchised locations through its new agreement with Dallas-based AE Restaurant Group.
By Alicia Kelso • Feb. 25, 2021 -
Noodles & Company plots multi-unit franchise expansion
The fast casual chain is looking to grow its footprint in Southern and Southwest markets, with a focus on off-premise operations.
By Emma Liem Beckett • Feb. 19, 2021 -
McDonald’s agrees to independent review of contentious technology fees
At the request of the National Franchisee Leadership, which claims that no outstanding fees were due, the chain said it plans to enlist Ernst & Young to provide certainty that payables are owed.
By Alicia Kelso • Feb. 16, 2021 -
McDonald’s USA president wants to improve transparency with operators
Joe Erlinger's message comes as tensions over 2021 franchising fees reach a boiling point, with operators agreeing to cut off nonessential communication with corporate and pushing for the formation of a tech co-op.
By Emma Liem Beckett • Dec. 23, 2020 -
McDonald’s franchisees calls for tech co-op amid new fees, Restaurant Business reports
The National Owners Association's latest push follows news of a $423-per-month technology investment cost added to operators' plates to cover a $70 million "lag" from the old payment structure.
By Alicia Kelso • Dec. 22, 2020 -
McDonald’s USA president calls for end of corporate communication freeze, Restaurant Business reports
Joe Erlinger called on franchisees in a video Thursday to end a six-week halt in nonessential communication with corporate, which was incited by frustration over new fees and the end of a Happy Meal subsidy.
By Emma Liem Beckett • Updated Jan. 22, 2021 -
Retrieved from hoots wings on December 08, 2020
Hooters to expand its fast casual chain through franchising
Parent company HOA Brands wants to take the seven-unit wings concept to more than 100 units by 2022.
By Julie Littman • Dec. 8, 2020 -
McDonald’s US franchisees to shoulder more costs, Bloomberg reports
The fast food chain is ending a $300-per-month subsidy it pays each franchisee and is shifting operators to a "pay as you go" model for tech investment, and operators told Restaurant Businesses these changes caught them by surprise.
By Emma Liem Beckett • Dec. 4, 2020 -
Wendy’s wants to buy NPC International’s 393 units
The QSR put forth a consortium bid with a group of pre-qualified franchisees a week after it filed an objection to a deal proposed by stalking horse bidder Flynn Restaurant Group.
By Julie Littman • Nov. 19, 2020 -
Sun Holdings acquires bankrupt IHOP locations
Sun Holdings subsidiary Suncakes LLC bought 41 out of 49 IHOP locations from CFRA Holdings, which filed for bankruptcy in May.
By Alicia Kelso • Oct. 16, 2020 -
Pizza Hut’s largest franchisee declares bankruptcy
NPC has come to an agreement with its lenders on a restructuring plan to reduce the company's significant debt, which includes plans to sell its 385 Wendy's restaurants.
By Emma Liem Beckett • July 1, 2020