Franchising: Page 21
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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 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 -
Permission granted by Curry Up Now
Deep DiveWhy 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 -
Courtesy of Blaze Pizza
Deep DiveFranchisees 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 -
Drew Angerer via Getty Images
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 -
Tamir Kalifa via Getty Images
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 -
Permission granted by Caribou Coffee
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
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