Franchising: Page 8


  • An image of a small brick restaurant with Biggby signage
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    Permission granted by Biggby
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    How Biggby plans to grow from over 350 units to 1K by 2028

    By offering flexible store models, like kiosks and modular units, the chain is rapidly signing new locations and plans to have 66 new units open this year.

    By Nov. 14, 2023
  • Brad Reynolds, Shipley Do-Nuts CFO, in front of an orange background
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    Permission granted by Shipley Do-Nuts
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    Shipley Do-Nuts appoints Blaze Pizza exec as CFO

    Brad Reynolds joined the chain as CFO and Chris Smith became VP of operations, as Shipley pursues franchised growth and entry to new markets. 

    By Nov. 8, 2023
  • A picture of Burger King signs.
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    Justin Sullivan via Getty Images
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    A third Burger King franchisee declares bankruptcy

    Premier Kings, which operates 172 units, struggled with high inflation, increased borrowing rates and the untimely death of its owner in 2022.

    By Nov. 8, 2023
  • A Denny's location in Emeryville, California.
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    Justin Sullivan via Getty Images
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    Denny’s franchisee files for bankruptcy

    Denn-Ohio reported negative net income of $1.3 million in 2022 after struggling with rising labor, food and delivery costs for two years. 

    By Nov. 3, 2023
  • An image of Scooter's Coffee CEO Joe Thornton
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    Courtesy of Scooter's Coffee
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    Scooter’s Coffee promotes president to CEO

    Joe Thornton, who has been the chain’s president since 2022, will become CEO on Jan. 1 as the nearly 750-unit chain works toward 1,000 locations. 

    By Nov. 2, 2023
  • A white table with hands reaching out toward food items like hamburgers, sushi and French fries.
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    Permission granted by C3
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    C3 and Craveworthy Brands to franchise Soom Soom concept

    The companies plan to sell 80 franchise locations of the Mediterranean fast casual by 2027, marking another step toward traditional franchising for the virtual brand operator.

    By Oct. 31, 2023
  • An image of Bonchon CEO Bryan Shin
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    Permission granted by Bonchon
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    Bonchon to try ghost kitchens in 2 US markets

    The Korean fried chicken chain is moving into non-traditional formats to add flexibility and make development less expensive.

    By Oct. 30, 2023
  • NLRB delays effective date of joint employer rule to February

    In a reprieve for franchisors, the National Labor Relations Board pushed back the date its joint employer rule would take effect to early next year.

    By Updated Nov. 20, 2023
  • A TCBY store in Fort Collins, Colorado, in 2013.
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    River North Photography via Getty Images
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    TCBY, Mrs. Fields franchisor acquired by Pearl Street Equity

    The purchase of the brands, for an undisclosed sum, is intended to “take [their] franchisee support to the next level.”

    By Oct. 26, 2023
  • An image of a beige building wiht both Fatburger and Round Table Pizza signage
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    Permission granted by Fat Brands
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    Fat Brands debuts first co-branded Fatburger, Round Table Pizza unit

    The restaurant is the first of four dual-branded units to be operated by Fat Brands’ franchisee SNM Management Group in Dallas.

    By Oct. 25, 2023
  • An image of a building with the words Marco's Pizza on the side.
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    Retrieved from PRNewswire on September 20, 2022
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    Q&A

    Marco’s Pizza aims to unseat Papa Johns as fourth-largest US pizza chain

    Marco’s has identified over 4,200 locations where it could open smaller units in the next five to 10 years, Chief Development Officer Gerardo Flores said.

    By Oct. 23, 2023
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    Spencer Platt / Staff via Getty Images
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    Pret A Manger enters joint venture with franchisee to extend US growth

    Existing franchisee Dallas International will take control of 50 units across the Northeast and develop 10 more on the East Coast by 2026.

    By Oct. 20, 2023
  • A rendering of a Homeward Kitchen, Golden Corral's fast casual concept
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    Permission granted by Golden Corral Corporation
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    Golden Corral fast casual spin-off to open in December

    Homeward Kitchen, which will debut in North Carolina, will help fuel company’s ongoing expansion plan and help Golden Corral reach new demographics.

    By Updated Oct. 20, 2023
  • An image of burgers from BurgerFi
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    Permission granted by BurgerFi
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    BurgerFi expands non-traditional channels with planned movie theater opening

    The chain, which continues to struggle with slumping same-store sales, is leaning into alternative locations to boost brand awareness and expansion. 

    By Oct. 20, 2023
  • An image of Eric Lavinder, chief development officer of Paris Baguette. He is wearing a blue suit
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    Permission granted by Paris Baguette
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    Paris Baguette appoints Duck Donuts exec as chief development officer

    Eric Lavinder brings over 20 years of restaurant experience to the cafe chain, which aims to reach 1,000 units in the U.S. by 2030.

    By Oct. 9, 2023
  • An image of a Golden Corral restaurant exterior in the evening
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    Permission granted by Golden Corral
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    How Golden Corral survived COVID-19

    After the pandemic bankrupted several buffet chains, Golden Corral is focusing on growth and offering franchise incentives to offset high operating costs.

    By Oct. 6, 2023
  • McDonald's Q1 Earnings Up On Higher Menu Prices, Overseas Growth
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    Justin Sullivan via Getty Images
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    McDonald’s franchisees worry chain will increase royalties for existing operations

    The chain will raise royalty rates from 4% to 5% for new and refranchised units in January, but operators say the bigger cost will come from a rent increase, per a BTIG report. 

    By Oct. 3, 2023
  • An image of a refreshed Subway.
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    Courtesy of Subway
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    Subway operators ordered to pay nearly $1M in back wages, shutter operations

    The U.S. Department of Labor found the franchisees told children as young as 14 and 15 to use dangerous equipment, had minors work illegal hours and issued bad checks for payroll. 

    By Oct. 2, 2023
  • A remodeled McDonald's.
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    garett_mosher via Getty Images
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    McDonald’s will raise royalty rate on new US restaurants by 25%

    The fee change increases operator royalty rates from 4% to 5%, but most of the Golden Arches’ franchising revenue will still come from rent, CNBC reports. 

    By Sept. 22, 2023
  • A building with white and brown siding with two black cars at a drive-thru. Signage says Bojangles
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    Permission granted by Bojangles
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    Bojangles to surpass 1K units with current development plans

    The chicken chain has a 250-unit pipeline and is expanding into non-traditional segments, including travel centers, universities and stadiums.

    By Sept. 20, 2023
  • An image of a brick building with red Chick-fil-A signage
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    Brandon Bell via Getty Images
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    Chick-fil-A to return to UK in 2025 with first permanent location

    The fast food chain, which is eying additional locations in Europe and Asia, will invest $100 million during the next decade in the country. 

    By Sept. 15, 2023
  • The California State Capitol building at dusk.
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    rschlie via Getty Images
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    California state Senate passes major restaurant labor compromise

    The labor deal replaced the council outlined in AB 257 with a weakened version, set a $20 sectoral minimum wage, and averted a fight over joint-employer liability.

    By Sept. 14, 2023
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    Permission granted by Huddle House
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    How Ascent Hospitality reinvigorated franchising at Perkins, Huddle House

    Prior to Peter Ortiz joining Ascent Hospitality as chief development officer, growth was virtually at a standstill for the brands. Now they have signed over 70 franchise agreements.

    By Sept. 13, 2023
  • Headshots of Papa Johns chief operating officer, international, Amanda Clark and chief restaurant officer Joe Sieve
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    Permission granted by Papa Johns
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    Papa Johns makes executive adjustments to support domestic, international growth

    Amanda Clark, currently chief international and development officer, will become chief operating officer, international. Joe Sieve, chief restaurant officer, will assume North American development responsibilities, effective Sept. 18.

    By Sept. 13, 2023
  • An image of a Del Taco resturant in Florida
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    Retrieved from GlobeNewswire on November 02, 2022
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    Del Taco gets new president

    Tom Rose takes the helm at the QSR brand as it refranchises large numbers of stores and pushes for a return to net unit growth.

    By Sept. 13, 2023